AIICO Pension Managers Limited. - Ikeja

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Company name
AIICO Pension Managers Limited.
Location
Plot 2, Oba Akran Avenue, Ikeja, Lagos, Nigeria
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Contact number
+234 805 501 1234
+234 806 085 4411
Fax
+234 1 262 4174
Working hours
  • Monday: 08:00 - 17:00
  • Tuesday: 08:00 - 17:00
  • Wednesday: 08:00 - 17:00
  • Thursday: 08:00 - 17:00
  • Friday: 08:00 - 17:00
  • Saturday: Closed
  • Sunday: Closed
E-mail address
Listed in categories
Financial ActivityInsurance CompaniesInsurance Services
Aiico Pension Contact Number
Aiico Pension Customer Care
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Pension funds
Pension managers
Location map
Company description
Established in 1963, AIICO Insurance Plc is an insurance, pensions management, and asset management Group in Nigeria with market-leading positions in its key business lines:

1. Life assurance and annuity
2. General insurance and special risks
3. Pension management
4. Health insurance and
5. Asset management

The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and Pension products and insurance services. It was later renamed American International Insurance Company Limited (AIICO) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders  
Show more divested.

Following the insurance industry's consolidation in 2007, the Company acquired NFI Insurance Plc and Lamda Insurance Company Limited (both cumulatively accounting for less than 30% of AIICO's pre-acquisition gross premiums). The Company subsequently re-certified as both a General Insurance and Life Assurance Company – taking advantage of its legacy, brand, franchise and strong retail distribution network to grow a leading General Insurance business.

To take advantage of the opportunities presented by the Pension Reform Act of 2004, AIICO Pension Managers Limited (“APML”) was incorporated in February 2005 and licensed in April 2006 as a Pension Fund Administrator (“PFA”) by the National Pension Commission (“PenCom”), and commenced operations in May 2006.

AIICO also owns valuable financial and strategic assets including a controlling stake in AIICO Multishield Limited and a 19% stake in Healthcare International Limited (both healthcare management organisations (HMOs), and AIICO Capital Limited (an asset management wholly-owned subsidiary).

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Verified Business

The accuracy of the company profile for AIICO Pension Managers Limited. is validated by the company owner, representative, or directory administrator.
Registered with us in May 2011
Last update on January 2024

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