African Alliance Insurance Plc Stock

African Alliance Insurance Plc provides risk underwriting for life, related financial and pension services, aviation and hospitality services for corporate and individual customers in Nigeria. The company is a subsidiary of Conau Limited.

The company’s subsidiaries include Ghana Life Insurance Company Limited, a life assurance company in Ghana; and Axiom Air Limited, a cargo airline company.

Axiom Air Limited was incorporated to carry on the business of airline owners and management, provide air transport for public use, as well as to provide various necessary and or desirable services incidental to this objective, including booking, reservation, routing and ticketing services, baggage management, flight catering and entertainment, and the provision of hotel accommodation.

History

African Alliance Insurance Plc was incorporated in 1960.