Anchor Insurance declares 2Kobo dividend, pays N540m claims

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By Dennis Udoma

One of Nigeria’s leading underwriting firms, Anchor Insurance, has declared a dividend of 2Kobo per ordinary shares for the year ended 2017.

The dividend, which was ratified by the shareholders at the 28th Annual General Meeting (AGM) of the company held at Le-Meridien Ibom Hotel and Golf Resort near Uyo, Akwa Ibom State, at the weekend, was in keeping to the promise of rewarding shareholders by the Board of Directors.

This is, however, a negative contrast to the N3.6 Kobo per share it paid for the 2016 financial year.

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Chairman, Board of Directors of the company, Dr. Elijah Akpan, in his remarks said, the company made positive headways in some key indices in 2017 despite the Nigerian insurance sector’s abysmal performance in 2016.

The company’s gross premium written grew from…



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