goldlink insurance plc
(GOLDINSU:Lagos Stock Exchange)
goldlink insurance plc (GOLDINSU) Snapshot
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52 Week High
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Average Volume 10 Days
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EPS TTM
0.03
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Shares Outstanding
4.5B
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EX-Date
07/12/10
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Goldlink Insurance Plc provides various insurance products in Nigeria. It offers general business insurance products, including fire, motor, burglary, house holders, house owners, worker's compensation, personal accident, money, public liability, product liability, goods-in-transit, fidelity guarantee, and professional indemnity insurance products; and life and pension insurance products comprising unitised uni-dowment insurance, unitised flexi-dowment insurance, endowment assurance, whole life assurance, children education endowment, anticipated endowment assurance, mortgage protection assurance, term assurance, and family income benefits products. The company also provides special risk insurance coverage products consisting of contractors all risk, plants all risk, machinery breakdown, boiler and pressure vessel, electronic equipment, marine cargo, and marine hall insurance products, as well as computer all risk endowment products and bonds. In addition, it offers fire and special perils, consequential loss, group personal accident, marine, engineering installation, erection all risks, and motor business insurance products. The company was incorporated in 1992 and is headquartered in Lagos, Nigeria.
goldlink insurance plc (GOLDINSU) Key Developments
The National Insurance Commission, NAICOM, has constituted a seven-man interim Board of Directors to oversee the affairs of Goldlink Insurance Plc with effect from November 1, 2012. The constitution of the interim board is sequel to the recent resignation of members of the board of directors of the company following anomalies/misstatements discovered in the audited financial statements of the company for the year ended December 31, 2011. The interim board has been, among others, charged with the responsibility of carrying out full investigation of the financial reports and corporate governance failures observed in the course of reviewing the company's financial statement for the year ended December 31, 2011. The interim board, which shall be for six months in the first instance, has Mr. James O. Ayo, as Chairman, Mr. Gbolahan Olutayo, as Managing Director and Mr. Adeyinka Olutungase, as Chief Finance Officer. Other members of the interim board include Ambassador Umar Damagun, Alhaji Sashe Dabana, Prof. Chioma Kanu Agomo and Mallam Abubakar Sadiq Mijinyawa (independent director).
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Industry Analysis
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To contact GOLDLINK INSURANCE PLC, please visit www.goldlinkplc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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