Last 0.50 NGN
Change Today 0.00 / 0.00%
Volume 0.0
As of 9:30 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

law union and rock insur plc (LAWUNION) Snapshot

Open
0.50
Previous Close
0.50
Day High
0.50
Day Low
0.50
52 Week High
07/14/14 - 0.51
52 Week Low
09/24/13 - 0.50
Market Cap
1.7B
Average Volume 10 Days
1.1M
EPS TTM
0.14
Shares Outstanding
3.4B
EX-Date
09/13/10
P/E TM
3.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for LAW UNION AND ROCK INSUR PLC (LAWUNION)

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law union and rock insur plc (LAWUNION) Details

Law Union and Rock Insurance Plc provides non-life insurance policies in Nigeria. Its products include automobile, fire, burglary, householder and houseowners comprehensive, group personal accident, all risks, workmen’s compensation, general third party liability, marine, professional indemnity, goods-in-transit, money, fidelity guarantee, engineering, oil and gas, and bonds insurance policies. The company was founded in 1951 and is headquartered in Lagos, Nigeria.

Founded in 1951

law union and rock insur plc (LAWUNION) Top Compensated Officers

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Executives, Board Directors

law union and rock insur plc (LAWUNION) Key Developments

Law Union & Rock Insurance Plc Announces Executive Changes

Law Union & Rock Insurance Plc appointed Messrs Ajibola Olayinka and Folarin Familusi as non-Executive Directors in the company. Also, former Director, Mr. Issac Ajana has retired from the board of the company and was replaced by Mr. Seni Kusamotu. The appointees would help strengthen the board and assist the firm to unlock its enterprise value as well as ramp-up the ongoing transformation in the company. Olayinka has 26 years of experience spanning across auditing, accounting and business advisory consulting; financial reporting and controls; banking and financial services; oil and gas controllership; real estate and construction; general and executive management; change management and entrepreneurship. Familusi is a professional business administrator and is currently the Executive Director, Operations at Swede Control Intertek Limited.

Law Union & Rock Insurance Plc Announces Earnings Results for the Year Ended December 31, 2013

LAW Union & Rock Insurance Plc announced earnings results for the year ended December 31, 2013. For the year, the company reported profit after tax of NGN 485 million against a loss of NGN 1.3 billion in 2012. Profit before tax was NGN 459 million as against a loss of NGN 1.1 billion in 2012.

Law Union & Rock Insurance Plc Announces Board Appointments

Law Union & Rock Insurance Plc has announced the appointment of Emmanuel Ajibola Olayinka and Folarin Ademola as Directors of the Company with effective from July 24, 2014, at its Board of Directors' meeting held on July 24, 2014. Emmanuel Ajibola Olayinka was also candidated into the Investment Committee and Strategy and Transformation Committee of the Board.

 

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LAWUNION

Industry Average

Valuation LAWUNION Industry Range
Price/Earnings 4.2x
Price/Sales 0.5x
Price/Book 0.4x
Price/Cash Flow 4.2x
TEV/Sales NM Not Meaningful
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