Go Back   StockMarketNigeria.com Forums > Nigerian Stocks > Insurance Stocks
wapic insurance wapic insurance
Invite Your FriendsBlogs FAQDonate Calendar Search Today's Posts Mark Forums Read Experience

Insurance Stocks Aiico, Guinea Insurance, Niger Insurance, Lasaco, UNIC Insurance, etc

Welcome to the StockMarketNigeria.com Forums.
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Reply
Page 6 of 6 « First 45 6
 
LinkBack Thread Tools Search this Thread Display Modes
  #101 (permalink)  
Old 4th July 2011, 01:27 PM
Oracle's Avatar
Forum Moderator
Rank: Senior Member
Points: 12,861, Level: 74
Points: 12,861, Level: 74 Points: 12,861, Level: 74 Points: 12,861, Level: 74
Activity: 33%
Activity: 33% Activity: 33% Activity: 33%
 
Join Date: May 2010
Location: PH
Posts: 4,445
Thanks: 75
Thanked 180 Times in 150 Posts
Groans: 0
Groaned at 9 Times in 9 Posts
Rep Power: 6
Oracle is on a distinguished road
Default Re: wapic insurance
INTERCONTINENTAL WAPIC INSURANCE PLC 01 July 2011
Audited Year Ended December 2010
Profit and Loss Information
2010 2009
Gross Premium N3.655b N4.724b
Profit before Tax N269.290m (N576.055m)
Taxation (N856.947m)(N188.513m)
Profit after Tax (N587.657m)(N387.542m)
Balance Sheet Information
Fixed Assets N649.955m N523.241m
Short Term Investment N6.195b N6.110b
Premium Debtors N1.051b N1.216b
Cash and Bank Balances N431.835m N287.511m
Other Debit Balances N3.138b N4.238b
Insurance Funds N2.323b N2.244b
Other Credit Balances N1.662b N2.090b
Net Assets N7.481b N8.042b
__________________
For every buyer there is a seller, and the future will prove one of them to have made a mistake.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #102 (permalink)  
Old 5th July 2011, 10:15 AM
wanaj0's Avatar
Rank: Senior Member
Points: 10,530, Level: 68
Points: 10,530, Level: 68 Points: 10,530, Level: 68 Points: 10,530, Level: 68
Activity: 41%
Activity: 41% Activity: 41% Activity: 41%
 
Join Date: Apr 2007
Posts: 2,371
Thanks: 0
Thanked 127 Times in 102 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 10
wanaj0 has a spectacular aura aboutwanaj0 has a spectacular aura aboutwanaj0 has a spectacular aura about
Default Re: wapic insurance
Quote:
Originally Posted by Oracle View Post
INTERCONTINENTAL WAPIC INSURANCE PLC 01 July 2011
Audited Year Ended December 2010
Profit and Loss Information
2010 2009
Gross Premium N3.655b N4.724b
Profit before Tax N269.290m (N576.055m)
Taxation (N856.947m)(N188.513m)
Profit after Tax (N587.657m)(N387.542m)
Balance Sheet Information
Fixed Assets N649.955m N523.241m
Short Term Investment N6.195b N6.110b
Premium Debtors N1.051b N1.216b
Cash and Bank Balances N431.835m N287.511m
Other Debit Balances N3.138b N4.238b
Insurance Funds N2.323b N2.244b
Other Credit Balances N1.662b N2.090b
Net Assets N7.481b N8.042b
This TAX is beyond be careful ooo
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #103 (permalink)  
Old 5th July 2011, 10:30 AM
horlads's Avatar
Rank: Senior Member
Points: 6,482, Level: 52
Points: 6,482, Level: 52 Points: 6,482, Level: 52 Points: 6,482, Level: 52
Activity: 15%
Activity: 15% Activity: 15% Activity: 15%
 
Join Date: Jul 2009
Posts: 1,345
Thanks: 76
Thanked 100 Times in 83 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 4
horlads is on a distinguished road
Default Re: wapic insurance
Quote:
Originally Posted by Oracle View Post
INTERCONTINENTAL WAPIC INSURANCE PLC 01 July 2011
Audited Year Ended December 2010
Profit and Loss Information
2010 2009
Gross Premium N3.655b N4.724b
Profit before Tax N269.290m (N576.055m)
Taxation (N856.947m)(N188.513m)
Profit after Tax (N587.657m)(N387.542m)
Balance Sheet Information
Fixed Assets N649.955m N523.241m
Short Term Investment N6.195b N6.110b
Premium Debtors N1.051b N1.216b
Cash and Bank Balances N431.835m N287.511m
Other Debit Balances N3.138b N4.238b
Insurance Funds N2.323b N2.244b
Other Credit Balances N1.662b N2.090b
Net Assets N7.481b N8.042b
Quote:
Originally Posted by wanaj0 View Post
This TAX is beyond be careful ooo
Bros, no be lie...It seems to me like the person in charge of these results in the NSE gets too lazy these days to include a line for exceptional item. He/She just lumps everything together as tax. A cursory look at the results of the SLS banks especially Afribank and Bank PHB shows the same trend...
__________________
when an earthworm begins to crawl like a millipede, it's time to run to the king's palace...naked! - horlads
Last edited by horlads; 5th July 2011 at 10:33 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #104 (permalink)  
Old 5th July 2011, 10:30 PM
wanaj0's Avatar
Rank: Senior Member
Points: 10,530, Level: 68
Points: 10,530, Level: 68 Points: 10,530, Level: 68 Points: 10,530, Level: 68
Activity: 41%
Activity: 41% Activity: 41% Activity: 41%
 
Join Date: Apr 2007
Posts: 2,371
Thanks: 0
Thanked 127 Times in 102 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 10
wanaj0 has a spectacular aura aboutwanaj0 has a spectacular aura aboutwanaj0 has a spectacular aura about
Default Re: wapic insurance
Quote:
Originally Posted by horlads View Post
Bros, no be lie...It seems to me like the person in charge of these results in the NSE gets too lazy these days to include a line for exceptional item. He/She just lumps everything together as tax. A cursory look at the results of the SLS banks especially Afribank and Bank PHB shows the same trend...
Maybe WAPIC is paying tax in ADVANCE. The tax is almost 4 times the profit self
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #105 (permalink)  
Old 15th December 2011, 06:13 AM
Salida's Avatar
Rank: Senior Member
Points: 18,219, Level: 85
Points: 18,219, Level: 85 Points: 18,219, Level: 85 Points: 18,219, Level: 85
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Jul 2010
Posts: 7,750
Thanks: 100
Thanked 71 Times in 57 Posts
Groans: 0
Groaned at 1 Time in 1 Post
Blog Entries: 1
Rep Power: 9
Salida is on a distinguished road
Default Re: wapic insurance
Intercontinental Wapic offshore operations turn in returns
__________________
"True genius resides in the capacity for evaluation of uncertain, harzardous, and conflicting information"- Winston Churchill.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #106 (permalink)  
Old 10th February 2012, 02:44 AM
DaInvestor's Avatar
Rank: Senior Member
Points: 5,921, Level: 49
Points: 5,921, Level: 49 Points: 5,921, Level: 49 Points: 5,921, Level: 49
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Aug 2007
Posts: 233
Thanks: 1
Thanked 6 Times in 5 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 5
DaInvestor is on a distinguished road
Default Re: wapic insurance
What has become of this company.

It was once a subsidiary of intercontinental bank.

Any news on the current ownership structure.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #107 (permalink)  
Old 11th February 2012, 07:48 AM
ausdy's Avatar
Rank: Member
Points: 1,847, Level: 25
Points: 1,847, Level: 25 Points: 1,847, Level: 25 Points: 1,847, Level: 25
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Oct 2009
Posts: 67
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 3
ausdy is on a distinguished road
Default Re: wapic insurance
who know dont know whos is moving this stock?
pls let them help me on universal insurance lol
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #108 (permalink)  
Old 20th April 2012, 04:32 PM
cashrules's Avatar
Rank: Senior Member
Points: 8,113, Level: 60
Points: 8,113, Level: 60 Points: 8,113, Level: 60 Points: 8,113, Level: 60
Activity: 100%
Activity: 100% Activity: 100% Activity: 100%
 
Join Date: Sep 2008
Location: london
Posts: 1,799
Thanks: 79
Thanked 61 Times in 53 Posts
Groans: 0
Groaned at 1 Time in 1 Post
Rep Power: 5
cashrules is on a distinguished road
Default Re: wapic insurance
INTERCONTINENTAL WAPIC INSURANCE PLC
April 20, 2012
Audited Results (Dec. 31, 2011)
Profit and Loss Information
Gross Premium 31-12-11 N4.005b 31-12-10 N3.655b
Reinsurance Cost 11 (N773.495b) 10 (N925.995b)
Commission Received 11 N116.553m 10 N203.886m
Investment & Other Income 11 N995.866m 10 N689.011m
Underwriting & Management Expenses 11 (N2.098b) 10 (N1.943b)
Provision for Receivable & Investment 11 (N998.329m) 10 (N662.429b)
Profit before Tax 11 N522.616m 10 N269.290m
Taxation 11 (N232.090m) 10 (N856.947m)
Profit after Tax 11 N290.526m 10 (N587.657m)

Balance Sheet Information

Fixed Assets 31-12-11 N597.161m 31-12-10 N581.577m
Long term Investments 11 N1.253b 10 N578.141m
Short term Investments 11 N6.079b 10 N6.195b
Premium Debtors 11 N766.385m 10 N1.051b
Cash and Bank Balances 11 N499.821m 10 N431.835m
Other Debit Balances 11 N2.812b 10 N2.628b
Insurance Fund 11 N2.882b 10 N2.638b
Due to Reinsurers and Brokers 11 N158.673m 10 N320.851m
Other Credit Balances 11 N1.121b 10 N1.027b
Net Assets 11 N7.845b 10 N7.481b

Corporate Actions
Proposed Dividend Nil
Proposed Bonus Nil
Qualification Date Nil
Closure Date Nil
AGM Date Nil
Payment Date Nil
AGM Venue Nil
Notes
__________________
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”-William Arthur Ward
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply
Page 6 of 6 « First 45 6

« Lasaco Assurance | Law Union and Rock Insurance »


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 09:05 PM.

Contact Us - StockMarketNigeria.com Investor's Forum - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0
vBulletin Optimisation by vB Optimise (Reduced on this page: MySQL 16.67%).
StockMarketNigeria.comAd Management plugin by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37