Insurance Stocks Quarterly Results

[Survival2006]

Does anyone have a run-down of Insurance stocks quarterly results to date? Pls supply.

[Apache]

Originally Posted by Survival2006

Does anyone have a run-down of Insurance stocks quarterly results to date? Pls supply.

I think i have a record of most quaterly results released this year. I just have to filter it to separate those of Insurance companies. I will post between today and tomorrow (just have to make out time from work)
on the other hand, i have almost made up my mind to buy some substantial quantities of Crusader Insurance, Niger insurance, Aiico and Wapic. Could someone help me with their most recent number of issued shares and any information that should encourage or discourage me from buying any of the above stocks.

thanks

[Survival2006]

I have attached the quarterly results of insurance stocks. The whole intention is to stir up constructive analysis of these results. Here in this report, we will see Turnover Vs PAT, and then we will know which insurance firm is really performing in terms of profitability.

The results here will amaze some of us. The report, though is not exhaustive, it selects only insurance firms of my choice.

My logo for 2008 is PENNY STOCKS HERE I COME!

Please those who can fill in the missing quarterly results should kindly help. Sorting this information was not easy.

The generous analysts and astute commentators here are welcome to discuss these results. Can we make informed projections based on the data? That will help most of us who are interested in Penny stocks especially as found in the Insurance Sector.

Over to you!

[Survival2006]

Attached

[Survival2006]

I have tried endlessly to attach it. Hope I am doing the right thing.

[excel123]

Thanks for the atachment.

[excel123]

Thanks for the attachment

[yodiyokun]

Law Union 6 Months

Turnover 1.1Bn

PAT 274.30m

Source - FSDH Weekly report

N.E.M had 792.8 Million additional shares listed during the week as well? Did you add this to your 5.4 Figure?

[RethinK2.0]

gud job survival 2006.

one note of correction tho...........cornerstone's half year pat is 276 not 176..that 100m makes a lot of diff

[Ahaah]

The following link could be of help.

:::::::::::MERISTEM |Business News:::::::::::::

The trailing EPS of N0.49 currently reported by Express Discount House, FSDH and others for LASACO may not be correct then.

[Ahaah]

Law Union And Rock Insurance

2ND QUARTER ACCOUNT ENDED 30TH JUNE, 2007.
2007 2006
T/O N1.1b N812.3m
PBT N322.7m N109.7m
TAX (N48.4m) ( N32.9m)
PAT N274.3m N76.8m

[crtide]

Good job, but you quoted the PBT of IEI as the PAT for 2007 half year result... just my observation

[Apache]

Can someone help me with the number of issued shares for Continental reinsurance

[hispy99]

Originally Posted by Apache

Can someone help me with the number of issued shares for Continental reinsurance

I have 10.37 billion shares. However we need to be careful about these insurance stocks. Due to the mergers that took place in the industry last year, the shares outstanding of some, if not most, that particpated in the merger process may be wrong. For instance, I just read from another forum (nairaland) that an additional 0.637billion shares of AIICO was listed on Friday (last week)due to the meger of AIICO, NFI and LAmda.

[Apache]

Thanks Hispy99