Equity Life Insurance

[Oracle]

Originally Posted by horlads

Oga hispy....abeg pity our prophet na! at times the crystal ball could be dull...the guy no get swag pass anyone of us jare. he seems to forget his wrong predictions and sing aloud the right ones thereby working on forumites psychology...he's just a gunslinger as far as i am concerned...Equity life ko...Equity death ni...

U dey vex oo. He is only forecasting and forecasting no be sin nah.
Anybody can forecast but it is left for us to sieve what we hear. U know say forecast na 50-50 thing. It may happen and it may not happen.

If forecast dey work perfectly, then clairvoyants,future tellers and ''babalawo'' for dey win lottery or ''baba Ijebu'' steadily.
Abi.

[muranay@yahoo.com]

Equity Assurance Plc declares N895.84 million loss in 2009 Audited result.

Equity Assurance Plc declares N895.84 million loss in 2009 Audited result. - Proshare

[Oracle]

29-10-2010 EQUITY ASSURANCE PLC Audited Year Ended (Dec) 2009
Profit and Loss Information
2009 2008
Turnover N20.408b N2.128b
Profit Before Tax And
Extraordinary Items N363.997m N400.160m
Exceptional Items (N1.207b) (N346.665m)
Taxation (N52.318m) (N49.308m)
Profit After Taxation (N895.835m) (N4.186m)
Fixed Assets N978.213m N1.024b
Stock N2.223b N1.063b
Trade Debtors N905.735m N1.208b
Cash And Bank Balances N48.352m N281.649m
Other Debit Balances N4.308b N4.466b
Insurance Funds N907.993m N769.921m
Other Credit Balances N2.026b N2.422b
Net Assets N5.529b N4.990b

[James cuck]

Great insight man, much appreciated.
horsebox insurance

[123.rado]

EQUITY ASSURANCE PLC
18 January 2011
Unaudited Q3 (September) 2010

Profit and Loss Information
Turnover 10 N1.952b 09 N2.024b
Profit Before Tax 10 N212.584m 09 N269.097m
Taxation 10 (N25.510m) 09 (N32.291m)
Profit After Taxation 10 N187.074m 09 N236.806m

Balance Sheet Information
Fixed Assets 30-09-10 N936.761m 31-12-09 N978.213m
Stock 10 N2.087b 09 N2.223b
Trade Debtors 10 N1.055b 09 N905.735m
Cash And Bank Balances 10 N260.343m 09 N48.352m
Other Debit Balances 10 N4.370b 09 N4.308b
Insurance Funds 10 N1.045b 09 N907.993m
Other Credit Balances 10 N1.947b 09 N2.026b
Net Assets 10 N5.716b 09 N5.529b

[MalamImam]

This insurance company has bounced back ooooooo!

Equity Assurance Plc forecasts N2bn Turnover for Q1 2011 - Proshare

What my eyes are seeing is too much to behold!

[hispy99]

Originally Posted by MalamImam

This insurance company has bounced back ooooooo!

Equity Assurance Plc forecasts N2bn Turnover for Q1 2011 - Proshare

What my eyes are seeing is too much to behold!

hmmm...this is a forecast, and we kn ow what became of forecasts in the past. Let them release their audited financials for 2010 first, then we'll know where they are bouncing to

[knightofdelta]

Originally Posted by hispy99

hmmm...this is a forecast, and we kn ow what became of forecasts in the past. Let them release their audited financials for 2010 first, then we'll know where they are bouncing to

Or you mean where they are bouncing from?

[arosmith]

A life insurance policy will help safeguard your family’s future and offer them some degree of financial security in the event of your death. To put it simply, life insurance will pay out to your family either a single sum or a series of smaller sums if you were to die.

[baotoghile]

Originally Posted by arosmith

A life insurance policy will help safeguard your family’s future and offer them some degree of financial security in the event of your death. To put it simply, life insurance will pay out to your family either a single sum or a series of smaller sums if you were to die.

Pls somebody in the house should help draw a line btw Insurance businesses & political party politics in Nigeria! Any difference or similarity?

[knightofdelta]

Originally Posted by baotoghile

Pls somebody in the house should help draw a line btw Insurance businesses & political party politics in Nigeria! Any difference or similarity?

Take out GT Assure and there is no difference...

[goldsun]

Originally Posted by knightofdelta

Take out GT Assure and there is no difference...

pls what similarity are you trying to bring out between insurance and party politics

[knightofdelta]

Originally Posted by goldsun

pls what similarity are you trying to bring out between insurance and party politics

They can promise heaven and earth but when the time comes to deliver, you start hearing stories...

[baotoghile]

Originally Posted by knightofdelta

They can promise heaven and earth but when the time comes to deliver, you start hearing stories...

My oga, experience na d best teacher! How u sabi d question sef?

[cashrules]

EQUITY ASSURANCE PLC
November 17, 2011
Unaudited Q3 (Sept. 2011)
Profit and Loss Information
Gross Premium 30/09/2011 N1.574b 30/09/2010 N1.952b
Outward Reinsurance 11 (N248.843m) 10 (N247.875m)
Investment & Other Income 11 N84.386m 10 N114.221m
Commission, Underwriting, Claims, & Operating Expenses 11 (N1.289) 10 (N1.442b)
Diminution 11 Nil 10 N3.508m
Profit before Tax 11 (N140.987m) 10 N212.584m
Taxation 11 (N59.837m) 10 (N25.510m)
Profit After Tax 11 (N200.825m) 10 N187.074m

Balance Sheet Information
Fixed Assets 30/09/2011 N997.940m 31/12/2010 N936.761m
Long term Investments 11 N2.727b 10 N2.240b
Short term Investments 11 N831.586m 10 N2.087b
Trade Debtors 11 N1.090b 10 N105.138m
Cash and Bank Balances 11 N207.773m 10 N260.343m
Other Debit Balances 11 N2.109b 10 N2.130b
Trade Credits 11 N4.723m 10 N55.441m
Short term Borrowings 11 N75.547m 10 N11.884m
Insurance Funds 11 N1.119b 10 N1.045b
Other Debit Balances 11 N1.799b 10 N1.880b
Net Assets 11 N4.862b 10 N5.716b

[Picolena66]

EQUITYASUR forecasts N287.3m PAT

[hispy99]

Equity Assurance pays out N556 million on claims

[Born 2be rich]

http://www.nse.com.ng/Financial%20Ne...BER%202011.pdf

[jamace]

Abeg, move out of the garage. Your mates are already cruising.