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  #1 (permalink)  
Old 4th June 2008, 12:29 AM
tgs tgs is offline
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Smile Royal Exch Insurance
Thus anybody have any info about this company, the stock has not been moving up for some time now any news?
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  #2 (permalink)  
Old 12th June 2008, 07:49 AM
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Quote:
Originally Posted by tgs View Post
Thus anybody have any info about this company, the stock has not been moving up for some time now any news?
REAN set to raise additional fund in capital market

Guardian Newspapers
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  #3 (permalink)  
Old 12th June 2008, 04:37 PM
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REAN set to raise additional fund in capital market

Guardian Newspapers
thanks for the info.
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  #4 (permalink)  
Old 27th June 2008, 03:27 PM
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ROYAL EXCHANGE ASSURANCE PLC
UNAUDITED FIRST QUARTER RESULT FOR THE
PERIOD ENDED MARCH 31, 2008
2008 2007
GROSS PREMIUM N899.419m N680.149m
NET PREMIUM N723.447m N558.974m
PROFIT BEFORE TAXATION N66.658m N67.940m
TAXATION (N19.9m) (N20.382m)
PROFIT AFTER TAXATION N46.661m N47.5m
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Old 28th June 2008, 01:20 AM
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ROYAL EXCHANGE ASSURANCE PLC
UNAUDITED FIRST QUARTER RESULT FOR THE
PERIOD ENDED MARCH 31, 2008
2008 2007
GROSS PREMIUM N899.419m N680.149m
NET PREMIUM N723.447m N558.974m
PROFIT BEFORE TAXATION N66.658m N67.940m
TAXATION (N19.9m) (N20.382m)
PROFIT AFTER TAXATION N46.661m N47.5m
Not good at all
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Old 11th July 2008, 07:48 AM
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Meristem securities quoted the shares outstanding for ROYALEX at 1.6018B as at Dec 2007; but I've seen 2.8186 elsewhere. Either way, the result isn't anything impressive.
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Old 18th July 2008, 06:38 PM
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At 3.38 Naira, price of Royal Exchange Assurance Plc was today placed on technical suspension by the Nigerian Stock Exchange (NSE). This was due to the receipt of an application for supplementary issue of 1 billion shares.
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  #8 (permalink)  
Old 19th July 2008, 02:11 AM
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At 3.38 Naira, price of Royal Exchange Assurance Plc was today placed on technical suspension by the Nigerian Stock Exchange (NSE). This was due to the receipt of an application for supplementary issue of 1 billion shares.
which supplementary issue is this o?
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Old 23rd July 2008, 05:26 PM
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which supplementary issue is this o?
thus any one, hv any idea of direction this stock might be heading to, i hv quite thousand of it and am worried if its going to go down more after the PO
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  #10 (permalink)  
Old 25th July 2008, 02:17 AM
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Royalex: Half Year June 30 2008

Royal Exchange Plc. Half-year Ended 30/06/08. Tunrover 08 N2.0b 07 N1.65b

Pbt 08 N116.71m 07 N88.51m

Taxation 08 (n35.0m) 07 (n26.55m)

Pat 08 N81.69m 07 N61.95m.
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Old 2nd August 2008, 03:14 PM
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Default audited result
ROYAL EXCHANGE ASSURANCE (NIG) PLC: Audited result for the year ended 31st December 2007 shows Gross Premium of N2.7 billion as against N2.14 billion in 2006. Profit after tax stood at N543.64 million compared with profit after tax and exceptional items of N178.71 million in 2006. The Directors are recommending a bonus of 1 for 10. The date of closure of register of members was June 30, 2008.
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Old 12th August 2008, 02:23 AM
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Latest Market Info
ROYALEX: CHANGE IN BUSINESS STRUCTURE

ROYAL EXCHANGE ASSURANCE PLC: FOLLOWING A CHANGE IN BUSINESS STRUCTURE, THIS COMPANY IS NOW LISTED IN THE "OTHER FINANCIAL INSTITUTIONS" SECTOR AND IS NOW KNOWN AS "ROYAL EXCHANGE PLC"
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  #13 (permalink)  
Old 12th August 2008, 02:24 AM
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Default Re: Royal Exch Insurance
Quote:
Originally Posted by hispy99 View Post
Latest Market Info
ROYALEX: CHANGE IN BUSINESS STRUCTURE

ROYAL EXCHANGE ASSURANCE PLC: FOLLOWING A CHANGE IN BUSINESS STRUCTURE, THIS COMPANY IS NOW LISTED IN THE "OTHER FINANCIAL INSTITUTIONS" SECTOR AND IS NOW KNOWN AS "ROYAL EXCHANGE PLC"

At this rate, there will be no "pure" insurance companies in future..who is next?

i'm moving this thread to its new location
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Old 12th August 2008, 08:18 AM
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Default Re: Royal Exch Insurance
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Originally Posted by hispy99 View Post
At this rate, there will be no "pure" insurance companies in future..who is next?
i'm moving this thread to its new location
Because insurance companies are fast discovering other avenues in the financial world compare to the banks who are still competing for no one position. Very soon and just like in many western countries, the insurance industry in Nigeria will be stronger than the banking industry.
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Old 12th August 2008, 12:33 PM
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Default Re: Royal Exch Insurance
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Because insurance companies are fast discovering other avenues in the financial world compare to the banks who are still competing for no one position. Very soon and just like in many western countries, the insurance industry in Nigeria will be stronger than the banking industry.
I don't see that happening anytime soon. The dynamics of insurance is different in developed markets than Nigeria. However, where did you come up with the fact that insurance companies were bigger than banks? At least this is not the case in the U.S. to the best of my knowledge, AIG is the biggest insurer and it is not bigger than Citigroup or BofA
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Old 13th November 2008, 12:40 PM
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Default Re: Royal Exch Insurance
ROYAL EXCHANGE PLC
PERIOD FOURTH QUARTER ENDED 30TH SEPTEMBER 2008
2008
GROSS PREMIUM N1.096b
PROFIT BEFORE TAXATION N144.995m
FORECAST TAXATION (N55.944m)
PROFIT AFTER TAXATION N89.051m
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Old 13th November 2008, 07:43 PM
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Quote:
Originally Posted by billions View Post
ROYAL E