African Alliance Insurance Plc is one of the leading players in the Nigerian Insurance Industry. Established in May 6th 1960, in partnership with Munich Re-Insurance Company of Germany (the largest Re-Insurance company in the world), the Company was the 1st indigenous company to carry out the business of Life Assurance. It has subsidiaries both in Nigeria and overseas. The company is the 1st to introduce Personal Pension Plan and Islamic Life Insurance (Takaful) into the Nigerian market. Today, African Alliance is providing pension for thousands of employees throughout the country.
African Alliance Insurance Plc was incorporated as a Private Limited Liability Company on May 6th 1960 and was the first Indigenous Insurance to carry out the business of Life Assurance in Nigeria. The Company was originally set up in partnership with Munich Reinsurance Company of Germany, the largest Reinsurance Company in the world.