The company was incorporated on 1 March 1961 as a private company limited by shares and commenced business on 13 March1961. The company's shares were admitted through listing by introduction on the Nigerian Stock Exchange on the 11 February, 2007. The company is engaged in Non-life Insurance businesses which includes motor, fire, general accident, workmen compensation, burglary, Marinr cargo, marine hull, Aviation, etc. All the company's activities are carried out at its head office and branches nationwide