BREAKING: AIICO Insurance Denies Court Arraignment

AIICO Insurance Declares N7.55bn Profit For 2022

AIICO Insurance Plc has refuted recent reports trending in the online media saying that a Lagos lawyer dragged its management to court over a breach of contract.

The company faulted the report, describing it as being sensational and misleading.

“It is important to clarify that the headline implies that AIICO Insurance breached the contract with its client, whereas the reality is that the client failed to fulfill his contractual obligations to the letter which failure actually undermines the purport of this Insurance Contract,” the company wrote.

AIICO Insurance further said that as a responsible corporate entity, it choose not to engage in any commentary regarding the ongoing legal case, allowing the legal proceedings to follow its due course.

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