AIICO Insurance

AIICO Insurance Altman Z-Score

The Altman Z-Score of AIICO Insurance (AIICO.NL) as of Oct 18, 2026 is 0.72. In the previous year, Altman Z-Score was 0.78 — a change of -7.39% (lower).

Altman Z-Score

0.72

YoY

-7.39%

Last updated:

Altman Z-Score of AIICO Insurance is 2024 0.72 . Altman Z-Score of AIICO Insurance was 2023 0.78 . It decreases by -7.39% lower compared to the previous year.

The AIICO Insurance Altman Z-Score history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Altman Z-Score
Date
Altman Z-Score
Jan 1, 2017
1.74 NGN
Jan 1, 2018
1.52 NGN
Jan 1, 2019
1.38 NGN
Jan 1, 2020
1.05 NGN
Jan 1, 2021
0.77 NGN
Jan 1, 2022
0.68 NGN
Jan 1, 2023
0.78 NGN
Jan 1, 2024
0.72 NGN
The AIICO Insurance Altman Z-Score history
YEARAltman Z-ScoreYoY
0.72-7.39%
0.78+14.80%
0.68-11.52%
0.77-27.11%
1.05-23.77%
1.38-9.00%
1.52-12.80%
1.74-30.06%
2.49—

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AIICO Insurance Stock analysis

What does AIICO Insurance do? AIICO Insurance PLC is a Nigerian insurance company listed on the Nigerian Stock Exchange under the ticker AIICO.NL. The company, headquartered in Victoria Island, Lagos, was founded through an IPO on August 29, 1995. It employs 458 full-time staff and operates within the financial services sector, specifically in the insurance industry. AIICO provides a range of insurance services, including life insurance, non-life insurance, deposit administration, and financial services to both individuals and organizations. Its life insurance segment offers various products such as savings plans, protection products, and long-term contracts, including whole life, term assurance, guaranteed pensions, pure endowment pensions, and mortgage endowment solutions. The non-life insurance segment covers general insurance for individuals and businesses, with products including auto, household, commercial, and business interruption insurance. The company also offers health insurance through a health maintenance organization that provides prepaid health plans for individuals and corporate clients. Additionally, AIICO's Wealth Management segment delivers portfolio management services, structured investments, and mutual funds for both corporate and individual clients. The company's website is www.aiicoplc.com, and it serves as a provider of comprehensive insurance and financial solutions in Nigeria. AIICO Insurance is one of the most popular companies on Eulerpool.

Frequently Asked Questions about AIICO Insurance stock

Altman Z-Score of AIICO Insurance is 0.72 in 2024.

On Eulerpool you can find the complete historical development of Altman Z-Score AIICO Insurance since 2006 – with annual values, charts, and detailed analysis.

The Altman Z-Score predicts bankruptcy probability using five financial ratios. Scores above 3.0 indicate safety, below 1.8 suggests distress risk.

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