AIICO Insurance

AIICO Insurance Interest Coverage

The Interest Coverage Ratio of AIICO Insurance (AIICO.NL) as of Oct 19, 2026 is 1.73. In the previous year, Interest Coverage Ratio was 3.70 — a change of -53.38% (lower).

Interest Coverage

1.73

YoY

-53.38%

Last updated:

Interest Coverage Ratio of AIICO Insurance is 2022 1.73 . Interest Coverage Ratio of AIICO Insurance was 2021 3.70 . It decreases by -53.38% lower compared to the previous year.

The AIICO Insurance Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2016
15.20 NGN
Jan 1, 2017
13.21 NGN
Jan 1, 2018
3.08 NGN
Jan 1, 2019
2.67 NGN
Jan 1, 2020
1.88 NGN
Jan 1, 2021
3.70 NGN
Jan 1, 2022
1.73 NGN
The AIICO Insurance Interest Coverage history
YEARInterest CoverageYoY
1.73-53.38%
3.70+96.87%
1.88-29.46%
2.67-13.43%
3.08-76.68%
13.21-13.13%
15.20—

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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

Interest Coverage Ratio of AIICO Insurance is 1.73 in 2022.

Interest Coverage Ratio of AIICO Insurance changed from 3.70 to 1.73, representing a -53.38% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio AIICO Insurance since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's AIICO Insurance with sector peers and the industry average to assess whether it is attractive.

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