Universal Insurance: Why we delay in filling 2016 audited accounts

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Chuks Udo Okonta

Universal Insurance Plc (“Universal Insurance” or “the Company”) wishes to inform its esteemed shareholders, investing public and other stakeholders that it has filed its Audited Financial Statements for the year ended 31 December 2016 with The Nigerian Stock Exchange.

According to Proshare, the company said delay in filing the 2016 Audited accounts was due to inability of the Company to obtain the approval of the National Insurance Commission (NAICOM), its primary regulator on time.

Consequently, Universal Insurance Plc assures its various shareholders of its commitment to timely filing of its financial statements and other disclosures with The Exchange and other Regulatory bodies.

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