MUTUAL BENEFITS ASSURANCE PLC

MBENEFIT | THE NIGERIAN STOCK EXCHANGE

Business Summary

Mutual Benefits Assurance Plc is engaged in general and life insurance underwriting, risk management, financial services, microfinance banking, and real estate. The Company operates through three segments: assurance business, real estate, and microfinance banking. The assurance business segment covers the protection of customers assets (particularly properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. Its real estate segment undertakes real estate development project with the aim of outright sale or lease of the properties to meet the needs of individual and corporate bodies. The Company's microfinance banking segment undertakes provision of retails and microfinance banking services at the community level. It offers general business products, including Property Insurance, Fire and Special Perils, Professional Indemnity, Liability/Bond Insurance, Fidelity Guarantee, and Goods-in-Transit.

Country of Incorporation

Nigeria

Incorporation Date

1995-04-18

Business Sector

Insurance

Company Address

A: Aret Adams House, 233 Ikorodu Road, Ilupeju

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