Question 1

What Is WAPIC Stock Price Today?

Accepted Answer

Coronation Insurance Plc (WAPIC) is trading at ₦2.5 today on the Nigeria Stock Exchange (NGX).

Question 2

What Does Coronation Insurance Plc Do?

Accepted Answer

Coronation Insurance Plc, with roots tracing back to its incorporation on March 14, 1958, as West African Provincial Insurance Company Limited, stands as a long-established entity in the Nigerian financial services landscape. The company transitioned into a public limited liability company on August 31, 1990, at which point its shares were listed on the Nigerian Stock Exchange. Demonstrating its evolving capabilities, it secured a life insurance license from the National Insurance Commission (NAICOM) in 2000, enabling it to offer a comprehensive range of insurance solutions. To align with regulatory requirements, the company further established Coronation Life Assurance Limited as a wholly-owned subsidiary on March 1, 2007, dedicated to its life insurance operations. Formerly known as Wapic Insurance Plc, the company officially adopted its current name, Coronation Insurance Plc, on August 12, 2020, to better reflect its modern brand identity and strategic direction.

Question 3

When Was WAPIC Listed on the NGX?

Accepted Answer

Coronation Insurance Plc was listed on the Nigerian Exchange (NGX) on Aug 31, 1990.

Question 4

How Do I Buy WAPIC Stock in Nigeria?

Accepted Answer

WAPIC trades on the Nigerian Exchange (NGX). You can purchase shares through a licensed Nigerian stockbroker or a regulated platform that supports NGX-listed securities.

Question 5

What Sector Does WAPIC Belong To?

Accepted Answer

Coronation Insurance Plc is listed under the FINANCIAL SERVICES sector, specifically in the Insurance Carriers, Brokers and Services sub-sector.

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