Olukayode Pitan, independent non-executive director; Ogechi Adeola, independent non-executive director; Ibrahim Ibisomi, independent non-executive director;, Stephen Alangbo, managing director / CEO; Afolabi Balogun, acting chairman / independent non-executive director; Tosin Kembi, company secretary; Peter Ekwueme, executive director, Technical Operations; and Christabel Onyejekwe, non-executive director, all of Cornerstone Insurance Plc at its 35th Annual General Meeting held in Lagos
Cornerstone Insurance Plc delivered a resilient financial performance in 2025, growing its asset base to N141.03 billion and posting a net profit of N11.76 billion, as the insurer demonstrated the strength of its core underwriting business despite the challenging operating environment.
The company also rewarded shareholders with a dividend of 28 kobo per share, reflecting management’s confidence in its financial position and long-term growth prospects.
Speaking at the company’s 34th Annual General Meeting (AGM) in Lagos, Afolabi Balogun, acting chairman, said Cornerstone remained financially resilient despite prevailing macroeconomic headwinds, closing the
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