Underwriting firm pledges better investment return to shareholders

The Chairman, Mutual Benefits Assurance Plc, Dr. Akin Ogunbiyi, has said the firm will ensure it gives more value to its stakeholders in the 2018 financial period.

He disclosed this during the 22nd yearly thanksgiving service of the company held in Lagos.

“The kind of creativity and innovativeness that we have put into our business operation over the years had been contributing to our development; and we will continue in 2018. We expect a better performance than 2017 that will enable us to give better returns to our stakeholders and shareholders,” he said.


The chairman said the company, which had been in existence for the past 22 years, had surmounted challenges and scaled many recapitalisation hurdles.

While observing that many companies in the past were no more, he said Mutual Benefits has many reasons to be thankful to God.

He said the insurance operators are hopeful that Nigeria’s 2018 budget would be passed soon, because it will provide capital projects that can generate insurable assets.

The Managing Director, Mutual Benefits, Segun Omosehin, said the annual thanksgiving provides an opportunity for company stakeholders to come together and count their many achievements as well as to appreciate God’s goodness.

“Despite the challenges in the country in the 2017 operating year, we were still able to grow our operations, and we are hoping for a better new year that will favour our stakeholders,” he said.

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