The Company was incorporated as a private limited Company on July 24,1985. It commenced business a a general reinsurer in January 1987 and became a composite reinsurer in january 1990. it was converted to a public limited liability Company on March 27, 2000. The share of the Company are currently listed on the Nigerian Stock Exchange. The Company reinsures all classes if insurance business, including Life, Fire, Engineering, Bond, General Accident, Marine, Aviation, Motor, Liability and Energy within and outside Nigeria.