cornerstone insurance

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    CORNERSTONE INSURANCE AND ITS STANCE ON RECAPITALIZATION

    CORNERSTONE INSURANCE AND ITS STANCE ON RECAPITALIZATION 1. Position on Recapitalisation - Company Readiness: - Stephen Alangbo, Managing Director of Cornerstone Insurance Plc, stated that the company is prepared for any upcoming recapitalisation measures by the National Insurance Commission...
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    CORNERSTONE INSURANCE PLC ANNOUNCES DELAY IN FILING FINANCIAL STATEMENTS DUE TO IFRS 17 TRANSITION

    Key Points: - Cornerstone Insurance PLC delays filing of 2023 Audited Financial Statements and Q1 2024 Unaudited Financial Statements. - Delay caused by transition to IFRS 17 Accounting Standards. - New filing deadline set for July 31, 2024. Details: Background: On June 21, 2024, Cornerstone...