Consolidated Hallmark Insurance
Banking / Financial ServicesFollowing a merger in 2007, Consolidated Hallmark Insurance emerged as one of the top ten General Business and Special Risk Insurance underwriters in Nigeria. In the last twelve years, the company has played a leadership role in the underwriting of key transactions in Aviation, Oil & Gas, Marine Cargo and Hull Business as well as in Motor insurance business. We have built a reputation on Professionalism, Integrity and Excellent Service Delivery. Leveraging on the capabilities and unique skills of the entire group, we provide premium risk management solutions to our clients. Our commitment to serving you better has seen us make key investments in our People, Technology and Processes. We are the second insurance company in Nigeria to obtain the prestigious ISO 9001:2015 (Quality Management Systems Certification).
In 2022 Financial Year, we generated a Gross Premium Written of ?12.82 billion. The Net Underwriting Income grew from ?6.57 billion in 2021 to ?7.57 billion. We have also continued to keep our commitments to policyholders through prompt claims settlement as net claims paid increased to ?2.59 billion from ?2.28 billion. The company recorded a profit before tax of ?1.40 billion in 2022 while profit for the year {after income tax expense} is ?995.9 million.