CLAIMS ABOVE N500,000 PAID BETWEEN JULY - DECEMBER 2005

In our tradition as a foremost claims paying risk manager, Cornerstone Insurance Plc has again posted an impressive claims portfolio. In 2005, the company paid over N379,000,000 Million as various claims to its esteemed clients. Highlighted below are claims above N500,000 in the year.

S/N INSURED AMOUNT (N)
1 ACCESS BANK PLC 791,762.38
2 PHARMCIST COUNCIL OF NIGERIA 1,417,500.00
3 FIRST BANK OF NIGERIA PLC 1,047,600.00
4 HAFFAR INDUSTRIAL CO. LTD 1,829,351.00
5 MR. CHRIS BIDOKWU 780,000.00
6 NBM BANK LIMITED 529,063.78
7 MRS. V.M. GEMADE 747,722.10
8 FLOUR MILLS OF NIGERIA PLC 710,014.04
9 GLAXOSMITHKLINE PHARMACEUTICAL NIG. LTD 1,024,650.00
10 AJAOKUTA STEEL COMPANY LTD 785,000.00
11 INTELS NIGERIA LIMITED 3,870,360.42
12 MARCUS O. OSINDERO 523,450.00
13 CONSOLIDATED BUSINESS SUPPORT SERVICES 742,500.00
14 MR. ADEBISI OTUKOYA 1,290,000.00
15 AIR SEA FRIEGHTES LIMITED 515,895.16
16 OBAJANA CEMENT PLC 750,000.00
17 YEMI OYEBOLA 531,500.00
18 MR. DARE KODAOLU 501,412.92
19 KANO AGRICULTURAL SUPPLY COMPANY 600,000.00
20 FRIGOGLASS INDUSTRIESS LTD 557,252.81
21 GENERAL TELECOM PLC 549,900.00
22 MISS ADEBISI AWONIYI 1,350,000.00
23 INTELS NIGERIA LIMITED 642,200.00
24 DAAR COMMUNICATIONS LTD 4,797,584.32
25 INTER. INSTITUTE FOR TROPICAL AGRICULTURE 833,030.00
26 INTELS NIGERIA LIMITED 1,422,531.38
27 INTELS NIGERIA LIMITED 1,364,658.92
28 SETRACO NIGERIA LIMITED 639,618.16
29 CITIZENS INTERNATIONAL BANK 763,380.00
30 FRIGOGLASS INDUSTRIESS LTD 4,401,066.73
31 PHARMCIST COUNCIL OF NIGERIA 1,050,293.50
32 BOLINGTON MOTOR WORKS 1,025,450.00
33 WEST AFRICAN MILK CO. NIG. LTD 5,729,788.93
34 AIR INDIA LIMITED 2,268,000.00
35 WEST AFRICAN PORTLAND CEMENT 1,803,602.85
36 MALLAM SALISU MAIKAROFI 500,000.00
37 TOTAL NIGERIA PLC 680,243.92
38 SAHARA ENERGY RESOURCES 3,420,000.00
39 LIZGAAG INVESTMENT LIMITED 700,000.00
40 DATAFLEX NIGERIA LIMITED 558,508.18
41 MR. FRANCIS UDOBOR 1,990,000.00
42 JOHN HOLT PLC 2,302,557.92
43 STANBIC BANK NIGERIA LTD 590,622.68
44 STANBIC BANK NIGERIA LTD 740,000.00
45 TITILAYO THEOPHILUS 729,960.00
46 INTELS NIGERIA LIMITED 668,668.00
47 SOVEREIGN TRUST INSURANCE PLC 600,000.00
48 ASPHALT & CONSTRUCTION CO. LTD 1,963,469.00
49 ANIMAL CARE SERVICES KONSULT [NIG.] LTD 567,151.06
50 JUMOKE GBAJABIAMILA 1,001,772.07
51 OBAJANA CEMENT PLC 1,758,748.34
52 SARO AGRO CHEMICAL LIMITED 2,527,814.74
53 NATIONAL ACTION COMMITTEE ON AIDS 1,377,000.00
54 MR. J.A. OGUNTONA 1,620,000.00
55 SYSTEMSPECS LIMITED 1,761,750.00
56 MR. & MRS. ABIODUN FOLUSO 600,000.00
57 MR. GORDONS EGBEDI 667,297.55
58 TOWERS ALUMINIUM PLC 948,175.32
59 MDS DIVISION OF UACN PLC 724,682.26
60 AS NIGERIA BARGE LIMITED 7,888,654.50
61 LANLATE COMMUNITY BANK LTD 610,067.54
62 PEUGEOT AUTOMOBILE NIG. LTD 1,116,867.04
63 CITCC NIGERIA LIMITED 503,000.00
64 LEADWAY ASSURANCE CO.LTD 1,116,867.04
65 FIRST VENDING NIGERIA LIMITED 548,854.43
66 NIGERIAN WESTMINISTER DREDGING 1,668,468.75
67 DHL INTERNATIONAL LTD 1,466,587.50
68 L.M ERICCSSON NIGERIA LTD 962,590.80
69 ELF PETROLEUM NIGERIA LTD 855,280.80
70 AFRICAN TEXTILES MFG. LIMITED 1,373,408.10
71 NBM BANK LIMITED 4,480,952.94
72 GLAXOSMITHKLINE PHARMACEUTICAL NIG. LTD 763,869.40
73 WEST AFRICAN RUBBER PRODUCT LTD 2,638,408.75
74 MR. FATEH APEH FATEH 2,177,000.00
75 INTERSWITCH LIMITED 1,858,950.00
76 MR. MUYIWA OLUMEKUN 1,350,000.00
77 BARRISTER KOLA OLAWOYE 1,215,000.00
78 SAHARA TRADE WEST AFRICA LTD 1,267,000.00
79 TOTAL NIGERIA PLC 1,523,610.00
80 BETA GLASS PLC 6,776,803.18
81 TOLA M. OLAEGBE 1,282,500.00
82 GLAXOSMITHKLINE PHARMACEUTICAL NIG. LTD 539,000.00

 

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