Why Mutual Benefits 2016 result will be delayed

Standard Alliance Insurance

Mutual Benefits Assurance plc says its financial report for the period ended 31st December, 2016 will be delayed due to delay in approval by NAICOM.

See below the official statement:

”This is to inform our valued shareholders, investing public and key stakeholders that we will be unable to meet the deadline for filing of our 2016 Audited Financial Statements in line with the Listing Rules of the Exchange”.

“The Board met on 20th March to approve the Audited Financial Statements which has since been submitted to our regulator NAICOM (National. Insurance Commission) for regulatory approval. We estimate that the regulatory approval will not be granted before 31st March 2017. The results will be published as soon as we obtain the approval”.