The Company went public on July 18, 1989 and was duly listed on the Nigerian Stock Exchange on December 3, 1990. The Company elected to split its operations into Life and General Businesses during the 2007 recapitalization exercise. Upon this decision Royal Exchange General Insurance Company Limited (REGIC) was adopted as the name to underwrite general business. Royal Exchange General Insurance Company has one of the largest branch networks in its sector with 16 branches nationwide and 4 Business Directorates. The Company enjoys long dated relationship with local and international reinsurers. The Company is one of the few Insurance Companies in Nigeria that has secured an Oil and Gas treaty to enable it position itself for active participation in the emerging domestication of Oil and Gas risks underwriting due to the Local Content Policy of the Federal Government of Nigeria. Royal Exchange General Insurance Company has an Authorized Share Capital of N5.367B made up of 5.367B ordinary shares of N1 each and an Issued and Paid–up capital of N5.367B. As at December 31, 2018, the Shareholders’ Funds stands at N8.85B with Total Assets of N23.31B.