African Alliance Insurance Plc engages in the provision of insurance products and services. It operates through the following segments: Life Business and Air Freight. The Life Business segment offers a wide variety of insurance products for both personal and corporate customers such as life policies, and traditional life policies with investment linked and annuity policies. The Air Freight segment covers cargo air transportation through relevant leasing arrangement. The company was founded on May 6, 1960 and is headquartered in Lagos, Nigeria.