African Alliance Insurance Plc provides risk underwriting for life, related financial and pension services, aviation, and hospitality for corporate and individual customers in Nigeria. It operates through Life Business and Air Freight Business segments. The company provides cargo air transportation through leasing arrangement; annuity, children education, and mortgage protection plan insurance; takaful; savings schemes and investment products. It owns and manages airline; and operates restaurant and provides catering services. The company was incorporated in 1960 and is headquartered in Lagos, Nigeria. African Alliance Insurance Plc is a subsidiary of Conau Limited.