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Prestige Assurance Plc (Nigeria)

Main Activities: Insurance Carriers
Full name: Prestige Assurance Plc Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

prestigeassuranceplc is a general insurance company in Nigeria with offices nationwide. The company offers insurance products such as industrial insurance, health insurance, travel insurance, and device insurance. They aim to provide solutions to risk management issues and use modern information technology to deliver their products and services. The company aims to create long-term value for their clients and stakeholders. They also provide free technical assistance and farm advisory services through their Agricultural Insurance Help Desk.

Headquarters
19, Ligali Ayorinde Street, Victoria Island, P.O.Box 650 Marina
Lagos; Lagos;

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Website: http://www.prestigeassuranceplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1970
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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78.32%
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6.1%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
216.56%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
397.89%
Total assets
42.85%
Investments
63.34%
Receivables
39.54%
Total equity
36.06%
Net Premiums Earned Trend
214.8%
Net Profit Trend
N/A
Return on Equity (ROE)
10.81%
Loss Ratio
23.43%
Underwriting Expenses Ratio
-22%

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