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The Universal Insurance Plc. (Nigeria)

Main Activities: Insurance Carriers
Full name: The Universal Insurance Plc. Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Universal Insurance Plc. is a company in Nigeria, with a head office in Lagos. The enterprise operates in the Insurance Carriers industry. It was first established on 1961. The total number of employees is currently 101 - 500 (2024). From the latest financial highlights, The Universal Insurance Plc. reported a net sales revenue increase of 105.26% in Q2C2024. Its’ total assets recorded a growth of 21.96%.

Headquarters
8, Gbagada Expressway, Anthony
Lagos; Lagos;

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Website: http://www.universalinsuranceplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1961
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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Chief Executive Officer
Ownership Details
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9.3%
Subsidiaries
Universal Hotels Limited.
Company Performance
Financial values in the chart are available after The Universal Insurance Plc. report is purchased.
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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
105.26%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
-37.18%
Total assets
21.96%
Investments
63.15%
Total equity
18.97%
Net Premiums Earned Trend
74.55%
Net Profit Trend
N/A
Return on Equity (ROE)
-4.19%
Loss Ratio
N/A
Underwriting Expenses Ratio
7.9%

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