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Lasaco Assurance Plc (Nigeria)

Main Activities: Insurance Agencies and Brokerages
Full name: Lasaco Assurance Plc Profile Updated: December 12, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Lasaco Assurance Plc offers a range of insurance products including householder insurance, marine cargo insurance, and builders liability insurance. It provides insurance cover for companies operating in the oil and gas industry and aims to diversify into real estate and hospitality business. Lasaco Assurance Plc claims to utilize leading and innovative technological devices and techniques in its operations. The company aims to be a market leader in insurance and financial services in Nigeria.

Headquarters
Lasaco House Plot 16, Acme Road, Ogba Industrial Estate, Ikeja, P.O. Box 3724
Lagos; Lagos;

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Website: http://www.lasacoassurance.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:
January 13, 1979
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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Subsidiaries
Lasaco Properties Limited
100%
Lasaco Trading And Investment Limited
90%
Lasaco Life Assurance Company Limited
Company Performance
Financial values in the chart are available after Lasaco Assurance 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
158.36%▲
Operating profit (EBIT)
-12.88%▼
Net Profit (Loss) for the Period
N/A
Total Assets
28.08%▲
Investments
26.32%▲
Receivables
428.69%▲
Total Equity
47.16%▲
Net Premiums Earned Trend
150.31%▲
Net Profit Trend
N/A
Return on Equity (ROE)
N/A
Loss Ratio
24.59%▲
Underwriting Expenses Ratio
-27.6%▼

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