Financials

Our business portfolio currently includes leadership and a significant share of key Federal and State Governments Insurance businesses, multinational and private companies underwriting businesses in major sectors of the economy.

Financial Overview

With the vast opportunities presented by increased capitalization for business expansion and growth, LASACO became a Public Liability Company in 1991 when its Shares were admitted for the first time to the Nigerian Stock Exchange (NSE) through listing by Introduction.

Now in its third decade, LASACO has grown considerably in size, business coverage, profits, capital base and assets with its operations spanning all classes of the Insurance and Special Risks business, high impact financial services and Real Estate. The Company’s businesses are conducted through a network of thirteen regional and branch offices spread across Nigeria, administered by well qualified, experienced and dedicated personnel.

Following our successful recapitalization in 2007, the Company’s total assets increased to N9, 897,073,000 with a combined authorized Group Share Capital in excess of N 6.5 billion and a paid-up share capital of N3.6 billion.

CONTACT US

LASACO House,

Plot 16 Acme Road Ogba,

P.O. Box 3724

Ikeja, Lagos, Nigeria.

 

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National Insurance Commission (RIC 023)

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