Nigerian Insurance High Return On Equity, Low Debt

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Stocks with a return on equity of over 30% and a debt to equity ratio below 1.

3 companies

Custodian Investment

Market Cap: ₦179.4b

Through its subsidiaries, provides insurance products and services in Nigeria.

CUSTODIAN

₦30.50

1.7%

172.3%

AXA Mansard Insurance

Market Cap: ₦111.3b

AXA Mansard Insurance Plc, together with its subsidiaries, underwrites risk and non-life insurance contracts in Nigeria.

MANSARD

₦13.00

4.0%

162.1%

NEM Insurance

Market Cap: ₦109.4b

Provides general insurance products and services to corporate and individual customers in Nigeria and Europe.

NEM

₦22.90

14.5%

189.9%