Narrative Update • May 06

Over the last 7 days, the Property and Casualty Insurance industry has dropped 6.2%, driven by a pullback from Custodian Investment of 10.0%. On the other hand International Energy Insurance is actually up 37%. Over the past 12 months, the industry was up 94%.
Has the Nigerian Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Jun 2026 | ₦910.7b | ₦739.4b | ₦108.0b | 19.5x | 8.4x | 1.2x |
| Mon, 25 May 2026 | ₦1.0t | ₦740.0b | ₦108.0b | 17.4x | 9.3x | 1.4x |
| Wed, 22 Apr 2026 | ₦951.1b | ₦707.8b | ₦109.6b | 8.7x | 8.7x | 1.3x |
| Fri, 20 Mar 2026 | ₦1.0t | ₦775.4b | ₦116.1b | 13.8x | 8.6x | 1.3x |
| Sun, 15 Feb 2026 | ₦869.9b | ₦775.4b | ₦116.1b | 14.2x | 7.5x | 1.1x |
| Tue, 13 Jan 2026 | ₦796.3b | ₦682.5b | ₦113.6b | 8.2x | 7x | 1.2x |
| Thu, 11 Dec 2025 | ₦682.8b | ₦682.5b | ₦113.6b | 7.2x | 6x | 1x |
| Sat, 08 Nov 2025 | ₦701.3b | ₦655.6b | ₦119.8b | 7.6x | 5.9x | 1.1x |
| Mon, 06 Oct 2025 | ₦749.0b | ₦659.4b | ₦122.6b | 13.4x | 6.1x | 1.1x |
| Wed, 03 Sep 2025 | ₦770.7b | ₦658.7b | ₦122.3b | 14.3x | 6.3x | 1.2x |
| Fri, 01 Aug 2025 | ₦605.2b | ₦637.5b | ₦126.9b | 5.3x | 4.8x | 0.9x |
| Sun, 29 Jun 2025 | ₦470.2b | ₦608.5b | ₦134.3b | 4.3x | 3.5x | 0.8x |
| Tue, 27 May 2025 | ₦405.9b | ₦598.3b | ₦134.3b | 4.1x | 3x | 0.7x |
| Thu, 24 Apr 2025 | ₦379.0b | ₦558.7b | ₦144.6b | 3.4x | 2.6x | 0.7x |
| Sat, 22 Mar 2025 | ₦416.0b | ₦552.6b | ₦130.7b | 3.7x | 3.2x | 0.8x |
| Mon, 17 Feb 2025 | ₦431.8b | ₦552.6b | ₦130.7b | 4.3x | 3.3x | 0.8x |
| Wed, 15 Jan 2025 | ₦415.4b | ₦537.2b | ₦146.0b | 4.4x | 2.8x | 0.8x |
| Fri, 13 Dec 2024 | ₦328.1b | ₦537.2b | ₦146.0b | 2.7x | 2.2x | 0.6x |
| Sun, 10 Nov 2024 | ₦256.4b | ₦518.8b | ₦139.2b | 2.1x | 1.8x | 0.5x |
| Tue, 08 Oct 2024 | ₦259.1b | ₦427.5b | ₦117.7b | 2.1x | 2.2x | 0.6x |
| Thu, 05 Sep 2024 | ₦234.4b | ₦427.6b | ₦117.5b | 2x | 2x | 0.5x |
| Sat, 03 Aug 2024 | ₦228.5b | ₦413.3b | ₦109.3b | 2.1x | 2.1x | 0.6x |
| Mon, 01 Jul 2024 | ₦225.6b | ₦368.0b | ₦96.7b | 2.8x | 2.3x | 0.6x |
| Wed, 29 May 2024 | ₦202.9b | ₦353.3b | ₦60.6b | 4x | 3.3x | 0.6x |
| Fri, 26 Apr 2024 | ₦217.5b | ₦353.3b | ₦60.6b | 3.9x | 3.6x | 0.6x |
| Sun, 24 Mar 2024 | ₦219.1b | ₦353.3b | ₦60.6b | 4.2x | 3.6x | 0.6x |
| Tue, 20 Feb 2024 | ₦221.9b | ₦353.3b | ₦60.6b | 4.4x | 3.7x | 0.6x |
| Thu, 18 Jan 2024 | ₦237.6b | ₦267.1b | ₦46.5b | 5.6x | 5.1x | 0.9x |
| Sat, 16 Dec 2023 | ₦169.1b | ₦267.1b | ₦46.5b | 4x | 3.6x | 0.6x |
| Mon, 13 Nov 2023 | ₦162.6b | ₦263.4b | ₦46.6b | 3.4x | 3.5x | 0.6x |
| Wed, 11 Oct 2023 | ₦160.5b | ₦242.5b | ₦43.6b | 3.6x | 3.7x | 0.7x |
| Fri, 08 Sep 2023 | ₦158.5b | ₦242.6b | ₦43.6b | 3.6x | 3.6x | 0.7x |
| Sun, 06 Aug 2023 | ₦166.6b | ₦246.1b | ₦43.6b | 4.5x | 3.8x | 0.7x |
| Tue, 04 Jul 2023 | ₦159.7b | ₦208.6b | ₦27.2b | 4.8x | 5.9x | 0.8x |
5.9x
How does Nigerian Property and Casualty Insurance compare with similar industries?
| NG Market | -3.05% | |
| Financials | 2.30% | |
| Insurance | -6.06% | |
| Property and Casualty Insurance | -7.32% | |
| Life and Health Insurance | 0.49% | |
| General Insurance | -5.22% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| INTENEGINS International Energy Insurance | ₦5.79 | 14.4% +₦1.8b | 230.9% | PE29.6x | |
| PRESTIGE Prestige Assurance | ₦1.45 | 2.8% +₦530.1m | 29.5% | PE33.7x |