Narrative Update • May 06

Over the last 7 days, the Property and Casualty Insurance industry has dropped 1.6%, driven by a pullback from Custodian Investment of 2.2%. Meanwhile, International Energy Insurance actually outperformed within the industry, gaining 35% in the last week. This takes the industry's 12 month performance to a gain of 140%.
Has the Nigerian Property and Casualty Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | ₦1.0t | ₦740.0b | ₦108.0b | 21x | 9.3x | 1.4x |
| Fri, 24 Apr 2026 | ₦962.1b | ₦707.8b | ₦109.6b | 9.5x | 8.8x | 1.4x |
| Sun, 22 Mar 2026 | ₦1.0t | ₦775.4b | ₦116.1b | 13.8x | 8.6x | 1.3x |
| Tue, 17 Feb 2026 | ₦905.8b | ₦775.4b | ₦116.1b | 14.2x | 7.8x | 1.2x |
| Thu, 15 Jan 2026 | ₦793.2b | ₦682.5b | ₦113.6b | 7.7x | 7x | 1.2x |
| Sat, 13 Dec 2025 | ₦701.3b | ₦682.5b | ₦113.6b | 7.3x | 6.2x | 1x |
| Mon, 10 Nov 2025 | ₦701.3b | ₦655.6b | ₦119.8b | 7.6x | 5.9x | 1.1x |
| Wed, 08 Oct 2025 | ₦785.3b | ₦659.4b | ₦122.6b | 13.7x | 6.4x | 1.2x |
| Fri, 05 Sep 2025 | ₦781.3b | ₦658.7b | ₦122.3b | 14.8x | 6.4x | 1.2x |
| Sun, 03 Aug 2025 | ₦630.0b | ₦643.6b | ₦124.5b | 5.8x | 5.1x | 1x |
| Tue, 01 Jul 2025 | ₦479.9b | ₦608.5b | ₦134.3b | 4.3x | 3.6x | 0.8x |
| Thu, 29 May 2025 | ₦418.5b | ₦598.3b | ₦134.3b | 4.3x | 3.1x | 0.7x |
| Sat, 26 Apr 2025 | ₦393.2b | ₦558.7b | ₦144.6b | 3.4x | 2.7x | 0.7x |
| Mon, 24 Mar 2025 | ₦416.0b | ₦552.6b | ₦130.7b | 3.7x | 3.2x | 0.8x |
| Wed, 19 Feb 2025 | ₦426.4b | ₦552.6b | ₦130.7b | 4.2x | 3.3x | 0.8x |
| Fri, 17 Jan 2025 | ₦411.5b | ₦537.2b | ₦146.0b | 3.8x | 2.8x | 0.8x |
| Sun, 15 Dec 2024 | ₦333.6b | ₦537.2b | ₦146.0b | 2.7x | 2.3x | 0.6x |
| Tue, 12 Nov 2024 | ₦263.3b | ₦470.3b | ₦123.9b | 2.2x | 2.1x | 0.6x |
| Thu, 10 Oct 2024 | ₦259.0b | ₦427.5b | ₦117.7b | 2.1x | 2.2x | 0.6x |
| Sat, 07 Sep 2024 | ₦234.8b | ₦427.6b | ₦117.5b | 2x | 2x | 0.5x |
| Mon, 05 Aug 2024 | ₦232.0b | ₦443.0b | ₦114.9b | 2x | 2x | 0.5x |
| Wed, 03 Jul 2024 | ₦224.0b | ₦368.0b | ₦96.7b | 3x | 2.3x | 0.6x |
| Fri, 31 May 2024 | ₦207.3b | ₦353.3b | ₦60.6b | 4x | 3.4x | 0.6x |
| Sun, 28 Apr 2024 | ₦216.2b | ₦353.3b | ₦60.6b | 3.9x | 3.6x | 0.6x |
| Tue, 26 Mar 2024 | ₦221.3b | ₦353.3b | ₦60.6b | 4.4x | 3.7x | 0.6x |
| Thu, 22 Feb 2024 | ₦211.3b | ₦353.3b | ₦60.6b | 4.4x | 3.5x | 0.6x |
| Sat, 20 Jan 2024 | ₦244.2b | ₦267.1b | ₦46.5b | 6x | 5.3x | 0.9x |
| Mon, 18 Dec 2023 | ₦169.1b | ₦267.1b | ₦46.5b | 4x | 3.6x | 0.6x |
| Wed, 15 Nov 2023 | ₦163.9b | ₦263.4b | ₦46.6b | 3.3x | 3.5x | 0.6x |
| Fri, 13 Oct 2023 | ₦157.8b | ₦242.5b | ₦43.6b | 3.4x | 3.6x | 0.7x |
| Sun, 10 Sep 2023 | ₦158.0b | ₦242.6b | ₦43.6b | 3.6x | 3.6x | 0.7x |
| Tue, 08 Aug 2023 | ₦166.6b | ₦239.8b | ₦42.6b | 4.5x | 3.9x | 0.7x |
| Thu, 06 Jul 2023 | ₦159.0b | ₦208.6b | ₦27.2b | 4.7x | 5.9x | 0.8x |
| Sat, 03 Jun 2023 | ₦128.2b | ₦208.5b | ₦27.2b | 4.4x | 4.7x | 0.6x |
4.7x
How does Nigerian Property and Casualty Insurance compare with similar industries?
| NG Market | -1.74% | |
| Financials | -1.61% | |
| Insurance | -1.06% | |
| Property and Casualty Insurance | -1.59% | |
| General Insurance | 0.16% | |
| Life and Health Insurance | -0.21% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| INTENEGINS International Energy Insurance | ₦4.11 | 35.2% +₦2.7b | 136.2% | PE21x | |
| SOVRENINS Sovereign Trust Insurance | ₦2.50 | 4.6% +₦1.6b | 150.0% | PE116.5x | |
| NEM NEM Insurance | ₦30.20 | 0.7% +₦1.0b | 106.8% | PE10x |