Nigerian (NSE) Property and Casualty Insurance Industry Analysis

Industry Valuation and Performance

Has the Nigerian Property and Casualty Insurance Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 12 Jun 2026	₦1.0t	₦739.4b	₦108.0b	21.5x	9.6x	1.4x
Sun, 10 May 2026	₦1.0t	₦731.1b	₦114.6b	10.6x	9.1x	1.4x
Tue, 07 Apr 2026	₦958.2b	₦775.4b	₦116.1b	15x	8.3x	1.2x
Thu, 05 Mar 2026	₦958.5b	₦775.4b	₦116.1b	13.8x	8.3x	1.2x
Sat, 31 Jan 2026	₦790.8b	₦741.3b	₦104.9b	7.2x	7.5x	1.1x
Mon, 29 Dec 2025	₦700.0b	₦682.5b	₦113.6b	6.9x	6.2x	1x
Wed, 26 Nov 2025	₦685.4b	₦686.1b	₦115.2b	7.4x	5.9x	1x
Fri, 24 Oct 2025	₦786.4b	₦659.4b	₦122.6b	13.4x	6.4x	1.2x
Sun, 21 Sep 2025	₦786.7b	₦659.4b	₦122.6b	14.1x	6.4x	1.2x
Tue, 19 Aug 2025	₦830.4b	₦654.7b	₦125.0b	9.9x	6.6x	1.3x
Thu, 17 Jul 2025	₦543.4b	₦608.5b	₦134.3b	5x	4x	0.9x
Sat, 14 Jun 2025	₦451.0b	₦608.5b	₦134.3b	4x	3.4x	0.7x
Mon, 12 May 2025	₦386.4b	₦595.1b	₦134.9b	3.8x	2.9x	0.6x
Wed, 09 Apr 2025	₦358.2b	₦553.1b	₦137.7b	3x	2.6x	0.6x
Fri, 07 Mar 2025	₦411.5b	₦552.6b	₦130.7b	3.7x	3.1x	0.7x
Sun, 02 Feb 2025	₦408.5b	₦548.7b	₦134.9b	3.5x	3x	0.7x
Tue, 31 Dec 2024	₦400.9b	₦537.2b	₦146.0b	3.4x	2.7x	0.7x
Thu, 28 Nov 2024	₦292.1b	₦524.6b	₦144.0b	3x	2x	0.6x
Sat, 26 Oct 2024	₦255.4b	₦427.5b	₦117.7b	2.2x	2.2x	0.6x
Mon, 23 Sep 2024	₦245.7b	₦427.6b	₦117.5b	2.1x	2.1x	0.6x
Wed, 21 Aug 2024	₦229.4b	₦423.8b	₦116.9b	2x	2x	0.5x
Fri, 19 Jul 2024	₦218.8b	₦370.7b	₦98.9b	2.2x	2.2x	0.6x
Sun, 16 Jun 2024	₦219.6b	₦376.4b	₦98.6b	2.4x	2.2x	0.6x
Tue, 14 May 2024	₦216.7b	₦353.3b	₦60.6b	3.9x	3.6x	0.6x
Thu, 11 Apr 2024	₦223.9b	₦353.3b	₦60.6b	4.4x	3.7x	0.6x
Sat, 09 Mar 2024	₦197.0b	₦353.3b	₦60.6b	4.1x	3.2x	0.6x
Mon, 05 Feb 2024	₦232.7b	₦360.1b	₦60.6b	4.6x	3.8x	0.6x
Wed, 03 Jan 2024	₦192.2b	₦267.1b	₦46.5b	4.3x	4.1x	0.7x
Fri, 01 Dec 2023	₦173.9b	₦267.2b	₦46.5b	4.4x	3.7x	0.7x
Sun, 29 Oct 2023	₦155.9b	₦285.7b	₦47.1b	2.8x	3.3x	0.5x
Tue, 26 Sep 2023	₦161.2b	₦242.5b	₦43.6b	3.6x	3.7x	0.7x
Thu, 24 Aug 2023	₦161.5b	₦239.5b	₦43.8b	3.6x	3.7x	0.7x
Sat, 22 Jul 2023	₦159.5b	₦208.6b	₦27.2b	4.8x	5.9x	0.8x
Mon, 19 Jun 2023	₦149.5b	₦208.6b	₦27.2b	4.7x	5.5x	0.7x

Current Industry PE

Investors are optimistic on the Nigerian Property and Casualty Insurance industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 9.6x which is higher than its 3-year average PE of 4.4x.

The 3-year average PS ratio of 0.82x is lower than the industry's current PS ratio of 1.4x.

Past Earnings Growth

The earnings for companies in the Property and Casualty Insurance industry have grown 58% per year over the last three years.
Revenues for these companies have grown 52% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Nigerian Property and Casualty Insurance compare with similar industries?


NG Market	0.20%
Financials	1.86%
Insurance	1.15%
Property and Casualty Insurance	2.48%
Life and Health Insurance	2.38%
General Insurance	-3.81%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
CONHALLPLC Consolidated Hallmark Holdings	₦8.25	30.5% +₦20.9b	175.0%	PE10.6x
NEM NEM Insurance	₦34.00	13.3% +₦20.1b	131.3%	PE11.3x
SOVRENINS Sovereign Trust Insurance	₦2.51	9.1% +₦3.0b	136.8%	PE116.9x
LINKASSURE Linkage Assurance	₦1.82	6.4% +₦2.0b	49.6%	PE3.9x
INTENEGINS International Energy Insurance	₦7.11	7.7% +₦1.3b	299.4%	PE36.3x

Company

Last Price

Valuation

CONHALLPLC Consolidated Hallmark Holdings

₦8.25

30.5%
+₦20.9b

175.0%

PE10.6x

NEM NEM Insurance

₦34.00

13.3%
+₦20.1b

131.3%

PE11.3x

SOVRENINS Sovereign Trust Insurance

₦2.51

9.1%
+₦3.0b

136.8%

PE116.9x

LINKASSURE Linkage Assurance

₦1.82

6.4%
+₦2.0b

49.6%

PE3.9x

INTENEGINS International Energy Insurance

₦7.11

7.7%
+₦1.3b

299.4%

PE36.3x

New minor risk - Share price stability

The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Nigerian stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (130% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (5.3% net profit margin). Market cap is less than US$100m (₦17.6b market cap, or US$13.1m).

Nigerian (NSE) Property and Casualty Insurance Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 32%

Fortis Global Insurance Plc, Annual General Meeting, Jun 26, 2026

Consolidated Hallmark Holdings Plc Delivers Strong FY 2025 Earnings Growth Driven by Insurance Revenue Expansion and Investment Income Amid

First quarter 2026 earnings released: EPS: ₦0.04 (vs ₦0.043 in 1Q 2025)

First quarter 2026 earnings released: EPS: ₦0.40 (vs ₦0.69 in 1Q 2025)

New minor risk - Earnings quality

First quarter 2026 earnings released: EPS: ₦0.22 (vs ₦0.11 in 1Q 2025)

Sunu Assurances Nigeria Plc Projects N1.19bn Profit for H1 2025

Custodian Investment Plc Reports Strong FY 2025 Earnings Growth Driven by Investment Gains and Insurance Expansion

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 18%

New minor risk - Share price stability