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LASACO Assurance Plc Stock Price

NGSE:LASACO Community·₦21.4b Market Cap
  • 1 Narratives written by author
  • 7 Comments on narratives written by author
  • 13 Fair Values set on narratives written by author

LASACO Share Price Performance

₦1.93
-1.57 (-44.86%)
₦1.93
-1.57 (-44.86%)
Price ₦1.93

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Snowflake Analysis

Flawless balance sheet with low risk.

3 Risks
0 Rewards

LASACO Assurance Plc Key Details

₦33.6b

Revenue

₦31.0b

Cost of Revenue

₦2.6b

Gross Profit

₦4.3b

Other Expenses

-₦1.7b

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
-0.15
7.68%
-5.02%
0%
View Full Analysis

About LASACO

Founded
1979
Employees
127
CEO
Shobo Ademoye
WebsiteView website
lasacoassurance.com

LASACO Assurance Plc provides various insurance products and services in Nigeria. The company operates in two segments, Non-Life and Life. It also offers anticipated plan, mortgage protection, bond, education, fire special peril, and householders insurance. In addition, the company provides contractors all risk, burglary, public liability, plants all risk insurance; business interruption, money insurance, fidelity guarantee, goods in transit, employers liability, computer all risk, and motor insurance. Further, it offers marine hull, machinery breakdown, builders’ liability, oil and gas, erection all risk, group life, professional indemity insurance, as well as and term assurance, investment plan, occupiers’ liability, personal accident, investment linked, and LASACO marine cargo insurance. The company serves heavy engineering and construction, banking and finance, manufacturing, agriculture, tourism, oil and gas, and aerospace sectors. It distributes its products through various forms of brokers, agencies, and direct marketing programs. LASACO Assurance Plc was incorporated in 1979 and is headquartered in Lagos, Nigeria.

Recent LASACO News & Updates

Narrative Update Jul 21

LASACO Assurance Plc Delivers Strong Q1 2026 Earnings Growth Driven by Improved Underwriting Performance and Strong Insurance Service Result

Executive Summary Analyst: Qudus Adebara (Research Analyst, DLM Securities) LASACO Assurance Plc recorded a strong financial performance for the quarter ended March 31, 2026, driven primarily by improved underwriting profitability, lower insurance service expenses, and solid investment income. Despite a decline in insurance revenue, the Group significantly improved profitability as insurance service results more than doubled.

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