LASACO Share Price Performance
₦0
-2.38 (-100.00%)
Price ₦0
Fair Value₦2.50
Share Pricen/a
LASACO Assurance Plc Stock Price
- 1 Narratives written by author
- 7 Comments on narratives written by author
- 11 Fair Values set on narratives written by author
LASACO Community Narratives
WA
Fair Value ₦2.5 0% overvalued intrinsic discount
Q3 Result – Earnings Momentum Weakens Despite Solid Balance Sheet Expansion and Robust Investment Income
1users have liked this narrative
7users have commented on this narrative
8users have followed this narrative
Q3 Result – Earnings Momentum Weakens Despite Solid Balance Sheet Expansion and Robust Investment Income
Executive Summary LASACO Assurance Plc released its unaudited financial statements for the nine months ended 30 September 2025 , reflecting a challenging operating environment marked by higher claims expenses and cost pressures, which eroded profitability despite solid top-line and investment income growth. The Group reported a loss after tax of ₦499.0 million , compared to a profit of ₦1.97 billion in the corresponding period of 2024, driven largely by a significant rise in operating expenses and insurance service costs.Read more
1users have liked this narrative
7users have commented on this narrative
8users have followed this narrative
WA
₦2.5
0% overvalued intrinsic discount
Wane_Investment_House Fair Value
Revenue growth
95.24% p.a.
Profit Margin
44%
Future PE
1.05x
Share price in 2028
₦4.82
Snowflake Analysis
LASACO Assurance Plc Key Details
About LASACO
- Founded
- 1979
- Employees
- 138
- CEO
- WebsiteView website
LASACO Assurance Plc provides various insurance products and services in Nigeria. The company operates through Non-Life and Life segments. 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. LASACO Assurance Plc serves heavy engineering and construction, banking and finance, manufacturing, agriculture, tourism, oil and gas, and aerospace sectors; and term assurance, investment plan, occupiers’ liability, personal accident, investment linked, and lasaco marine cargo insurance. The company 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.