Sovereign Trust Insurance Plc provides non-life and special risk insurance in Nigeria. It offers motor, family wellbeing, marine cargo and hull, travel, all risk, aviation, burglary house breaking, consequential loss, contractors and erection all risk, electronic equipment, fidelity guarantee, fire and extraneous perils, goods in transit, healthcare indemnity, house holder house owner, machinery breakdown, money, oil and gas, personal/group accident, plant all risk, professional indemnity, and workmen’s compensation insurance products, as well as builder’s, public, product, and occupiers liability insurance. The company was formerly known as Grand Union Assurances Limited and changed its name to Sovereign Trust Insurance Plc in January 1995. Sovereign Trust Insurance Plc was incorporated in 1980 and is headquartered in Lagos, Nigeria.
Nigerian Market Performance
7D7 Days: 4.3%
3M3 Months: 32.7%
1Y1 Year: 47.2%
YTDYear to Date: 35.6%
The market has climbed 4.3% in the last 7 days, lead by the Materials sector with a gain of 9.6%. In contrast, the Industrials sector is lagging, dropping 4.0%. The market is up 47% over the last 12 months. Earnings are forecast to grow by 19% annually. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.