LASACO
FINANCIAL SERVICES NGXLASACO
closing price · trade date July 21, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About LASACO
LASACO Assurance Plc is a Nigerian insurance company offering general and life insurance products.
LASACO Assurance Plc was incorporated in December 1979 under the name Lagos State Assurance Company Limited and commenced active underwriting operations in 1980. Over the decades, the company transitioned to a public limited liability company and became listed on the Nigerian Exchange. Today, it operates as a licensed composite insurer, covering both life and non-life business segments.
The company's product portfolio covers a wide spectrum of risk management solutions, including motor, marine, aviation, fire, and oil and gas insurance, alongside group and individual life policies. LASACO serves public and private sector clients across Nigeria through an established network of branches and partnerships with local brokers.
Fundamentals & Ratios
Company metrics where available.
Dividend History
Business Portfolios
LASACO operates two primary business divisions: general insurance and life assurance. Its general insurance segment underwrites assets such as property, engineering equipment, and specialized energy infrastructure. The life division administers life assurance, annuity, group policies, and custom savings plans designed for retail consumers.
Regulatory Compliance
The company operates under the regulatory oversight of the National Insurance Commission (NAICOM) and the Securities and Exchange Commission of Nigeria. As an insurer, LASACO is subject to NAICOM solvency and capital requirements.