Closing prices from 19 Oct 2026
Last refreshed Oct 19, 2026 17:00 WAT
Prestige AssurancePRESTIGE
FINANCIAL SERVICES NGXclosing price · trade date October 19, 2026
Key Trading Data
Latest imported Nigerian Exchange session data.
About Prestige Assurance
Prestige Assurance Plc is a licensed insurance company in Nigeria, providing general insurance products to corporate, commercial, and individual clients across the country.
Established in 1952 as a branch of The New India Assurance Company Limited, Prestige Assurance Plc has a long-standing history in the Nigerian financial services sector. The company was formally incorporated as a limited liability company in 1970 and subsequently listed on the Nigerian Stock Exchange, now NGX.
The company's core operations center on underwriting diverse general insurance risks. Its product portfolio includes marine insurance, motor insurance, fire and allied perils, engineering, and general accident policies, catering to industrial conglomerates, small businesses, and individuals.
Prestige Assurance is regulated by the National Insurance Commission (NAICOM) and is required to meet applicable capital and solvency requirements. The company may use reinsurance arrangements as part of its underwriting risk management.
Dividend information was not provided in the available NGX context.
Underwriting Portfolio
Prestige Assurance offers a comprehensive suite of general insurance products designed to mitigate risks for diverse sectors. These include fire, motor, marine, engineering, and general accident underwriting. The company utilizes underwriting risk management, which may include reinsurance arrangements, to design coverage for complex industrial assets.
Regulatory Compliance and Solvency
As a player in the Nigerian financial services industry, the company operates under the oversight of the National Insurance Commission (NAICOM). Prestige Assurance maintains a focus on capital adequacy and solvency margins to comply with ongoing regulatory reforms. Regulatory compliance and capital management are important to the company's operations and risk management.
Strategic Partnership and Ownership
Prestige Assurance traces its origins to The New India Assurance Company Limited, which established a Nigerian branch in 1952.