20 insurance coverage companies document N519bn market cap

The Nigerian insurance coverage sector has achieved a collective market capitalisation of N519.04bn, with prime gamers reminiscent of AXA Mansard Insurance coverage, AIICO Insurance coverage, and Cornerstone Insurance coverage main the way in which.

AXA Mansard Insurance coverage, with a market cap of N81.9bn, leads the sector regardless of a slight decline of 1.62 per cent in its share worth.

AIICO Insurance coverage follows intently with a market cap of N61.5bn, experiencing a minor lower of 1.18 per cent.

Cornerstone Insurance coverage ranks third with a market cap of N67.2bn. NEM Insurance coverage, with N60.2bn, stays a powerful participant, whereas Consolidated Hallmark Holdings holds a market cap of N35.8bn.

Sunu Assurances Nigeria has a market cap of N38.5bn, whereas Linkage Assurance holds N21.4bn, regardless of going through a 9.15 per cent worth drop.

Veritas Kapital Assurance, with a market cap of N20.8bn, noticed a 3.45 per cent worth enhance, reflecting optimistic market motion.

Status Assurance carried out effectively, posting a market cap of N15.5bn, boosted by a 9.35 per cent worth enhance.

Sovereign Belief Insurance coverage maintains a market cap of N14.2bn regardless of a 5.66 per cent decline in share worth, whereas Common Insurance coverage’s market cap stands at N9.3bn, with a 7.94 per cent drop in its worth.

Regency Assurance has a market cap of N8.2bn, however its worth dropped by 9.33 per cent. Goldlink Insurance coverage holds a modest N0.9bn, with no latest transactions. Worldwide Power Insurance coverage, with a market cap of N2.4bn, confronted a worth decline of 6.40 per cent.

Lasaco Assurance holds N6.2bn in market cap, displaying a optimistic 4.01 per cent worth enhance.

Mutual Advantages Assurance has a steady market cap of N12.2bn, with no vital worth modifications. Staco Insurance coverage holds a market cap of N4.5bn, with no worth changes, whereas Normal Alliance Insurance coverage has a market cap of N2.6bn with little motion in its worth.

Guinea Insurance coverage’s market cap stands at N6.6bn, going through a 3.49 per cent decline.

The PidomNigeria reported that twenty Nigerian insurance coverage companies’ market capitalisations reached N590.26bn, based on information from the Nigeria Change Restricted on the shut of buying and selling on Wednesday.