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Cornerstone Insurance Plc (Nigeria)

Main Activities: Direct Life Insurance Carriers
Secondary Activities: Direct Property and Casualty Insurance Carriers
Full name: Cornerstone Insurance Plc Profile Updated: March 25, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English Download a sample report

Cornerstone Insurance Plc is based in Nigeria. The head office is in Lagos. The company operates in the Direct Life Insurance Carriers industry. The enterprise was incorporated on April 03, 1991. It currently has a total number of 101 - 500 (2025) employees. In 2025, the company reported a net sales revenue increase of 36.93%. During that time, Cornerstone Insurance Plc’s total assets grew by 13.25%.

Headquarters
21 Water Corporation Drive, Off Ligali Ayorinde St., Victoria Island, P.O. Box 75370
Lagos; Lagos;

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Website: http://www.cornerstone.com.ng

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 03, 1991
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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Subsidiaries
Cornerstone Leasing And Investment Limited
100%
Hilal Takaful Nigeria Limited
100%
Fin Insurance Company Limited
96.68%
Company Performance
Financial values in the chart are available after Cornerstone Insurance Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net Insurance Premium Revenue
36.93%
Operating Profit
N/A
Net Profit/Loss for the Period
-67.86%
Total Assets
13.25%
Investments
16%
Receivables
30.98%
Total Equity
15.43%
Net Premiums Earned Trend
-12.29%
Net Profit Trend
N/A
Return on Equity (ROE)
-30.88%
Loss Ratio
18.72%
Underwriting Expenses Ratio
-5.36%

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