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Coronation Insurance Plc (Nigeria)

Main Activities: Direct Life Insurance Carriers
Secondary Activities: Direct Title Insurance Carriers
Full name: Coronation 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

Coronation Insurance Plc is an enterprise located in Nigeria, with the main office in Lagos. The enterprise operates in the Direct Life Insurance Carriers industry. The company was established on April 03, 2026. There are currently 174 (2024) people employed by Coronation Insurance Plc. From the latest financial highlights, Coronation Insurance Plc reported a net sales revenue increase of 98.91% in 2025. Its’ total assets recorded a growth of 33.87%.

Headquarters
No.119 Awolowo Road, P.O. Box 55508, Falomo, Ikoyi
Lagos; Lagos;

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Website: http://www.coronationinsurance.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, 2026
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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40.82%
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33.06%
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20.89%
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5.18%
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0.03%
Subsidiaries
Wapic Insurance Ghana Limited (Ghana)
100%
Wapic Life Assurance Limited
100%
Coronation Insurance Plc
40.82%
Company Performance
Financial values in the chart are available after Coronation 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
98.91%▲
Operating Profit
N/A
Net Profit/Loss for the Period
-40.25%▼
Total Assets
33.87%▲
Investments
-58.08%▼
Receivables
54.85%▲
Total Equity
20.7%▲
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-15.13%▼
Underwriting Expenses Ratio
-98.13%▼

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