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Lasaco Assurance Plc (Nigeria)

Main Activities: Insurance Agencies and Brokerages
Full name: Lasaco Assurance Plc Profile Updated: February 26, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English Download a sample report

Lasaco Assurance Plc is an enterprise based in Nigeria. Its main office is in Lagos. It operates in the Insurance Agencies and Brokerages sector. The company was established on April 04, 1979. The total number of employees is currently 138 (2024). In 2025, the company reported a net sales revenue increase of 1.53%. During that time, Lasaco Assurance Plc’s total assets grew by 28.71%.

Headquarters
Lasaco House Plot 16, Acme Road, Ogba Industrial Estate, Ikeja, P.O. Box 3724
Lagos; Lagos;

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Website: http://www.lasacoassurance.com

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 04, 1979
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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45.93%
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24.66%
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14.56%
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7.89%
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6.96%
Subsidiaries
Lasaco Properties Limited
100%
Lasaco Trading And Investment Limited
90%
Lasaco Life Assurance Company Limited
Company Performance
Financial values in the chart are available after Lasaco Assurance 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
1.53%▲
Operating Profit
-74.68%▼
Net Profit/Loss for the Period
N/A
Total Assets
28.71%▲
Investments
2.64%▲
Receivables
43.01%▲
Total Equity
71.22%▲
Net Premiums Earned Trend
-93.08%▼
Net Profit Trend
N/A
Return on Equity (ROE)
N/A
Loss Ratio
-95.46%▼
Underwriting Expenses Ratio
-84.37%▼

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