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Staco Insurance Plc (Nigeria)

Main Activities: Direct Property and Casualty Insurance Carriers
Secondary Activities: Direct Life Insurance Carriers
Full name: Staco Insurance Plc Profile Updated: March 06, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Staco Insurance Plc is based in Nigeria. The head office is in Lagos. The enterprise currently operates in the Direct Property and Casualty Insurance Carriers sector. The enterprise was incorporated on April 04, 1991. The total number of employees is currently 150 (2024). From the latest financial highlights, Staco Insurance Plc reported a net sales revenue drop of 5.87% in 2024. Its’ total assets recorded a growth of 27.3%.

Headquarters
209, Herbert Macaulay Street, Ebute, Metta, Yaba
Lagos; Lagos;

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Website: http://www.stacoplc.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
April 04, 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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Chief Executive Officer
Ownership Details
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67.24%
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10.71%
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8.18%
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7.69%
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5.3%
Subsidiaries
Staco Insurance Company (Sierra Leone) Limited
60%
Company Performance
Financial values in the chart are available after Staco 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
-5.87%▼
Operating Profit
N/A
Net Profit/Loss for the Period
N/A
Total Assets
27.3%▲
Investments
29.76%▲
Receivables
20.77%▲
Total Equity
-92.15%▼
Return on Equity (ROE)
N/A
Loss Ratio
-43.11%▼
Underwriting Expenses Ratio
50.88%▲

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