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Sunu Assurances Nigeria Plc (Nigeria)

Main Activities: Direct Life Insurance Carriers
Full name: Sunu Assurances Nigeria Plc Profile Updated: February 13, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2025 Available in: English Download a sample report

Sunu Assurances Nigeria Plc is based in Nigeria, with the head office in Lagos. It operates in the Direct Life Insurance Carriers industry. Sunu Assurances Nigeria Plc was incorporated on April 03, 1984. It currently has a total number of 194 (2023) employees. From the latest financial highlights, Sunu Assurances Nigeria Plc reported a net sales revenue increase of 41.65% in 2025. During that time, Sunu Assurances Nigeria Plc’s total assets grew by 4.74%.

Headquarters
Sunu Place, Plot 1196 Bishop Oluwole Street, Victoria Island, P.O. Box 1514
Lagos; Lagos;

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Website: http://www.sunuassurancesnigeria.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 03, 1984
Key Executives
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Chairman
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Vice 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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Chief Executive Officer
Ownership Details
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89.77%
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10.23%
Subsidiaries
Ea Capital Management Limited
Managed Health Care Services Limited
Company Performance
Financial values in the chart are available after Sunu Assurances Nigeria 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
41.65%▲
Operating Profit
128.88%▲
Net Profit/Loss for the Period
-48.88%▼
Total Assets
4.74%▲
Investments
-29.83%▼
Receivables
40.19%▲
Total Equity
8.78%▲
Net Premiums Earned Trend
-13.05%▼
Net Profit Trend
N/A
Return on Equity (ROE)
-14.29%▼
Loss Ratio
-0.11%▼
Underwriting Expenses Ratio
-4.31%▼

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