FORTIS GLOBAL INSURANCE PLC- QUARTER 2 - FINANCIAL STATEMENT FOR 2026
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Open
₦2.36
Previous close
₦2.60
Day range
₦2.34 – ₦2.36
Volume
1,567,435
Limited data
Awaiting filing
No current yield
65/100 measured
Moderate liquidity
The latest saved price history for FTGINSURE, with its range and direction at a glance.
Eye extracted 43 pages. Open the source or continue to Signals for the evidence trail.
Fortis Global Insurance Plc provides general and life insurance in Nigeria. The company offers general insurance, such as motor, accident, bond, marine, aviation, fire and burglary, oil and gas, travel, and goods in transit insurance products. It also provides group, credit, capital income plan, income protection plan, annuity, digital savings, education endowment, key man assurance, deposits linked assurance, and salary protection insurance scheme products. The company was formerly known as Standard Alliance Insurance Plc and changed its name to Fortis Global Insurance Plc in May 2025. The company was incorporated in 1981 and is based in Lagos, Nigeria.
Investors usually follow FTGINSURE for its valuation signal, sector position, and upcoming company events. The goal here is not just to show numbers, but to explain what they mean in plain English.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
Director dealings
0
Reported buys, sells, and mixed dealings.
Official filings
12
Financial reports and company disclosures captured by Eye.
Market events
0
Insider, filing, dividend, and price events.
Source records
42
Captured updates we can trace.
Whisone is bearish because the bullish case is not yet strong enough to lead while fundamentals are weak at 23/100. Whisone has low conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
ROE
-25.3%
Return on equity
ROA
-1.6%
Return on assets
Debt / equity
0.68
Lower is usually safer.
P/B ratio
0.92
Useful for book value support.
75/100
Direction
Heavy downside risk
Main supports
Valuation still leaves room versus fair value and analyst anchors.
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Fair value
₦8,353,600,000.00
Analyst view
n/a
Forecast refresh
Updated 11h ago
Quality score
32
Growth score
50
These are the external analyst numbers and business outlook figures already synced into the company record.
No external analyst outlook is available for this company yet.
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
23.8
Momentum is weak and the stock is in oversold territory.
Recent trend
Falling
-27.3% across the latest saved price window.
Volatility
Moderate
Beta is 0.89. Price sensitivity is broadly around the market range.
52-week position
27% of range
Price is sitting around the middle of its 52-week range.
Volume confirmation
0.75x average
Trading activity is broadly within its normal range.
CBN proposed holdco framework
FTGINSURE may also move because the FINANCIAL SERVICES sector may move with cbn proposed holdco framework. Confidence 67%.
The proposed CBN holdco framework would change how foreign subsidiaries of Nigerian banks are structured, impacting financial groups listed.
NIIRA_recapitalisation
FTGINSURE may also move because the FINANCIAL SERVICES sector may move with niira_recapitalisation. Confidence 67%.
The NIIRA 2025 law raised minimum capital requirements and introduced an RBC framework, forcing insurance and reinsurance firms to recapitalise by July 31, 2026.
NTA CFC rules & 15% top-up tax
FTGINSURE may also move because the FINANCIAL SERVICES sector may move with nta cfc rules & 15% top-up tax. Confidence 67%.
Article states banks and financial groups with regional operations are expected to be affected by the CFC regime and top-up tax.
Open Banking implementation
FTGINSURE may also move because the FINANCIAL SERVICES sector may move with open banking implementation. Confidence 67%.
Article states Open Banking is expected to reshape how banks, fintechs and other financial service providers share data and deliver products, requiring regulatory and governance readiness.
PenCom recapitalisation rules
FTGINSURE may also move because the FINANCIAL SERVICES sector may move with pencom recapitalisation rules. Confidence 67%.
PenCom's revised minimum capital requirements and June 2027 compliance deadline are prompting industry-wide mergers, recapitalisations or exits among pension fund administrators.
capital_requirement_increase
FTGINSURE may also move because the FINANCIAL SERVICES sector may move with capital_requirement_increase. Confidence 67%.
Kenya's plan to raise minimum bank capital from 1bn to 10bn shillings by 2032 is expected to spur consolidation across the banking sector.
FTGINSURE
Fortis Insurance Plc
Price: ₦2.34
P/E: n/a
Yield: N/A
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Industry
Insurance Carriers
Founded
1981
Employees
30
Exchange
NGX
Ticker
FTGINSURE
9080000000