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FINANCIAL SERVICES · Insurance Carriers · Price, fundamentals, signals, and forward-looking context in one research view.
FINANCIAL SERVICES
₦23.9B
N/A
N/A
Current price
₦2.16
Updated Updated 5h ago
Open
₦2.01
Previous close
₦2.18
Day range
₦1.97 – ₦2.17
Volume
10,872,284
Limited data
Awaiting filing
No current yield
65/100 measured
Easy to trade
The latest saved price history for LASACO, with its range and direction at a glance.
Eye extracted 76 pages. Open the source or continue to Signals for the evidence trail.
LASACO Assurance Plc provides various insurance products and services in Nigeria. The company operates in two segments, Non-Life and Life. It also offers anticipated plan, mortgage protection, bond, education, fire special peril, and householders insurance. In addition, the company provides contractors all risk, burglary, public liability, plants all risk insurance; business interruption, money insurance, fidelity guarantee, goods in transit, employers liability, computer all risk, and motor insurance. Further, it offers marine hull, machinery breakdown, builders’ liability, oil and gas, erection all risk, group life, professional indemity insurance, as well as and term assurance, investment plan, occupiers’ liability, personal accident, investment linked, and LASACO marine cargo insurance. The company serves heavy engineering and construction, banking and finance, manufacturing, agriculture, tourism, oil and gas, and aerospace sectors. It distributes its products through various forms of brokers, agencies, and direct marketing programs. LASACO Assurance Plc was incorporated in 1979 and is headquartered in Lagos, Nigeria.
Investors usually follow LASACO 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.
This official filing has been discovered and is awaiting full extraction or review.
This official filing has been discovered and is awaiting full extraction or review.
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.
This official filing has been discovered and is awaiting full extraction or review.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
This official filing has been discovered and is awaiting full extraction or review.
Whisone Eye extracted this official filing. Open the source to review the complete disclosure.
This official filing has been discovered and is awaiting full extraction or review.
Director dealings
0
Reported buys, sells, and mixed dealings.
Official filings
10
Financial reports and company disclosures captured by Eye.
Market events
0
Insider, filing, dividend, and price events.
Source records
40
Captured updates we can trace.
Whisone is bearish because the bullish case is not yet strong enough to lead while fundamentals are weak at 41/100. 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
-7.9%
Return on equity
ROA
-6.8%
Return on assets
P/B ratio
1.15
Useful for book value support.
76/100
Direction
Positive bias
Main supports
Recent price behavior and momentum still support follow-through.
Trading liquidity looks supportive for the forecast to transmit into price action.
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
₦2.15
Analyst view
n/a
Forecast refresh
Updated 21h ago
Quality score
47
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
57.0
Momentum is currently in a neutral range.
Recent trend
Rising
+18.0% across the latest saved price window.
Volatility
Low
Beta is 0.38. Price has historically moved more calmly than the wider market.
52-week position
12% of range
Price is trading close to its 52-week low.
Volume confirmation
1.06x average
Trading activity is broadly within its normal range.
claims_payment_record
LASACO may benefit from claims_payment_record. Confidence 90%.
Incurred and settled N17.60bn in claims, reinforcing reputation for prompt claims settlement and customer confidence.
claims_settlement
LASACO may benefit from claims_settlement. Confidence 90%.
Article states N17.60bn in claims were incurred and settled, reinforcing customer confidence and the company's reputation.
improved_underwriting
LASACO may benefit from improved_underwriting. Confidence 90%.
Article attributes revenue surge and higher insurance service results to improved underwriting and claims management.
successful_rights_issue
LASACO may benefit from successful_rights_issue. Confidence 90%.
Raised N18.47bn via an oversubscribed rights issue (104.5%), increasing capital to meet regulatory requirements and expand underwriting capacity.
investment_yield_environment
LASACO may be hurt by investment_yield_environment. Confidence 85%.
Net investment income fell 30%, attributed to market volatility and changes in the investment yield environment.
strong_capital_base
LASACO may benefit from strong_capital_base. Confidence 80%.
Shareholders' funds rose 101%, positioning the company to meet regulatory capital requirements and pursue growth.
Sector spillover signals
digital_transformation
LASACO may also move because the FINANCIAL SERVICES sector may benefit from digital_transformation. Confidence 75%.
The programme highlights digital transformation and MTN's digital ecosystem, indicating MTN Nigeria (MTNN) stands to benefit from increased digital skills and uptake.
CBN FHC exposure draft
LASACO may also move because the FINANCIAL SERVICES sector may move with cbn fhc exposure draft. Confidence 67%.
The exposure draft targets financial holding companies and imposes sector-wide measures (ownership thresholds, ring-fencing, governance limits, higher capital buffers) intended to reshape banking group structures and intra-group activities.
CBN data localisation directive
LASACO may also move because the FINANCIAL SERVICES sector may move with cbn data localisation directive. Confidence 67%.
The directive targets banks, fintechs, mobile money operators and other payment service providers, creating sector-wide requirements for local data hosting, oversight and beneficial-ownership disclosures.
CBN proposed holdco framework
LASACO 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
LASACO 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
LASACO 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
LASACO 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
LASACO 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.
LASACO
LASACO Assurance Plc
Price: ₦2.16
P/E: n/a
Yield: N/A
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Industry
Insurance Carriers
Founded
1979
Employees
127
Exchange
NGX
Ticker
LASACO
Estimated earnings date
2026-05-11
Estimated earnings date
2026-04-10
1.87
