Company profileMutual Benefits Assurance Plc, together with its subsidiaries, engages in non-life insurance and risk management services to organizations and private individuals in Nigeria, Liberia, and Niger Republic. The company operates through Assurance Business, Real Estate, Oil & Gas Exploration and Production, and Microfinance Banking segments. The company’s general insurance products include fire and special perils, burglary/housebreaking, householder/house-owner comprehensive, marine cargo, marine hull, motor, goods-in-transit, all risk insurance, contractors all risks, erection all risks, plant all risks, machinery breakdown, money, professional indemnity, fidelity guarantee, public liability, personal accident, bond, aviation, and oil and gas insurance products. It also offers life insurance products comprising term assurance, keyman assurance, credit life assurance, mortgage protection, anticipated endowment assurance, and whole life assurance policies; mutual education guarantee assurance; mutual education endowment, individual savings and protection, personal pension and investment, micro personal pension and investment, and mutual dignity plans; and mutual school fee guarantee scheme, mutual multilife shield, and group life assurance products. In addition, the company protects customers assets and indemnification of other parties; provides real estate development; retails and microfinance banking services; and engages in exploration and production of crude oil. It serves individual and corporate customers through a network of brokers, agencies, and direct marketing programs. Mutual Benefits Assurance Plc was incorporated in 1995 and is headquartered in Lagos, Nigeria.
Mutual Benefits Assurance Plc (MBENEFIT) is listed on NGX in the FINANCIAL SERVICES sector, with exposure to Insurance Carriers. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
