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Mutual Benefits Assurance PLC

MBENEFIT:LAG

Mutual Benefits Assurance PLC

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FinancialsNon-life Insurance
  • Price (NGN)0.58
  • Today's Change0.02 / 3.57%
  • Shares traded187.78k
  • 1 Year change+75.76%
  • Beta0.3894
Data delayed at least 60 minutes, as of May 03 2024 14:11 BST.
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About the company

Mutual Benefits Assurance Plc is engaged in general and life insurance underwriting, risk management, financial services, microfinance banking and real estate. The Company operates through three segments: assurance business, real estate, and microfinance banking. The assurance business segment covers the protection of customers assets (particularly properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. Its real estate segment undertakes real estate development project with the aim of outright sale or lease of the properties to meet the needs of individual and corporate bodies. The Company's microfinance banking segment undertakes provision of retails and microfinance banking services at the community level. It offers general business products, including Property Insurance, Fire and Special Perils, Professional Indemnity, Liability/Bond Insurance, Fidelity Guarantee, and Goods-in-Transit.

  • Revenue in NGN (TTM)39.54bn
  • Net income in NGN4.97bn
  • Incorporated1995
  • Employees613.00
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