Nigerian Stock Exchange
Sovereign Trust Insurance PLC · SOVRENI.LG
Sovereign Trust Insurance Plc is a Nigeria-based non-life insurance company. The Company is engaged in the provision of various classes of non-life insurance and special risk insurance, settlement of claims and insurance of policyholder’s funds. Its segments include Motor, Fire & property, Marine & aviation, General accident, Car and engineering, and Oil and gas. Its durable business profile is fund-based rather than operating-company based. Investor outcomes depend on portfolio composition, asset allocation, valuation, liquidity, expenses, distributions and the manager’s ability to execute the stated mandate. Demand is linked to investor appetite for diversified exposure, income, sector access or alternative assets. Investors should monitor net asset value, tracking difference where relevant, market liquidity, disclosures and governance. The company should be reviewed through its audited financial statements, corporate disclosures, operating segment notes and market announcements, because these materials provide the most reliable view of revenue quality, cost structure, capital allocation and any changes in business scope.
Fundamentals
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Sign in| Metric (NGN, B) | 2024 2024 | 2023 2023 | 2022 2022 | 2021 2021 | 2020 2020 |
|---|---|---|---|---|---|
| Revenue Total Revenue | 41 | ||||
| EBITDA | 4 | ||||
| EBIT | 3 | ||||
| Net income Net Income | 2 | ||||
| Operating margin | 8% | ||||
| Net margin | 6% |