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Nigerian Stock Exchange

Last update 26 Jun 2026

VERITASKAP · VERITASKAP.LG

Nigeria · Financials · Insurance · NGN

Price history

Veritas Kapital Assurance PLC is a Nigeria-based insurance company. The Company is engaged in underwriting of non-life insurance risks. It offers non-life insurance products and services to individuals and institutions across Nigeria. Its segments include Non-life business, Pension administration and Healthcare. Its Non-life business segment offers a range of insurance products for both personal and corporate customers. This segment offers its products across various sectors, such as engineering, aviation, marine liability, motor liability, oil and energy and property. The Pension administration segment include the administration and management of the retirement benefits of members. The administration includes making investment decisions, collection of contribution and making payment to retirees. Its Healthcare segment is a National Health Maintenance Organization, which provide health insurance services to individuals and organizations in both the private sector and the formal sector.

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Metric  (NGN, B) 2024 2023 2022 2021 2020
Revenue Total Revenue 13
EBITDA -5
EBIT -6
Net income Net Income -1
Operating margin -44%
Net margin -8%