Nigeria · West Africa · class C
Composite insurance companies in Nigeria
8 licensed composite insurers, 16% of the 51 insurance entities supervised by the National Insurance Commission. Licensed to write both life and non-life business under one entity.
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| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| AIICO Insurance PlcNGX: AIICO | CComposite | AIICO | Domestic private | NAICOM | Partial | — |
| AXA Mansard Insurance PlcNGX: MANSARD | CComposite | AXAIAIG | Foreign multinational | NAICOM | Partial | — |
| Cornerstone Insurance PlcNGX: CORNERST | CComposite | Cornerstone | Domestic private | NAICOM | Partial | — |
| Fortis Global Insurance Plc | CComposite | Independent | Domestic private | NAICOM | Partial | — |
| Great Nigeria Insurance Plc | CComposite | Insurance Resourcery | Domestic private | NAICOM | Partial | — |
| Industrial and General Insurance Plc | CComposite | IGI | Domestic private | NAICOM | Partial | — |
| LASACO Assurance PlcNGX: LASACO | CComposite | Independent | Domestic private | NAICOM | Partial | — |
| Leadway Assurance Co | CComposite | Leadway Group | Pan-African group | NAICOM | Partial | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
About composite insurers in Nigeria
How many composite insurers are licensed in Nigeria?
8 of the 51 licensed insurance entities this directory lists in Nigeria are classified as composite (16%). Partially verified against the regulator register.
Who regulates composite insurers in Nigeria?
National Insurance Commission (NAICOM). Regime: Insurance Act 2003; NIIRA 2025 recapitalisation. Official website: https://naicom.gov.ng.
Who owns the composite insurers in Nigeria?
Of the 8 licensed composite insurers in Nigeria, 6 are domestic private companies, 1 is a subsidiary of a foreign multinational group (AXA), and 1 is a member of a pan-African group (Leadway Group), as recorded in the register.
Data: /api/v1/countries/nigeria.json (filter by class = "composite"). Licence CC BY 4.0, attribute KAFS North America.