Insurers.global

Nigeria · West Africa

Mutual Benefits Assurance Plc

Profile highlights

9 badges
  • Group spans 1 directory continent

    Mutual Benefits: 2 markets across 1 directory continents (Asia-Pacific is one directory region). Group membership does not establish this entity’s policy availability.

  • Part of a group

    Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.

  • Group listed in 2+ markets

    Mutual Benefits: 2 markets across 1 directory continents (Asia-Pacific is one directory region). Group membership does not establish this entity’s policy availability.

  • General (Non-life)

    Based on this profile’s recorded business data. Not an endorsement or a financial-strength rating.

  • Pan-African group

    Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.

  • Stock-exchange listed

    Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.

Show 3 more badges
  • Part of a listed group

    Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.

  • Official website available

    Based on this profile’s recorded profile data. Not an endorsement or a financial-strength rating.

  • Listed in Africa

    Based on this profile’s recorded location data. Not an endorsement or a financial-strength rating.

Badge criteria
GGeneral (Non-life)Pan-African groupListedNGX: MBENEFITPartially verified against the regulator register

Official sources

Official websitemutualng.comNAICOM regulator profile

Website reported by Wikidata (CC0), last checked 2026-09-13 — not confirmed against the NAICOM register, which does not publish one for this entity.

Business profile

Understanding Mutual Benefits Assurance Plc

Sources checked

Vehicle, household and cargo cover

Mutual Benefits Assurance’s Nigerian website presents motor insurance, household protection, fire insurance and marine cargo cover. It describes these as general insurance offerings for individuals and businesses, with product-detail and enquiry routes for arranging protection.

Mutual Benefits Assurance — general insurance

About general (non-life) business

General insurance covers specified losses to property, vehicles or businesses and liabilities to other people. The directory category is broad; the insurer's policy documents establish which risks a particular product covers.

General guidance for the directory category. Specific products and terms must be confirmed with Mutual Benefits Assurance Plc.

Explore the Nigeria insurance market or other entries in this category.

Questions to ask about cover

  • Which events and assets are covered, and what exclusions apply?
  • What excess, valuation basis and claim limit apply to each section?
  • How do I notify a loss and obtain approval before repairs?

For an existing policy, use the insurer and service contact named on your policy schedule. Have your policy reference and a short description of the enquiry ready.

At a glance

Profile data from Wikidata (CC0), last checked 2026-09-13. The register itself is verified against the NAICOM.

Listed on
Nigerian ExchangeMBENEFIT
Class of business
General (Non-life)Short-term property, casualty, motor, marine and other non-life covers.
Parent / group
Mutual BenefitsLicensed in 2 countries, 3 entities in this directory.
Ownership
Pan-African groupPart of an insurance group licensed in two or more African countries.
Regulator
National Insurance Commission (NAICOM)naicom.gov.ng
Local currency
NGN
Source basis
Regulator / industry register
Country verification
Partially verified - recapitalisation register · NAICOM notices 31 Jul, 13 Aug and 24 Aug 2026 (NIIRA 2025 minimum capital compliance); NAICOM takaful operators register (naicom.gov.ng/takaful-operators)
Identifiers
slug nigeria-mutual-benefits-assurance-plc · row 267/api/v1/insurers/nigeria-mutual-benefits-assurance-plc.json