Nigeria · West Africa
NEM Insurance Plc
Profile highlights
13 badgesEarliest recorded founding in this market’s class
Among 4 entries with documented founding years; 1948. Coverage is incomplete and ties share this badge.
Earliest recorded founding in this market
Among 5 entries with documented founding years; 1948. Coverage is incomplete and ties share this badge.
Group spans 1 directory continent
NEM: 1 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.
75+ years since founding
Recorded founding year: 1948. https://www.wikidata.org/wiki/Q140882938
General (Non-life)
Based on this profile’s recorded business data. Not an endorsement or a financial-strength rating.
Show 7 more badges
Domestic private
Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.
Founding year documented
Recorded founding year: 1948. https://www.wikidata.org/wiki/Q140882938
Stock-exchange listed
Based on this profile’s recorded ownership data. Not an endorsement or a financial-strength rating.
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.
Founded in the 1900s
Recorded founding year: 1948. https://www.wikidata.org/wiki/Q140882938
Listed in Africa
Based on this profile’s recorded location data. Not an endorsement or a financial-strength rating.
NGX-listed
Official sources
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 NEM Insurance Plc
Sources checked
Personal, SME and corporate insurance
NEM lists motor, home, travel, marine, aviation, energy, engineering and fire insurance, with professional indemnity and goods in transit. Its claims guidance asks customers to notify the insurer and provide supporting documents such as policy details, photographs and proof of value.
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 NEM Insurance 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.
- Founded
- 1948
- Listed on
- Nigerian ExchangeNEM
- Class of business
- General (Non-life)Short-term property, casualty, motor, marine and other non-life covers.
- Parent / group
- NEM
- Ownership
- Domestic privateOwned by domestic private shareholders with no cross-border parent.
- 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-nem-insurance-plc · row 268/api/v1/insurers/nigeria-nem-insurance-plc.json