Lasaco Assurance turns tide on half-year loss, helped by cost efficiency
1 million gain recorded in the same period last year, hurting net investment results.
ALSO READ: Lasaco Assurance Plc appoints new managing director Nigeria’s latest round of insurance industry recapitalisation, which concludes this month, requires life insurance businesses to scale up their minimum paid-up capital from N2 billion to N10 billion and non-life insurers from N3 billion to N15 billion.5 million half-year loss it logged in the first six months of last year, which heralded its first annual loss in thirteen years during the financial year 2025.
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