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FINANCIAL SERVICES · Insurance Carriers · Price, fundamentals, signals, and forward-looking context in one research view.
FINANCIAL SERVICES
₦20.5B
N/A
N/A
Current price
₦1.88
+1.6% todayUpdated 38 min ago
Open
₦1.85
Previous close
₦1.85
Day range
₦1.85 – ₦1.88
Volume
1,033,001
Limited data
Awaiting filing
No current yield
65/100 measured
Moderate liquidity
LASACO has a cautious over 30 days and cautious over one year.
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Expected move
-1.82%
Expected price
₦1.85
Lower path
₦1.74
Upper path
₦1.95
Confidence
Whisone is bearish because the bullish case is not yet strong enough to lead while fundamentals are weak at 37/100. Whisone has low conviction here. The final read is being balanced by the weighted scores for fundamentals, technicals, insider flow, sentiment, event flow, and liquidity.
Whisone v2 splits the read into weighted parts so the score is not just one hidden number.
Fundamentals
Growth, margins, cash flow, and valuation.
Sentiment
Market mood from flow, events, and attention.
Latest net profit
-₦1.68B
TTM (2026-08-31)
ROE
-7.9%
Return on equity
ROA
-6.8%
Return on assets
P/B ratio
0.99
Useful for book value support.
75/100
Direction
Range-bound
Main supports
Recent price and fundamentals refreshes improve signal reliability.
What can go wrong
Volatility is elevated, so the path can stay rough even if the thesis is right.
Fair value
₦1.85
Analyst view
n/a
Forecast refresh
Updated 31 min ago
Quality score
45
Growth score
50
These are the external analyst numbers and business outlook figures already synced into the company record.
No external analyst outlook is available for this company yet.
A plain-English reading of momentum, trend, volatility, range position, and trading participation.
RSI
42.5
Momentum is currently in a neutral range.
Recent trend
Rising
+3.3% across the latest saved price window.
Volatility
Low
Beta is 0.40. Price has historically moved more calmly than the wider market.
52-week position
10% of range
Price is trading close to its 52-week low.
Volume confirmation
0.24x average
Trading activity is light, so the current price move has weaker confirmation.
rights_issue_capital_injection_N18.47bn
LASACO may benefit from rights_issue_capital_injection_n18.47bn. Confidence 95%.
Company concluded a rights issue that raised N18.47bn (oversubscribed by 104.5%), strengthening its capital base to meet regulatory requirements.
claims_payment_record
LASACO may benefit from claims_payment_record. Confidence 90%.
Incurred and settled N17.60bn in claims, reinforcing reputation for prompt claims settlement and customer confidence.
claims_settlement
LASACO may benefit from claims_settlement. Confidence 90%.
Article states N17.60bn in claims were incurred and settled, reinforcing customer confidence and the company's reputation.
improved_underwriting
LASACO may benefit from improved_underwriting. Confidence 90%.
Article attributes revenue surge and higher insurance service results to improved underwriting and claims management.
successful_rights_issue
LASACO may benefit from successful_rights_issue. Confidence 90%.
Raised N18.47bn via an oversubscribed rights issue (104.5%), increasing capital to meet regulatory requirements and expand underwriting capacity.
investment_yield_environment
LASACO may be hurt by investment_yield_environment. Confidence 85%.
Net investment income fell 30%, attributed to market volatility and changes in the investment yield environment.
Sector spillover signals
digital_transformation
LASACO may also move because the FINANCIAL SERVICES sector may benefit from digital_transformation. Confidence 75%.
MD said strategy for 2026 will accelerate digital adoption and product innovation to improve services and distribution.
CBN FHC exposure draft
LASACO may also move because the FINANCIAL SERVICES sector may move with cbn fhc exposure draft. Confidence 67%.
The exposure draft targets financial holding companies and imposes sector-wide measures (ownership thresholds, ring-fencing, governance limits, higher capital buffers) intended to reshape banking group structures and intra-group activities.
CBN data localisation directive
LASACO may also move because the FINANCIAL SERVICES sector may move with cbn data localisation directive. Confidence 67%.
The directive targets banks, fintechs, mobile money operators and other payment service providers, creating sector-wide requirements for local data hosting, oversight and beneficial-ownership disclosures.
CBN proposed holdco framework
LASACO may also move because the FINANCIAL SERVICES sector may move with cbn proposed holdco framework. Confidence 67%.
The proposed CBN holdco framework would change how foreign subsidiaries of Nigerian banks are structured, impacting financial groups listed.
NIIRA 2025 minimum capital requirements
LASACO may also move because the FINANCIAL SERVICES sector may move with niira 2025 minimum capital requirements. Confidence 67%.
The industry-wide introduction of higher minimum capital requirements under NIIRA 2025 prompted recapitalisation exercises across insurers.
NIIRA_recapitalisation
LASACO may also move because the FINANCIAL SERVICES sector may move with niira_recapitalisation. Confidence 67%.
The NIIRA 2025 law raised minimum capital requirements and introduced an RBC framework, forcing insurance and reinsurance firms to recapitalise by July 31, 2026.
NTA CFC rules & 15% top-up tax
LASACO may also move because the FINANCIAL SERVICES sector may move with nta cfc rules & 15% top-up tax. Confidence 67%.
Article states banks and financial groups with regional operations are expected to be affected by the CFC regime and top-up tax.
Open Banking implementation
LASACO may also move because the FINANCIAL SERVICES sector may move with open banking implementation. Confidence 67%.
Article states Open Banking is expected to reshape how banks, fintechs and other financial service providers share data and deliver products, requiring regulatory and governance readiness.
LASACO
LASACO Assurance Plc
Price: ₦1.88
P/E: n/a
Yield: N/A
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Yield: N/A
Industry
Insurance Carriers
Founded
1979
Employees
127
Exchange
NGX
Ticker
LASACO
2026-07-17
Estimated earnings date
2026-07-17
Estimated earnings date
2026-05-11
1.87
