Company profileSTACO Insurance Plc provides general insurance products and services to retail and corporate customers in Nigeria. It offers accident insurance products, including fidelity guarantee, professional indemnity, good-in-transit, employer liability, burglary, public liability, and group/personal accident; transportation insurance products, such as motor, marine hull and cargo, and aviation; fire and bond insurance products comprising fire and special perils, all risks, engineering, and bond; and energy and special risks insurance products consisting of oil and gas, and pollution liability. The company also provides customized products comprising personal protection plan and homeowners’ insurance. The company was formerly known as Standard Trust Assurance Plc and changed its name to STACO Insurance Plc in October 2006. STACO Insurance Plc was incorporated in 1991 and is based in Lagos, Nigeria.
STACO (STACO) is listed on the Nigerian Exchange in the FINANCIAL SERVICES sector, with exposure to Insurance Carriers. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
Why this stock may reactDirect company signals
No direct company-specific market driver has been linked yet.
Sector spillover signals
CBN FHC exposure draft
STACO 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.
capital_requirement_increase
STACO may also move because the FINANCIAL SERVICES sector may move with capital_requirement_increase. Confidence 67%.