Live Market Performance

About NGX Insurance Index

The NGX Insurance Index tracks the performance of the insurance sector on the Nigerian Exchange (NGX). It comprises a selection of leading insurance companies, providing insights into the sector’s contribution to the economy and market trends.

The index serves as a benchmark for investors interested in the insurance industry, which plays a critical role in risk management and financial stability in Nigeria.

Market Highlights

• Focus: Insurance companies including life, general, and reinsurance providers.
• Key Drivers: Premium growth, regulatory changes, and claims management efficiency.
• Investor Appeal: Offers exposure to a critical segment of Nigeria’s financial services sector.
• Sector Challenges: Impact of economic conditions on premium generation and claim payouts.

Historical Milestones

• 2010: Introduction of the NGX Insurance Index to track insurance sector performance.
• 2015: Growth driven by increased adoption of digital insurance platforms.
• 2021: Recovery following economic challenges with strong performance in life insurance policies.
• 2024: Expansion in reinsurance services and improved regulatory framework supporting sector growth.