Meet 10 Chairpersons of the largest insurance companies in Nigeria by market cap

Nigeria’s insurance sector is undergoing significant growth.

According to the Central Bank of Nigeria (CBN), total assets in the sector hit a record N4.619 trillion at the end of Q2 2025, reflecting a 25.3% year-on-year increase and a 10.9% rise quarter-on-quarter.

While total assets and liabilities provide a measure of scale, market capitalization offers a direct insight into how the financial markets value these insurers, reflecting both performance and investor perception.