LASACO Assurance Plc
LASACO Assurance mulls N10 billion additional capital for tier 1 status
LASACO Assurance Plc is planning to raise additional N10 billion capital from its existing shareholders and new ones, as part of plans to attain a Tier 1 status, under the new Tier-Based Minimum Solvency Capital (TBMSC).
Insurer urges regulator to protect sector from unethical practices
Lasaco Assurance Plc has introduced an instant rescue solution, which provides free towing service for vehicles with severe damage, particularly for vehicle owners insured by the company and generally, for motorists operating within major parts in Lagos State. Besides, as a strategy of boosting its customer satisfaction, it has evolved a speedy and more responsive…
Insurer boosts shareholders’ confidence with N6.6b premium income
The Gross Premium Income of LASACO Assurance Plc has risen by 10 per cent to N6.6 billion in its 2017 financial year from N6 billion in the preceding year, while shareholders’ fund also rose to N8.15 billion in the review period, from N7.85 billion in 2016.
LASACO settles N85m claims to relations of dead Lagos workers
The Lagos State Head of Service, Folashade Adesoye, at the cheque presentation to beneficiaries of the deceased workers in Lagos, said GLIP is part of the staff welfare programme provided by the State Government for its public service workers.
LASACO resumes sale of annuities business
Customers of LASACO Assurance Plc no longer have to worry much about old age and life after retirement, as the firm has resumed the underwriting of Annuity policies that would make beneficiaries earn salaries for a certain period after leaving office.