Veritas Kapital Assurance Plc

NGX-VERITASKAP
Nigerian Stock Exchange
Insurance Carriers
Global Rank
#40589
Country Rank
#89
Market Cap
10.26 M
Price
0.00074
Change (%)
0.00%
Volume
8.45 M

Veritas Kapital Assurance Plc's latest marketcap:

10.26 M

As of 07/28/2025, Veritas Kapital Assurance Plc's market capitalization has reached $10.26 M. According to our data, Veritas Kapital Assurance Plc is the 40589th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap 10.26 M
Revenue (ttm) 7.2 M
Net Income (ttm) -3,238,100.14
Shares Out 13.87 B
EPS (ttm) 0
Forward PE 0.00
Ex-Dividend Date 09/11/2017
Earnings Date 07/28/2025
Market Cap Chart
Data Updated: 07/28/2025

Veritas Kapital Assurance Plc's yearly market capitalization.

Veritas Kapital Assurance Plc has seen its market value grow from ₦7.4 B to ₦15.67 B since 2014, representing a total increase of 111.87% and an annual compound growth rate (CAGR) of 7.36%.
Date Market Cap(₦) Market Cap(USD) Change (%) Global Rank
07/28/2025 ₦15.67 B $10.26 M -16.91% 40589
12/31/2024 ₦18.86 B $11.32 M 267.57% 37385
12/29/2023 ₦5.13 B $5.54 M 85% 39328
12/30/2022 ₦2.77 B $6.05 M -4.76% 37710
12/31/2021 ₦2.91 B $6.9 M 5% 36621
12/31/2020 ₦2.77 B $7.13 M 0% 33114
12/31/2019 ₦2.77 B $7.52 M -13.04% 29717
12/31/2018 ₦3.19 B $8.58 M -54% 28335
12/29/2017 ₦6.93 B $18.93 M 0% 25719
12/30/2016 ₦6.93 B $22.39 M 0% 22853

Company Profile

About Veritas Kapital Assurance Plc

Veritas Kapital Assurance Plc is a leading provider of non-life insurance products and services in Nigeria, catering to both individuals and institutions. The company operates across multiple segments, delivering tailored solutions to meet diverse insurance needs.

Business Segments

  • Non-Life Business: Offers a wide range of insurance products including aviation, marine, motor, oil and gas, fire, household, agriculture, and group/personal accident insurance.
  • Pension Administration: Engaged in the management and administration of pension fund assets.
  • Health Care: Provides health insurance solutions for individuals and groups.

Specialized Insurance Products

The company also offers specialized engineering insurance products such as:

  • Contractor’s all-risk insurance policies
  • Erection all-risk insurance policies
  • Machinery breakdown insurance

Company Background

Originally incorporated in 1973 as UnityKapital Assurance Plc, the company rebranded to Veritas Kapital Assurance Plc in April 2018. Headquartered in Abuja, Nigeria, it operates as a subsidiary of Veritas Capital Limited.

Frequently Asked Questions

MarketCapWatch.com ranks all listed companies worldwide, providing unique insights into market capitalization across industries. As one of the most comprehensive ranking platforms, it covers companies of all sizes and sectors.

Ranking

Copyright © 2025. All rights reserved

Important Disclaimer: All content provided on this website, including hyperlinked pages, related applications, forums, blogs, social media accounts, and other platforms ("the Site"), is for general informational purposes only and sourced from third-party providers. We make no guarantees regarding the accuracy, completeness, or timeliness of the content.

None of the information presented constitutes financial, legal, or professional advice. Users should conduct their own research, evaluation, and verification before making any decisions. Investing and trading carry significant risks that may lead to substantial losses. Therefore, we strongly recommend consulting a qualified financial advisor before taking any action.