Stock SOVRENINS SOVEREIGN TRUST INSURANCE PLC
Add to a list
To use this feature you must be a member
Log inSign up

Company Sovereign Trust Insurance Plc

Equities

SOVRENINS

NGSOVRENINS5

Property & Casualty Insurance

End-of-day quote Nigerian S.E.
Other stock markets
 06:00:00 2024-04-23 pm EDT 		5-day change 1st Jan Change
0.4 NGN -9.09% Intraday chart for Sovereign Trust Insurance Plc -9.09% -4.76%
Jan. 31 Sovereign Trust Insurance Plc Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023 CI
2023 Sovereign Trust Insurance Plc Reports Earnings Results for the Nine Months Ended September 30, 2023 CI

Business Summary

Sovereign Trust Insurance Plc is a non-life insurance group organized around 6 areas of activity:

- energy insurance (35.9% of gross written premiums);

- motor insurance (18.9%);

- fire and property insurances (15.2%);

- contractors' all risks and engineering insurances (13.7%);

- marine and aviation insurances (8.6%);

- accident insurance (7.7%).

All gross written premiums are in Nigeria.

Number of employees: 146

Sales per Business

NGN in Million2021Weight2022Weight Delta
Motor
27.9 %
2,700 33.5 % 2,184 27.9 % -19.11%
Fire and Property
20.9 %
1,254 15.6 % 1,637 20.9 % +30.59%
Car and Engineering
17.8 %
1,422 17.7 % 1,390 17.8 % -2.26%
Oil and Gas
17.6 %
1,323 16.4 % 1,378 17.6 % +4.20%
Marine and Aviation
9.1 %
768 9.5 % 713 9.1 % -7.21%
General Accident
6.7 %
589 7.3 % 523 6.7 % -11.17%

Sales per region

NGN in Million2021Weight2022Weight Delta
Nigeria
100.0 %
8,056 100.0 % 7,825 100.0 % -2.86%

Managers

Managers TitleAgeSince
Olaotan Soyinka CEO
 Chief Executive Officer - 98-02-28
Kayode Adigun DFI
 Director of Finance/CFO - 96-12-31
Jude Modilim CTO
 Chief Tech/Sci/R&D Officer - -
Emmanuel Anikibe CTO
 Chief Tech/Sci/R&D Officer - -
Olalekan Oguntunde CTO
 Chief Tech/Sci/R&D Officer - 05-12-31
Sanni Oladimeji CMP
 Compliance Officer - 95-02-28
Ugochi Odemelam BRD
 Director/Board Member - 94-12-31
Segun Bankole IRO
 Public Communications Contact - 07-10-31
Samuel Oseni AUD
 Comptroller/Controller/Auditor - -
Victoria Eze PRN
 Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Oluseun Ajayi CHM
 Chairman - -
Ugochi Odemelam BRD
 Director/Board Member - 94-12-31
Jude Modilim CTO
 Chief Tech/Sci/R&D Officer - -
Olaotan Soyinka CEO
 Chief Executive Officer - 98-02-28
Musa Shehu BRD
 Director/Board Member - 11-09-07
Emi Faloughi BRD
 Director/Board Member - -
Abimbola Oguntunde BRD
 Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 11,364,496,828 6,803,039,820 ( 59.86 %) 0 59.86 %

Company contact information

Sovereign Trust Insurance Plc

17 Adetokunbo Ademola Street Victoria Island

101241, Lagos

+

http://www.stiplc.com
address Sovereign Trust Insurance Plc(SOVRENINS)

Sector

Financials
Insurance
Insurance
Property & Casualty Insurance
Other Property & Casualty Insurance

Sales per Business

Sector Other Property & Casualty Insurance

1st Jan change Capi.
SOVEREIGN TRUST INSURANCE PLC Stock Sovereign Trust Insurance Plc
-4.76% 5.09M
TOKIO MARINE HOLDINGS, INC. Stock Tokio Marine Holdings, Inc.
+36.78% 61.38B
AMERICAN INTERNATIONAL GROUP, INC. Stock American International Group, Inc.
+10.66% 50.51B
THE TRAVELERS COMPANIES Stock The Travelers Companies
+12.04% 49.08B
THE ALLSTATE CORPORATION Stock The Allstate Corporation
+23.07% 46.23B
ARCH CAPITAL GROUP LTD. Stock Arch Capital Group Ltd.
+25.47% 35.04B
INTACT FINANCIAL CORPORATION Stock Intact Financial Corporation
+8.35% 28.8B
MS&AD INSURANCE GROUP HOLDINGS, INC. Stock MS&AD Insurance Group Holdings, Inc.
+49.40% 28.35B
FAIRFAX FINANCIAL HOLDINGS LIMITED Stock Fairfax Financial Holdings Limited
+20.84% 24.72B
SAMPO OYJ Stock Sampo Oyj
+1.94% 21.85B
Other Property & Casualty Insurance
  1. Stock Market
  2. Equities
  3. SOVRENINS Stock
  4. Company Sovereign Trust Insurance Plc