Lasaco Assurance Raises N11.1bn Fresh Capital Ahead Of Recapitalisation

Leadership | 24-10-2025 09:13pm |

Lasaco Assurance Plc has compensated policyholders who suffered losses on their insured risks in 2024, totalling N13.1 billion. This insurer, which recently raised an additional N11.1 billion to meet the July 2026 recapitalisation target for the insurance industry, paid its claimants after they suffered disasters on their insured assets and lives, respectively, in a move

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