Company Sovereign Trust Insurance Plc

SOVRENINS

NGSOVRENINS5

Property & Casualty Insurance

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Company contact information

Sector

Sales per Business

Sector Other Property & Casualty Insurance

End-of-day quote Nigerian Stock Exchange Other stock markets 06:00:00 2023-12-06 pm EST			5-day change	1st Jan Change
0.36 ^NGN	0.00%		0.00%	+28.57%

Nov. 03	Sovereign Trust Insurance Plc Reports Earnings Results for the Nine Months Ended September 30, 2023	CI
Jul. 29	Sovereign Trust Insurance Plc Reports Earnings Results for the Half Year Ended June 30, 2023	CI

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

NGN in Million	2021	Weight	2022	Weight	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%

NGN in Million	2021	Weight	2022	Weight	Delta
Nigeria 100.0 %	8,056	100.0 %	7,825	100.0 %	-2.86%

Managers	Title	Age	Since
Olaotan Soyinka CEO	Chief Executive Officer	-	1998
Kayode Adigun DFI	Director of Finance/CFO	-	1996
Jude Modilim CTO	Chief Tech/Sci/R&D Officer	-	-
Olalekan Oguntunde CTO	Chief Tech/Sci/R&D Officer	-	2005
Sanni Oladimeji CMP	Compliance Officer	-	1995
Ugochi Odemelam BRD	Director/Board Member	-	1994
Segun Bankole IRO	Public Communications Contact	-	2007
Samuel Oseni AUD	Comptroller/Controller/Auditor	-	-
Victoria Eze PRN	Corporate Officer/Principal	-	-
Emmanuel Anikibe PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Oluseun Ajayi CHM	Chairman	-	-
Ugochi Odemelam BRD	Director/Board Member	-	1994
Jude Modilim CTO	Chief Tech/Sci/R&D Officer	-	-
Olaotan Soyinka CEO	Chief Executive Officer	-	1998
Musa Shehu BRD	Director/Board Member	-	2011
Emi Faloughi BRD	Director/Board Member	-	-
Abimbola Oguntunde BRD	Director/Board Member	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	11,686,907,800	6,803,039,820 ( 58.21 %)	0	58.21 %

Sovereign Trust Insurance Plc

17 Adetokunbo Ademola Street Victoria Island

101241, Lagos

http://www.stiplc.com

address Sovereign Trust Insurance Plc(SOVRENINS)

Financials

Property & Casualty Insurance

Other Property & Casualty Insurance

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