Against the backdrop of challenging business environment and cut throat competition in the market, the company has continued to record a steady growth and improvement in performance over the years. The company’s performance has experienced remarkable improvements in the last three years as highlighted:
| Financial Performance | Financial Year (N) | ||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Gross Premium Written | 46,009,386,000 | 40,447,996,000 | 19,322,894,000 |
| Paid-Up Share Capital | 7,114,070,000 | 7,114,070,000 | 7,114,069,000 |
| Statutory Deposit | 315,000,000 | 315,000,000 | 315,000,000 |
| Total Assets | 27,828,735,000 | 27,965,676,000 | 22,760,888,000 |
| Net Claims Paid & Admitted | 5,860,736,000 | 4,204,256,000 | 2,991,976,000 |
| Profit Before Tax | 776,194,000 | 2,603,303,000 | 1,415,761,000 |
| Earnings Per Share | 4.17k | 16.31K | 8.95k |
| Dividend Per Share (DPS) | 0.5 | 0.5 | 0.03 |
Download Reports and Policies
- STI Annual Report & Account 2017
- STI Annual Report & Account 2018
- STI Annual Report & Accounts 2019_1 Full Version
- STI Annual Report & Accounts 2019_2 Full Version
- Stakeholder Management and Communication Policy
- STI Annual Report & Accounts 2020(Audited)
- FRC 2020 CORPORATE GOVERNANCE RETURN
- STI 2020 REPORT & ACCOUNTS
- STI Securities Trading Policy
- STI Complaint Management Policy
- STI 2021 FRC NCCG REPORT Policy
- 2024 STI PLC ARAA
- STI PLC 2022 ARAA (Reduction)
- STI 2021 ARAA