Company Information

Get to know Lasaco Assurance

Incorporated in 1979 and commencing operations in 1980, Lasaco Assurance Plc is a composite insurance company operating in Nigeria. Originally known as Lagos State Assurance Company Limited, it became a public limited company in 1991 with its shares listed on the Nigerian Stock Exchange. The company provides a wide range of insurance products and services covering both general (non-life) and life assurance, aiming to deliver innovative and customer-focused financial solutions.

Industry

Financial InsurancePRIMARY
Financial Other Service

Contact

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Lasaco Assurance

Nigeria

Founded in

1979 (47 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.