Insurance stocks have quietly become one of the hottest corners of the Nigerian market in 2025.
The NGX Insurance Index, which tracks 15 of the sector’s most capitalized and liquid players, has surged by 82% YtD, second only to the Consumer Goods Index, and well ahead of the broader market’s 37% YtD gain.
Among the companies riding this wave are AXA Mansard Insurance and Cornerstone Insurance Plc.