NEM Insurance Plc (NGX: NEM)

Market Cap	55.18B
Revenue (ttm)	62.13B
Net Income (ttm)	26.85B
Shares Out	5.02B
EPS (ttm)	5.35
PE Ratio	2.06
Forward PE	n/a
Dividend	0.60 (5.45%)
Ex-Dividend Date	n/a

Volume	374,689
Open	11.00
Previous Close	10.80
Day's Range	11.00 - 11.00
52-Week Range	5.50 - 11.75
Beta	n/a
Analysts	n/a
Price Target	n/a
Earnings Date	Jan 27, 2025

About NEM Insurance

NEM Insurance Plc provides general insurance products and services to corporate and individual customers in Nigeria. It offers corporate insurance products, such as motor, marine cargo and hull, aviation, oil and gas, engineering, computer and electronics, fidelity guarantee, and group personal accident insurance; personal insurance products, including goods in transit, fire and special perils, travel, motor, home protection, professional indemnity, and enhanced motor third party insurance; and SME products comprising burglary, product liabilit...

• Industry: Insurance Carriers
• Founded: 1948
• Employees: 219
• Stock Exchange: Nigerian Stock Exchange
• Ticker Symbol: NEM

Financial Performance

In 2023, NEM Insurance's revenue was 37.96 billion, an increase of 48.78% compared to the previous year's 25.51 billion. Earnings were 18.50 billion, an increase of 240.13%.