VERITAS KAPITAL ASSURANCE PLC

Veritas Kapital Assurance PLC, a prominent Nigerian insurance company, traces its origins to 1973 when it was incorporated as a private liability company named Kano State Insurance Company. Over the years, the company underwent significant evolution, notably in 2007, when it merged with Global Commerce & General Insurance, Intercontinental Assurance, and Kapital Insurance to meet recapitalization requirements. Following this consolidation, it adopted its current identity, Veritas Kapital Assurance Plc, and subsequently became publicly listed on the Nigerian Stock Exchange in November 2009. The company maintains its headquarters in Abuja, Nigeria. The company primarily operates as a general (non-life) insurance carrier, offering a diverse array of products and services to individuals and institutions throughout Nigeria. Its core offerings include motor, fire and special perils, marine, aviation, engineering, oil and gas, agriculture, property, personal and group accidents, household, third-party, travel, workmen's compensation, and health insurance. Veritas Kapital Assurance Plc also extends its services into pension administration and healthcare, operating through distinct segments for Non-Life Business, Pension Administration, and Healthcare. The company's subsidiaries, Veritas Glanville Pensions Limited and Health Care Securities Limited, further support its broader financial services offerings.