Tags: Lasaco Assurance Plc

Lagos Pays over N585m Insurance Benefits to Families of Deceased Public Servants

The Lagos State Government, in conjunction with LASACO Assurance PLC, has presented cheques worth N585,191,875.52 to 277 beneficiaries of deceased public servants, who died while in active service of the State Government. Addressing the beneficiaries at the presentation ceremony, the Head of Service, Mr. Hakeem Muri-Okunola, stated that the payment of death benefits to the…

Lasaco Meets The Recapitilisation Deadline

Lasaco Assurance Plc, under the new leadership of Chief Mrs Teju Philips, has scaled the first hurdle of the recapitalisation exercise for insurance and reinsurance companies mulled by the National Insurance Commission (NAICOM) for the strengthening of the financial bases of underwriters. The Company met the 31st December 2020, deadline given to underwriters to recapitalise…