Fortis Global Insurance is a small Nigerian insurer in the middle of a deep restructuring. Its latest audited accounts show a company that grew its insurance sales but swung to a heavy loss. Full nameFortis Global Insurance Plc Tickers / exchangeFTGINSURE / Nigerian Exchange (XNSA) Headquarters20C Akin Ogunlewe Street, Victoria Island, Lagos, Nigeria SectorInsurance EmployeesNot published in available sources Market valueNot published in available sources Yearly sales (insurance revenue)₦535,952,000 (US$403,700) — 2025 Net profitLoss of ₦1,889,753,000 (US$1,423,300) — 2025 Net marginNegative — loss after tax (our calculation) Return on equityNegative …
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