Sanlam Life Insurance Nigeria Ltd - Strategic SWOT Analysis Review

Sanlam Life Insurance Nigeria Ltd - Strategic SWOT Analysis Review

- provides a comprehensive insight into the company’s history, corporate strategy, business structure and operations. The report contains a detailed SWOT analysis, information on the company’s key employees, key competitors and major products and services.

This up-to-the-minute company report will help you to formulate strategies to drive your business by enabling you to understand your partners, customers and competitors better.

Scope

• Business description – A detailed description of the company’s operations and business divisions.
• Corporate strategy – GlobalData’s summarization of the company’s business strategy.
• SWOT analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
• Company history – Progression of key events associated with the company.
• Major products and services – A list of major products, services and brands of the company.
• Key competitors – A list of key competitors to the company.
• Key employees – A list of the key executives of the company.
• Executive biographies – A brief summary of the executives’ employment history.
• Key operational heads – A list of personnel heading key departments/functions.
• Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details.

Highlights

Sanlam Life Insurance Nigeria Ltd (SLIN), formerly, FBN Insurance Ltd (FBN Insurance), is a life insurance company. The company offers a range of life insurance products and services to individual and corporate clients. Its portfolio of products include credit life assurance plan, group welfare plan, group life assurance plan, keyman assurance plan, mortgage protection plan, term assurance plan, tuition protection plan and welfare protection assurance plan. It also offers flexiedu plan, flexisave plan, flexicash plan, family income protection plan, family shield plan, guaranteed lifetime retirement plan, and personal retirement plan. FBN Insurance is headquartered in Lagos, Nigeria.

The company reported a gross premium written of NGN53,289.2 million for the fiscal year ended December 2022 (FY2022), an increase of 11.2% over that in FY2021. Its net premium income was NGN45,979.3 million in FY2022, an increase of 9% over that in FY2021.

Reasons to Buy

• Gain key insights into the company for academic or business research purposes. Key elements such as SWOT analysis and corporate strategy are incorporated in the profile to assist your academic or business research needs.
• Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services and business strategy.
• Understand and respond to your competitors’ business structure and strategies with GlobalData’s detailed SWOT analysis. In this, the company’s core strengths, weaknesses, opportunities and threats are analyzed, providing you with an up to date objective view of the company.
• Examine potential investment and acquisition targets with this report’s detailed insight into the company’s strategic, business and operational performance.

Note:Some sections may be missing if data is unavailable for the company.