Company Information

Get to know Sunu Assurances Nigeria

Sunu Assurances Nigeria Plc, formerly Equity Assurance Plc, was incorporated in 1984 and commenced operations in 1985. It is a publicly quoted company and a member of the pan-African SUNU Group, a leading insurance group with operations in over 17 African countries. The company is dedicated to providing a comprehensive portfolio of non-life insurance products, including motor, fire, general accident, marine, aviation, and oil & gas policies, with a mission to be a leading African insurance company recognized for its client-centric approach and quality service delivery.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Sunu Assurances Nigeria

Nigeria

Founded in

13 Dec 1984 (41 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.