WAPIC - Coronation Insurance
Coronation Insurance Plc, founded as West African Provincial Insurance Company Limited and formerly known as Wapic Insurance Plc, is a Nigerian general insurance underwriter engaged in all classes of insurance, including life.
Coronation Insurance is listed on the Nigerian Stock Exchange (NGX) since August 31st, 1990. Coronation is traded on the NGX under the ticker symbol “WAPIC”. The International Securities Identification Number (ISIN) of NGX:WAPIC is NGWAPIC00004. Coronation Insurance is currently the 63rd most valuable stock on the NGX with a market capitalization of NGN 84.5 billion, which makes about 0.081% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 3.52 |
| Day’s High Price | 3.90 |
| Traded Volume | 2.96M |
| Number of Deals | 106 |
| Gross Turnover | 10.6M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 24B |
| Market Capitalization | 84.5B |
WAPIC Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +0.57% | +25.7% | +17.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| +46.1% | +29.9% | +8.31% |
The current share price of Coronation Insurance (WAPIC) is NGN 3.52. WAPIC closed its last trading day (Friday, January 9, 2026) at 3.52 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.4% drop from its previous closing price of 3.80 NGN. Coronation began the year with a share price of 3.25 NGN and has since gained 8.31% on that price valuation, ranking it 54th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about WAPIC knowing the stock has accrued 26% over the past four-week period alone—28th best on NGX.
Coronation Insurance is the 46th most traded stock on the Nigerian Stock Exchange over the past three months (Oct 10, 2025 - Jan 9, 2026). WAPIC has traded a total volume of 173 million shares—in 5,784 deals—valued at NGN 518 million over the period, with an average of 2.75 million traded shares per session. A volume high of 11.9 million was achieved on November 21st, and a low of 259,762 on October 16th, for the same period. The table below details the last 10 trading days of activity of Coronation Insurance on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2026-01-09 | 2,955,625 | 3.52 | -0.28 | -7.37% |
| 2026-01-08 | 3,638,699 | 3.80 | -0.20 | -5.00% |
| 2026-01-07 | 5,183,587 | 4.00 | ||
| 2026-01-06 | 4,681,115 | 4.00 | +0.15 | +3.90% |
| 2026-01-05 | 2,137,315 | 3.85 | +0.35 | +10.00% |
| 2026-01-02 | 1,845,822 | 3.50 | +0.25 | +7.69% |
| 2025-12-31 | 1,920,697 | 3.25 | ||
| 2025-12-30 | 5,581,530 | 3.25 | +0.02 | +0.62% |
| 2025-12-29 | 1,287,498 | 3.23 | +0.09 | +2.87% |
| 2025-12-24 | 503,683 | 3.14 |
Profile of Coronation Insurance Plc
Coronation Insurance Plc was founded on March 14, 1958 and operates in the Financials sector, specifically, the Insurance industry.
Factsheet of Coronation Insurance Plc
- Sector
- Financials
- Industry
- Insurance
- Address
- 119 Awolowo Road, Ikoyi, Lagos, Nigeria
- Telephone
- +234-709-882-1284
- Website
- www.coronation.ng
WAPIC Industrial Market Competitors
Coronation Insurance Plc, issuers of the WAPIC stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Insurance industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| CONHALLPLC | Consolidated Hallmark Holdings | 54.2B | 5.00 | +15.2% |
| MANSARD | AXA Mansard Insurance | 132B | 14.63 | +6.79% |
| REGALINS | Regency Alliance Insurance | 18.2B | 1.14 | +5.56% |
| FTGINSURE | Fortis Global Insurance | 2.58B | 0.20 | |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 29.3B | 5.05 | -8.18% |
| DEAPCAP | Deap Capital Management & Trust | 4.5B | 3.00 | +57.9% |
| MBENEFIT | Mutual Benefits Assurance | 79.8B | 3.98 | +28.4% |
| JAIZBANK | Jaiz Bank Plc | 251B | 5.62 | +23.5% |
| INTENEGINS | International Energy Insurance | 3.85B | 3.00 | +20% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 20.4B | 4.08 | +18.3% |
