Capital Express Assurance is increasing its assets to N12.8 billion by 2021. The announcement was made by the company's chairman, Otunba Ademola Adenuga at the 21st Annual General Meeting (AGM).

Capital Express Assurance Limited announced that it has increased its total assets to N12.858 billion in the year ending December 31, 2021. The increase is estimated at 1.19% over the N11.95 billion recorded in the previous year. According to Otunba Ademola Adenuga, the company had recorded a profit after tax of N90.68 million, an increase of 33.6 compared to 67.88 million naira earned in 2020, while total equity increased by 16.6% from 5.37 billion naira to 6.26 billion naira. Claims expenses increased slightly to N2.98 billion.