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Insurance Alpha: Custodian, NEM, and Mutual Benefit Top Peers by Profit

Even amid claims inflation which validates a challenging environment, some insurers such as Custodian, NEM, and Mutual Benefit have remained profitable, as they are...

Fortis Global Returns to Profit on N7.64bn Fair Value Gain

The financial restructuring carried out by the owners of Fortis Global Insurance Plc has paid off as the company is returned to the path...

Mutual Benefit Assurance Profit Surges on Strong Product Demand

The innovative products that Mutual Benefit Assurance Plc launched into the market have translated into bottom line (profit) growth even amid a challenging environment. For...

AIICO Insurance Q3 Earnings Surge, Highlights Robust Financial Position and Solvency

AIICO Insurance Plc high solvency ratio instils confidence in investors that it has the financial strength to pay claims, meet future contingencies and business...

Lasaco Assurance Posts First Loss in Over a Decade Amid Operating Pressures

It is an oddity to shareholders of Lasaco Assurance Plc has recorded its first loss after tax in more than a decade as increased...

Coronation Insurance Q3 Profit Slumps on Rising Costs and Foreign Exchange Losses

Coronation Insurance Plc has capitulated to rising inflation and currency pressures as profit fell for the insurer, which incurred foreign exchange revaluation loss. This exceptional...

NEM Insurance Profit Jumps 51.29% as Operational Efficiency Improves

NEM Insurance Plc has proved resilient despite economic turbulence as the non-life insurer continues to leverage technology to drive consistent profit growth. For instance, for...

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced the winners of the 4th edition of the Heirs Insurance Essay Championship, a nationwide competition...

Earnings From Associate Firms Lift Royal Exchange Profit

Earnings from associate companies are pivotal to Royal Exchange Plc profit growth as the company seeks to be a Tier-One insurance company in the...

IEI Insurance Sees Profit Drop Amid Weakness in Motor Underwriting

International Energy Insurance (IEI) Plc, the general insurance business with a focus on oil and energy, had its profit slump on the back of...

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