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Insurance World

Heirs Insurance Grows GWP to ₦115 Billion FY25, As Revenue Rose to N53.4bn

BY NKECHI NAECHE-ESEZOBOR Heirs Insurance Group has announced the audited financial results of its companies for the year ended December 31, 2025, delivering...

News

Mutual Benefits Rewards Shareholders with ₦803m Dividend as Revenue Hits ₦80 Billion

L-R: Managing Director/CEO, Mutual Benefits Life Assurance Ltd., Biyi Ashiru-Mobolaji; Managing Director/CEO, Mutual Benefits Assurance Plc, Olufemi Asenuga; Non-Executive Director, Adesoye Olatunji; Company...

Insurance World

H1 2026: Mutual Benefits Assurance Records 15.5% Asset Expansion to ₦204bn

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s retail insurance giant, Mutual Benefits Assurance Plc has reported 2.57 percent growth in Insurance Revenue to ₦42.25 billion  up from...

Insurance World

Sovereign Trust Insurance Boosts Asset Base by 43% to ₦40.47 Billion in H1 2026

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has released its unaudited financial results for the half-year ended June 30, 2026, showcasing significant balance sheet...

Insurance World

Cornerstone Insurance Strengthens Balance Sheet, Declares 28 Kobo Dividend

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s leading underwriter, Cornerstone Insurance Plc, has strengthened its financial position after posting solid growth across key performance indicators for the...

Insurance World

Guinea Insurance Projects ₦2.78bn Profit After Tax for Q3 2026

BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has released its forecast income statement for the third quarter ending September 30, 2026, projecting a profit after...

Insurance World

FBS Reinsurance Grows Premium Income by 32%, Retains Stable GCR Ratings

BY NKECHI NAECHE-ESEZOBOR—Reinsurance Limited, one of Nigeria’s indigenous reinsurance companies, has reported a strong financial performance for the 2025 financial year, with significant...

Insurance World

Mutual Benefits Assurance Reports ₦80bn Revenue, Expands Assets to ₦176bn

BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has released its audited financial results for the year ended December 31, 2025, reporting a 19.6 per...