AIICO Insurance coverage reported a pretax revenue of N19.8 billion for 2025, up 24.86% from N15.9 billion in 2024, pushed by robust insurance coverage income, based on its 2025 full-year unaudited outcomes.
The fourth quarter contributed N3.9 billion to the entire, up from N1.2 billion in the identical interval final yr, as each insurance coverage and funding revenue grew.
The corporate noticed heightened insurance coverage exercise, with acquired premiums rising to N189.2 billion from N156.1 billion, whereas claims paid elevated to N93.5 billion.
Total, AIICO’s outcomes present robust efficiency in each underwriting and funding, supported by rising demand within the insurance coverage market.
The group’s insurance coverage income for FY 2025 grew to N137.6 billion, earlier than service bills of N94.5 billion and internet reinsurance prices of N33.5 billion weighed on the highest line.
Because of this, the insurance coverage service consequence settled at N9.5 billion, a powerful turnaround in comparison with the N3.0 billion loss recorded in 2024.
Funding revenue, largely from efficient curiosity, reached N60.5 billion, up N41 billion year-on-year, with curiosity from investments accounting for 98% of the entire.
However, bills from insurance coverage contracts totaled N59.5 billion, leaving a mixed internet insurance coverage and funding results of N34.06 billion, up N22.8 billion from the prior yr.
After accounting for different bills of N17.4 billion, the group reported a pretax revenue of N19.8 billion, representing a 24.86% improve year-on-year.
On the steadiness sheet, whole belongings stood at N579.6 billion, up from N416.4 billion in 2024. Complete fairness rose to N94.9 billion from N67.8 billion, with retained earnings of N41.8 billion, up 39.45%, reflecting robust progress throughout the group’s {financial} place.
Shares of AIICO Insurance coverage have but to totally reply to the corporate’s robust full-year outcomes. As of mid-trading on 5 February 2026, the inventory was down 1.90%, buying and selling at N4.12.
Regardless of the dip, the corporate’s optimistic fundamentals—together with robust insurance coverage income progress, improved funding revenue, and a major rebound in pretax revenue—could appeal to buyers in search of additional upside within the coming periods.
