Written by Rosemary Iwunze
Insurance income for Linkage Assurance Plc increased by 24% to N27.6 billion in the 2025 fiscal year from N22.2 billion during the same period in 2024.
The company’s unaudited financial statements for the year ending December 31, 2025, which are accessible to investors and shareholders on the NGX, provide this information.
Additionally, the insurance service result increased from N766.9 million in the previous year to N1.7 billion as of December 2025.
The corporation claims that better reinsurance optimization and a N5 billion rise in insurance revenue drove performance. The performance demonstrates consistent momentum in core operations and improved service delivery, indicating a notable increase in revenue and service outcomes.
Profit after tax (PAT) for the 2025 fiscal year was N4.02 billion, while profit before tax (PBT) at the end of the review period was N4.32 billion.
In the future, Linkage Assurance Plc stated that it will keep carrying out its plan in accordance with its theme and strategic emphasis for the year.
“Our theme for 2025 was Consolidation, and that informed our strategic intent across four pillars: business growth, operational excellence, financial excellence, and customer and people development,” the corporation added.
