adsConsolidated Hallmark Holdings Plc has declared a total dividend payout of 25 kobo per ordinary share for the financial year ended December 31, 2025, the highest in the company’s history, following a robust operational performance despite Nigeria’s challenging economic climate.
Speaking at the Group’s 3rd Annual General Meeting in Lagos, Shuaibu A. Idris, chairman of the board, said the company sustained its growth momentum through disciplined operations, stronger underwriting performance and prudent risk management strategies.
He disclosed that operating and other non-insurance income surged by 61 per cent from N4.09 billion in 2024 to N6.59 billion in 2025, while insurance revenue climbed by 47 per cent to N43.27 billion from N29.42 billion recorded in the previous year.
According to him, the Group’s net insurance service result more than doubled, rising by 121 per cent from N3.10 billion in 2024 to N6.85 billion in 2025 after settling claims, reinsurance costs and other underwriting obligations.
Although profit before tax declined to N8.44 billion from N22.65 billion in 2024, Idris attributed the drop to the sharp mark-to-market revaluation of the Group’s capital market investments rather than weaknesses in core operations.adsads
