…reaffirms commitment to customers
NSIA Insurance Limited has announced a strong financial performance for the 2025 financial year, reinforcing its position as one of Nigeria’s leading general insurance companies and demonstrating its resilience, financial strength, and commitment to creating lasting value for customers and shareholders.
The Company recorded Insurance Revenue of N33 billion, representing an 18 percent year-on-year growth, while Profit After Tax increased to N2 billion. Total assets also grew to N53 billion, reflecting a stronger balance sheet and enhanced financial capacity to support future growth.
In keeping with its promise to stand by customers when they need it most, NSIA Insurance paid N18 billion in claims during the year, a 29 percent increase over the previous year. This brings the Company’s cumulative claims payment over the last four years to N47.9 billion, underscoring its unwavering commitment to honouring obligations promptly and supporting individuals and businesses through unexpected losses.
Shareholders also continued to benefit from the Company’s disciplined growth strategy. Shareholders’ funds increased from N13.6 billion in 2021 to N23.7 billion in 2025, representing a growth of more than 74 percent in four years, reflecting prudent capital management, consistent profitability, and a strong focus on long-term value creation.
