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Linkage Assurance records 74% growth in profit half year - Businessday NG

Linkage Assurance Plc delivered a strong earnings performance in the first half of 2026, with profit after tax rising by 74 percent to...

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businessday.ngStai leggendo3 g fa

Linkage Assurance records 74% growth in profit half year - Businessday NG

Linkage Assurance PAT jumped 74% to N3.11B in H1 2026, investment income (+70%) offsetting weak insurance revenue (+6%). Stalling operating leverage (expenses +42%, revenue +6%) signals African insurers deferring tech spending, pressuring IT vendor budgets.

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Linkage Assurance records 74% profit growth in H1

Linkage Assurance (Nigeria) delivered 74% profit growth in H1 2026 to N3.11bn, with 6% revenue growth. Investment income surged 70% via higher interest rates, offsetting underwriting margin compression—showing how insurers leverage fixed-income portfolios to boost returns.

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martedì 4 agosto 2026·businessday.ng
Linkage Assurance records 74% growth in profit half year - Businessday NG
Linkage Assurance Plc delivered a strong earnings performance in the first half of 2026, with profit after tax rising by 74 percent to...
mercoledì 5 agosto 2026·punchng.com
Linkage Assurance records 74% profit growth in H1
Linkage Assurance Plc delivered a strong earnings performance in the first half of 2026, with profit after tax rising 74 per cent to N3.11bn despite a