The audited financial results for the year that concluded on December 31, 2025, have been made public by NEM Insurance Plc. These results demonstrate a significant increase in both group and parent businesses’ assets and revenue.
At the group level, total assets increased from N124.23 billion in 2024 to N186.04 billion in 2025, a substantial increase of N61.81 billion. The company’s ongoing growth and improved investment base are reflected in this expansion.
In keeping with expanded underwriting operations and commitments, group liabilities also rose to N101.58 billion from N58.79 billion, while total equity increased to N84.46 billion from N65.44 billion the year before, highlighting greater shareholder value.
The Group’s overall revenue increased to N173.04 billion from N121.6 billion in 2024, a significant increase fueled by improved premium income and investment performance.
Profit Before Tax dropped to N27.98 billion from N33.7 billion during the period, while Profit After Tax was N23.9 billion from N29.24 billion the year before.
NEM Insurance Plc also reported significant growth in important balance sheet metrics at the Parent Company level.
While total liabilities increased to N94.59 billion from N56.49 billion in 2024, total assets increased to N178.59 billion in 2025 from N121.93 billion in 2024.
The parent company’s revenue increased from N119.88 billion to N165.72 billion, indicating continued business growth and enhanced operational effectiveness.
