AIICO Insurance reported a pretax profit of N19.8 billion for 2025, up 24.86% from N15.9 billion in 2024, driven by strong insurance revenue, according to its 2025 full-year unaudited results.
The fourth quarter contributed N3.9 billion to the total, up from N1.2 billion in the same period last year, as both insurance and investment income grew.
The company saw heightened insurance activity, with received premiums rising to N189.2 billion from N156.1 billion, while claims paid increased to N93.5 billion.