AIICO Insurance Plc has reported a 54 percent year-on-year rise in its investment income, driven by higher returns on fixed-income securities and a rebound in fair value adjustments.
According to the company’s financial statement, investment income stood out as the major driver of earnings, rising to N27.9 billion in the first half of 2025, compared to N18.1 billion in H1’2024.
The Group recorded a net fair value gain of N4.6 billion, contrasting sharply with the N11.4 billion loss posted in the prior period, underscoring effective portfolio positioning amid volatile markets.