NEM Insurance Plc has released its audited financial results for the year ended 31 December 2025, showing strong growth in assets and revenue across its group and parent operations.
At the Group level, total assets rose significantly by N61.81bn to N186.04bn in 2025, up from N124.23bn recorded in 2024. This growth reflects the company’s continued expansion and strengthened investment base.
Group liabilities also increased to N101.58bn from N58.79bn, in line with higher underwriting activities and obligations, while total equity climbed to N84.46bn, compared to N65.44bn in the previous year, underscoring improved shareholder value.
The Group recorded a strong rise in total revenue, which grew to N173.04bn from N121.6bn in 2024, representing a substantial increase driven by enhanced premium income and investment performance.