AIICO Insurance Revenue Surges to N99.8bn in 9-Month Period

AIICO Insurance Plc's unaudited report for the first nine months of 2025 shows a 29.7% year-on-year increase in group revenue to N99.8 billion. Premium written grew by 17.2% to N153.4 billion, with improved insurance service results leading to a normalized profit increase of 284.1% to N14.3 billion.

The company's CEO, Babatunde Fajemirokun, highlighted the positive results and emphasized a focus on sustaining momentum, deepening client relationships, and investing in technology for long-term shareholder returns.