Guinea Insurance Plc Returns to Profit After Loss in HY 2025

Guinea Insurance Plc reported a loss of N114.7 million in the first half of 2025, a significant decline from the profit of N251 million in 2024. The insurer had faced a profit drought but returned to profitability after two years.

Guinea Insurance's loss was attributed to various factors, leading to concerns among shareholders. The company is now planning to issue new ordinary shares to shore up its capital base.

Despite the recent loss, Guinea Insurance aims to regain stability and growth following a challenging period of consecutive losses.