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IEI Forecasts N868.5m Profit for Q1 2026 on Stronger Premiums and Improved Services

Business1 min read
IEI Forecasts N868.5m Profit for Q1 2026 on Stronger Premiums and Improved Services

Intern Energi Insur Plc (IEI) forecasts a profit of N868.5 million for the first quarter of 2026, driven by healthier premium growth and enhanced services in a stable regulatory environment. Despite a decline in profits in Q1 2025 compared to 2024, IEI anticipates a rebound in profitability.

The company expects to maintain its management structure to ensure operational performance and mitigate major risks. IEI also foresees benefits from mandatory insurance policies in the construction sector.

Moyosor Adesina, a financial journalist, reported on IEI's positive outlook.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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