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.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
IEI Shareholders Approve N17.5bn Capital Raise for Recapitalization Plan
AIICO Insurance Revenue Surges to N99.8bn in 9-Month Period
NEM Insurance Reports Decline in Q1 Profit Despite Increased Premium Income
NEM Insurance Reports Strong Q2 2025 Revenue of N75.41 Billion, Exceeds Minimum Capital Requirements
Cornerstone Insurance Forecasts N4.82 Billion Pre-Tax Profit for Q1 2026
Nigerian Insurance Companies Report 45% Drop in Profit to N78.77bn
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
