NEM Insurance Forecasts Strong Growth in Q1 2026, Reinforcing Position in Nigeria's Insurance Market

NEM Insurance has reaffirmed its growth momentum with a forecast for the first quarter of 2026. The company projects total assets to reach 177.279 billion, insurance revenue to hit 65.256 billion, and profits before tax to amount to 13.158 billion.

NEM Insurance attributes its success to sustained operational efficiency, strong underwriting performance, prudent risk management, and effective investment strategies. The company's commitment to wealth creation for shareholders is evident through the payment of dividends totaling 5.02 billion in 2024.

The unaudited third-quarter results for 2025 showcased a significant rise in total assets to 165.46 billion, reflecting a robust growth trajectory. NEM Insurance's consistent growth, strong capital position, reliable dividend history, and favorable industry outlook position it as a resilient player in Nigeria's insurance market.