Linkage Assurance Grows Revenue to N27.6bn in 2025

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Linkage Assurance Plc boosted its revenue by 24 per cent to N27.6 billion, reflecting a strong performance in the 2025 financial year.

The company’s unaudited financial statements for the period ending 31 December 2025, submitted to the NGX, reflect an improvement compared to the N22.2 billion reported for the same period in 2024.

By December 2025, the insurance service result had risen to N1.7 billion, up from N766.9 million the previous year, thanks to higher insurance revenue of N5 billion and better reinsurance optimisation.

Thanks to strong growth in revenue and service performance, the Profit Before Tax (PBT) for the review period reached N4.32 billion, while the Profit After Tax (PAT) came in at N4.02 billion for the 2025 financial year.

Looking ahead, Linkage Assurance Plc stated it will keep executing its strategy in alignment with its strategic goals and the year’s theme.

“In 2025, our theme was Consolidation, guiding our strategic focus across four key pillars: business growth, operational excellence, financial excellence, and the development of both customers and people,” the company said.

“Consequently, during the year, the identified strategic focus served as a compass in our quest to navigate the highly competitive insurance market, increase our market share in the most profitable sectors, and deliver excellent customer experience to all our clients,” the company further stated.

“As part of our agile strategy, we leveraged on technology to improve our products and services, especially for our direct and personal clients. This formed part of our broader digital transformation initiatives.”

“In addition, having recognised the impact of certain product lines, such as motor insurance, on our portfolio, we are positioned to offer clients different motor insurance options based on their risk exposure, willingness, and ability to pay.”

“We will also continue to leverage the positive impact of our ongoing brand rejuvenation and awareness campaigns targeted at the insuring public. This will be reinforced by our customer value propositions.”

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