Linkage Assurance profit rise 31% to ₦4.09bn as assets cross ₦100bn

Linkage Assurance Plc make profit after tax of ₦4.09bn in di nine months to September 2026, e go up 31 per cent from ₦3.12bn for di same period last year, according to im unaudited results wey e file with di Nigerian Exchange Limited.

Profit before tax rise 29 per cent to ₦4.32bn from ₦3.34bn, di company talk.

Di insurer total assets climb 31 per cent to ₦100.83bn as of September 30, 2026, from ₦76.90bn for di end of December 2025.

For one ordinary policyholder, di numbers matter for two places: how quick claims dey get paid, and wetin cover cost. Linkage pay out ₦5.59bn in gross claims during di period, e go up from ₦4.02bn last year, as claims and oda insurance costs rise.

Insurance revenue grow six per cent to ₦20.55bn from ₦19.30bn.

Where di profit come from

Plenty of di gain come from outside di main insurance business. Investment and oda income rise 27 per cent to ₦7.71bn from ₦6.05bn, and dat one help cushion di higher claims.

Managing Director and CEO Daniel Braie talk say di company 2026 focus na on consolidation, with emphasis on business growth, operational excellence, financial excellence, and customer and people development.

E talk say di strategy go guide efforts to raise market share for profitable segments while e dey improve customer experience for one competitive market.

Braie also point to technology and digital transformation as key to growth, especially for direct and personal insurance customers.

On motor insurance, e talk say Linkage go offer different options based on customer risk exposure and how e wan and fit pay.

Wetin go happen next

Di results come as Nigeria insurance industry dey adjust to di recapitalisation exercise, wey don raise expectations for stronger underwriting capacity, faster claims settlement and more sustainable growth.

Linkage nine-month figures na unaudited. Shareholders and analysts go look di full-year results to confirm di trend.