WorldStage– Linkage Assurance Plc has announced a 26.9% decline in profit after tax (PAT) to N4.02 billion on its unaudited 2025 financial year from N5.5 billion in the previous year, in spite growth in the company’s core insurance operations.
According to a corporate disclosure by the company through the Nigerian Exchange Ltd, it reported a profit before tax (PBT) of N4.32 billion, down from N5.28 billion recorded in 2024.
Insurance revenue rose by 24 per cent to N27.6 billion in 2025, up from N22.2 billion in 2024.
The insurance service result increased to N1.7 billion from N766.9 million, driven by a N5 billion rise in revenue and improved reinsurance optimisation.
Total assets of the company grew to N70.2 billion from N65.7 billion, reflecting continued expansion in its operations.
The results underscored sustained momentum in core operations and enhanced service delivery across its insurance portfolios.
