Heirs Insurance Group reports N115bn premium and launches retiree programme

Heirs Insurance Group has reported significant financial growth for the year ending December 31, 2025. The group achieved a gross written premium of N115 billion, marking an 88.5 percent increase from N61 billion in 2024. Total assets grew by 83 percent to N169.7 billion. Despite these gains, profit before tax saw a slight decrease to N9.53 billion due to macroeconomic challenges and foreign exchange volatility.

The group paid N19.4 billion in claims, an 87 percent increase from the previous year. Within the group, Heirs Life Assurance saw its gross written premium double to N88.59 billion, while its investment income increased by 430 percent.

In addition to financial performance, the group hosted its inaugural Heirs Insurance Retirees Meet-up in Lagos. The event provided over 1,000 retirees with health screenings, financial guidance, and networking opportunities. During the gathering, the company launched a rewards programme for annuitants to provide access to discounts through various health and lifestyle partners.