Nigeria’s insurance sector continues to show signs of growth despite economic challenges. One of the country’s leading insurance companies, NEM Insurance Plc, has announced ambitious financial projections for 2026, targeting a remarkable ₦136.19 billion in insurance revenue.
Nigeria’s insurance industry closed Q3 2025 on a broadly positive note, as gross insurance revenue rose and investment income strengthened among leading underwriters — even as profitability remained mixed. The gains came despite macroeconomic headwinds, including rising costs and higher claims. Coronation Insurance: Revenue Surge Amid Underwriting Pressures









