Heirs Insurance Group (HIG) reported a strong 89 percent growth in gross written premiums for 2025, reaching N115 billion, driven by a surge in its Heirs Life Assurance division. Despite this top-line success, the group’s profit before tax fell to N9.53 billion from N11.2 billion in 2024, impacted by macroeconomic headwinds and foreign exchange volatility. The group significantly scaled its operations, with total assets rising to N169.7 billion and claims payments increasing by 87 percent to N19.4 billion.