NEM Insurance Plc reported a 16.8 percent growth in profit after tax to N18.09 billion for the half-year ended June 30, 2026, up from N15.48 billion in the prior-year period. While insurance revenue dipped by 4.3 percent to N72.20 billion, the company’s bottom line was bolstered by a 49.7 percent increase in net investment results, driven by strong fair value gains on quoted equities and higher interest income. The company also strengthened its regulatory position ahead of the NAICOM recapitalisation deadline, significantly increasing its statutory deposit with the Central Bank of Nigeria. Total assets rose by 21 percent to N193.67 billion, while total equity grew by 24.5 percent to N94.57 billion.