Mutual Benefits Logs Strong Growth in Its Underwriting Operations During the Financial Year Ended 31 December

Mutual Benefits recorded substantial improvements in its capital and solvency position as of 31 December 2025.

Mutual Benefits recorded strong growth in its underwriting operations during the financial year ended 31 December 2025.

Gross written premiums increased by 26.7 percent year-on-year to N52.7 billion, with motor insurance remaining the company’s largest underwriting segment, accounting for 34.4% of its portfolio.

expects the continued strengthening of Mutual Benefits’ underwriting activities, alongside a moderation in currency-related valuation swings, to support the company’s profitability in the near term.