{
  "id": 17788498,
  "title": "Linkage Assurance Grows Profit by 31% in Nine Months",
  "url": "https://urgent.news/2026/11/02/linkage-assurance-grows-profit-by-31-in-nine-months",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T11:43:01.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/11/02/linkage-assurance-grows-profit-by-31-in-nine-months-2/"
  },
  "original_language": "en",
  "account": "Linkage Assurance Plc, a Nigerian insurance company, experienced a significant increase in profits over the last nine months, growing by 31% to reach N4.09 billion after tax. This growth was driven by a rise in investment and other income, which increased by 27% to N7.71 billion. The company's total assets also expanded by 31% to N100.8 billion, despite operating in a challenging environment. The insurer's performance was backed by a six% increase in insurance revenue, reaching N20.55 billion, as it continued to meet its obligations to customers. Linkage Assurance Plc's Managing Director/CEO, Daniel Braie, outlined the company's strategic focus for 2026, emphasizing consolidation, business growth, operational excellence, and customer and people development. Braie highlighted the importance of technology and digital transformation in improving products and services for direct and personal insurance customers, as the company seeks to increase its market share in profitable business segments and enhance customer experience in a highly competitive insurance market. The company's nine-month results come as Nigeria's insurance industry enters a new phase following a recapitalisation exercise, which has raised expectations for stronger underwriting capacity, improved claims settlement, and more sustainable business growth.",
  "summary": "Deborah Ndinorouba Linkage Assurance Plc grew its profit after tax(PA) by 31 per cent to N4.09 billion in the nine months ended September 2026, while its total assets climbed to",
  "key_points": [
    "Linkage Assurance Plc's profits grew by 31% to N4.09 billion in nine months",
    "Investment and other income increased by 27% to N7.71 billion",
    "Total assets expanded by 31% to N100.8 billion despite challenging environment"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}