The Nigerian insurance sector has shown remarkable performance in 2025, with the NGX Insurance Index delivering a year-to-date gain of 74.18%, making it the second-best performing sector after consumer goods. Below is a list of the top 10 best-performing insurance stocks in Nigeria for 2025 so far, based on year-to-date returns as reported by Nairametrics on August 10, 2025:
- Mutual Benefits Assurance Plc – 378.69%
- Trading began in March at N0.61, surged 72% that month, and reached N2.92 by August, driven by a 44.58% increase in insurance revenue to N41.1 billion and a 38.09% rise in premiums to N47.2 billion in H1 2025.
- NEM Insurance Plc – 201.37%
- Started at N10.95, climbing to N33 by August with an 84% surge in Q3. H1 financials showed premiums up to N96.8 billion and insurance revenue soaring 65.86% to N75.4 billion.
- AIICO Insurance Plc – 144.76%
- Opened at N1.43, reaching N3.50 by August. Q3 saw significant gains, with H1 2025 insurance revenue up 34% to N65.4 billion and premiums up 8.17% to N94 billion.
- Sovereign Trust Insurance Plc – 142.86%
- Began at N1.12, dipping to N0.98 in Q1 but rallying 102.99% in Q3. H1 2025 reported a 45% increase in insurance revenue to N34 billion and a 36% rise in pretax profit to N1.5 billion.
- Custodian Investment Plc – 136.55%
- Started at N17.10, peaking at N36 in July. H1 2025 showed insurance service revenue up to N89.3 billion from N60.9 billion, with pretax profit at N30.4 billion.
- Linkage Assurance Plc – 109.49%
- Opened at N1.07, with a 60%+ gain in Q3. H1 2025 reported insurance revenue up 16.18% to N12.5 billion and premiums at N15.9 billion, with claims down to N2.8 billion.
- International Energy Insurance Plc – 85.53%
- Began at N1.70, dipping to N1.45 in April but reaching over N3 by August. Q3 targets include a gross premium of N7.6 billion and a pretax profit of N1.5 billion.
- AXA Mansard Insurance Plc – 78.66%
- Started at N8.20, climbing to N14 by August. H1 2025 results showed insurance revenue at N81.1 billion, up from N65.6 billion, with premiums up 21.67% to N98.2 billion.
- Cornerstone Insurance Plc – 77.78%
- Opened at N3.60, dipping to N3.07 in April but hitting N4.28 by June. August saw a 39% gain, with H1 2025 insurance revenue up 44.37% to N24.4 billion.
- Regency Alliance Plc – 69.33%
- Began at N0.75, sliding to N0.59 in April but gaining 58.8% in August. Q3 2025 projects a pretax profit of N1.06 billion on revenue of N5.8 billion.
Note: These figures and rankings are specific to the Nigerian market, as tracked by the NGX Insurance Index, and reflect performance up to August 10, 2025.
For U.S.-based insurance stocks, data from StatMuse Money indicates that Root Inc. (ROOT) has been the top performer in the U.S. insurance industry, with a year-to-date return of 16.5% as of August 10, 2025. Other notable U.S. performers include:
- Oscar Health (OSCR) – 16.06%
- Citizens (CIA) – 13.79%
- Selectquote (SLQT) – 12.47%
- Oxbridge Re (OXBR) – 8.94%
For a broader perspective, posts on X highlight Lemonade (LMND) with a 208% year-over-year return, followed by Hippo (HIPO) at 91% and Root (ROOT) at 68%.
Disclaimer: Past performance is not a guarantee of future results. Investors should conduct thorough research and consider market conditions, regulatory factors, and individual risk tolerance before investing. For more details on U.S. stocks, you can explore sources like WallStreetZen or StatMuse Money, and for Nigerian stocks, refer to Nairametrics.