Veritas Kapital Assurance returns to profit with ₦3.16 billion pre-tax result
Veritas Kapital Assurance reported 2025 pre-tax profit of ₦3.156 billion, compared with a ₦1.485 billion loss in 2024; net profit increased 86% to ₦3.046 billion.
- Publish date: 2026-10-18
- Category: Standards & Policy
- Original source: Nairametrics
- Reading time: 1 min read
Veritas Kapital Assurance returns to profit with ₦3.16 billion pre-tax result
Veritas Kapital Assurance reported 2025 pre-tax profit of ₦3.156 billion, compared with a ₦1.485 billion loss in 2024; net profit increased 86% to ₦3.046 billion.
The results were presented at the insurer’s annual meeting. Nairametrics noted that revenue and assets also declined, so the profit recovery alone does not establish business growth.