Consolidated Hallmark Holdings Assets Rise by 33% As Profit Dip 63%

Consolidated Hallmark Holdings Plc released its audited 2025 financial results, with total assets increasing 33 per cent to N79 billion from N57 billion in 2024. Net profit declined 63 per cent to N8.4 billion, attributed to strategic reinvestments and market conditions. Shareholders’ funds rose 21 per cent to N42.1 billion, and the Group settled N12.3 billion in claims, up 36 per cent from 2024, supported by efficient underwriting across subsidiaries including Consolidated Hallmark Insurance, CHI Life Assurance, Hallmark Health Services, and Hallmark Finance.

The Group delivered compelling growth in core metrics. Total Assets climbed from N57 billion in 2024 to N79 billion in 2025, a 33 per cent surge.

Shareholders’ Fund grew by 21 per cent to N42.1 billion from N35 billion in 2024, further strengthening the Group’s capital base and reinforcing a solid, resilient foundation for sustained value creation. Claims paid analysis revealed efficient stewardship: the Group l settled N12.3 billion in legitimate claims, 36 per cent higher than 2024, while maintaining industry-leading loss ratios through smart underwriting and digital claims processing.

However, net profit declined by 63 per cent to N8.4 billion, reflecting the impact of strategic reinvestments, evolving market conditions, and a deliberate balance between growth and cost discipline. Despite this, diversified income streams remained resilient, while shareholder value improved through stronger dividends and sustained capital appreciation.

With CHI Life Assurance Limited, the new kid on the block, we are unlocking fresh growth opportunities, strengthening our portfolio, and reinforcing a resilient strategy focused on delivering robust, long-term value for shareholders.

Group chief executive officer, Consolidated Hallmark Holdings Plc Eddie Efekoha,said: “Our 2025 performance underscores the resilience of our diversified model and our clear focus on delivering sustained value to stakeholders. Even within a dynamic operating landscape, we remained intentional about driving innovation, strengthening service delivery, and building a growth path that is both sustainable and impactful across all our businesses.”

Managing director, Consolidated Hallmark Insurance Limited, Mary Adeyanju, added: “Our team’s expertise turned risk into opportunity, delivering seamless service while growing premiums significantly year-on-year. We have deepened customer trust by improving claims turnaround time and expanding our product offerings, which has translated into strong underwriting performance.”

On his part, the managing director, CHI Life Assurance Limited, Tope Ilesanmi, noted: “In a year, CHI Life has demonstrated that a strong vision, disciplined execution, and customer trust can translate into meaningful financial momentum. Our early performance is not just a reflection of growth, but a clear signal of the long-term value we are building for our policyholders and stakeholders.”

Also, managing director, Hallmark Health Services Limited, Oladotun Adeogun, stated: “We have broadened access to quality, affordable healthcare, touching more lives while delivering strong value to the Group’s performance. Our focus remains on raising the standard of care and service delivery, strengthening our position as a trusted partner in the health insurance space.”

Acting managing director, Hallmark Finance Company Limited, Habibat Shuaeeb, concluded: “Through lending and prudent financial strategies, we delivered strong returns and strengthened our portfolio resilience.

This performance only reinforces stakeholder confidence but positions Hallmark Finance for accelerated growth, market penetration, and enhanced value creation as we step into 2026 with clarity and purpose.”