Mutual Benefits Assurance Plc has paid a total of ₦2.6 billion in insurance claims to its policyholders in December 2025, reaffirming its commitment to timely claims settlement and effective customer protection.
The insurer said the payments spanned multiple insurance classes, providing financial support to individuals, families, and businesses that experienced insured losses during the period. The development highlights the company’s continued dedication to meeting obligations and building trust in Nigeria’s insurance sector.
According to Mutual Benefits, timely claims settlement remains a core operational priority as the company works to increase insurance adoption and reinforce confidence among both existing and prospective customers.
The substantial December payout also reflects the company’s operational strength and financial resilience amid prevailing economic pressures. Industry observers note that consistent claims payments are a key measure of an insurer’s credibility, with Mutual Benefits’ latest performance further solidifying its reputation as a reliable market player.
In a related development, the Managing Director of Mutual Benefits Assurance Plc, Femi Asenuga, was recently named among the Top 10 chief executives driving Nigeria’s best-performing stocks in 2025. The ranking, compiled using data from the Nigerian Exchange Limited (NGX) and published by Nairametrics, recognised executives whose leadership contributed to strong market performance during the year.
Mutual Benefits Assurance Plc is among Nigeria’s leading insurance providers, offering a broad portfolio of life and general insurance solutions designed for both individual and corporate clients.
