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Lasaco Assurance turns tide on half-year loss, helped by cost efficiency

Lasaco Assurance bounces back to profit by slashing costs, even as its core insurance revenue saw a slight dip in the first half of the year.

Ronald Adamolekun
Premium Times Nigeria · 1d ago · 1 min read
Source

Its return to profitability owed not so much to revenue growth as to cost cutting, as insurance revenue, its core income source, retreated by 3.2 per cent from the half-year 2025 level to N16.3 billion. The post Lasaco Assurance turns tide on half-year loss, helped by cost efficiency appeared first on Premium Times Nigeria .

#LasacoAssurance#FinancialResults#CostEfficiency
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