According to the company’s financial statement, insurance revenue for 2025 reached Rwf24.23 billion, up from Rwf22.33 billion in 2024, driven by increased underwriting activities. Profit before tax rose to Rwf 7.03 billion, while net profit after tax stood at Rwf4.92 billion, compared to Frw 4.42 billion in the previous year.
The company’s balance sheet also reflected a stronger financial position, with total assets rising to Rwf43.94 billion from Rwf38.19 billion, and total equity increasing to Rwf20.15 billion. Insurance liabilities accounted for Rwf 16.21 billion, while cash and cash equivalents amounted to Rwf 2.67 billion, underscoring improved liquidity.
The 2025 results demonstrate Prime Insurance’s sustained profitability, operational efficiency, and compliance with the IFRS 17 Insurance Contracts standard. The company also reported growth in its investment portfolio, supporting long-term stability.
Camille Karamaga, Chairman of the Board expressed satisfaction with the results, highlighting disciplined underwriting, prudent financial management, and a strengthened capital base.
“The company remains well-capitalized, financially sound, and strategically positioned to continue delivering sustainable growth and value to its shareholders and policyholders,” he stated.
Prime Insurance has also declared a dividend payout of Rwf1.5 billion, signaling a commitment to shareholder value creation.
Looking ahead, Prime Insurance has affirmed commitment to expand market share across Rwanda, enhance customer-centric insurance solutions, drive innovation and digital transformation, strengthen property and medical insurance offerings, and build strategic partnerships across sectors.
More details about the financial statement can be accessed here
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