Chapter 03
Financial Results
The corporate net results for the year 2025 amounted to a surplus of USD 40.4 million (2024: USD 24.9 million) representing a 62.5% improvement on last year.
| USD Millions | 2025 (Actual) | 2024 (Actual) | YoY Change (%) |
|---|---|---|---|
| Corporate net results | 40.4 | 24.9 | 62.5% |
| Policyholders’ Fund (PHF) results | 25.4 | 15.8 | 61.3% |
| Shareholders’ Fund (SHF) net income | 15.0 | 9.1 | 64.5% |
The Policyholder’s Fund (PHF) results amounted to a surplus of USD 25.4 million for 2025 (2024: USD 15.8 million).
The Shareholders’ Fund (SHF) contributed positively to the overall results with a net income of USD 15.0 million for 2025, representing a 64.5% increase over 2024.
You can view the full ICIEC financial performance in the 2025 Annual Report here>
View the full ICIEC financial performance
Detailed financial statements and audited accounts are available in the complete 2025 Annual Report.
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