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Insurance World

NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...

Insurance World

Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval

BY NKECHI NAECHE-ESEZOBOR—Emerging from National Insurance Commission, (NAICOM), sector-wide recapitalisation drive with a capital base exceeding ₦15 billion, Guinea Insurance Plc on Friday...

Insurance World

NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference

BY NKECHI NAECHE-ESEZOBOR—Policarp Didam, former Managing Director of Royal Exchange Prudential Life Plc, has applauded the leadership of the National Insurance Commission,(NAICOM), led...

Insurance World

Sovereign Trust Insurance Meets NAICOM’s New Recapitalisation Threshold, Reaffirms Market Confidence

 BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc, has successfully met the new recapitalisation requirement for non-life insurance companies prescribed by the National Insurance Commission...

Insurance World

Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc and Guinea Insurance Plc are among seven additional underwriting firms officially cleared and verified by the National...

News

NIIRA 2025: NAICOM Clears Final Seven Firms

BY NKECHI NAECHE-ESEZOBOR—The National  insurance Commission (NAICOM) on Thursday clear seven additional companies that have successfully met the minimum capital requirements as stipulated...

Insurance World

Unitrust Insurance Celebrates 40 Years Of Trust, Reaffirms Commitment to Stakeholders

Unitrust Insurance Company Limited is celebrating its 40th Anniversary , marking four remarkable decades of delivering security, confidence and peace of mind to...

Insurance World

Celebrating Sunny Adeda: Alpha Choice Boss and Insurance Icon Hits 70th Milestone

The sounds of celebrations and thanksgiving will rent the air; anniversary chants will serenade the atmosphere in celebration of a great and charming...

Insurance World

NAICOM Recapitalisation: Mohamed Kari Urges Finance Minister to Resist Political Lobbying by Failing Insurers

BY NKECHI NAECHE-ESEZOBOR—Former Commissioner for Insurance and Chief Executive of the National Insurance Commission (NAICOM), Alh. Mohamed Kari, on Wednesday called on the...