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Insurance World

Recapitalisation: NAICOM Revokes Royal Exchange Prudential Life Insurance License

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), has revoked the certificate of registration for Royal Exchange Prudential Life Insurance PLC  over its failure...

Insurance World

2026 Almond Insurance Industry Awards Unveils Nominees as Public Voting Opens

The organisers of 2026 Almond Insurance Industry Awards has announced that voting for the award have opened after it released the final nominees...

Insurance World

Cornerstone Insurance PLC Launches Voicebot Capability for AI Assistant, CiCi

Cornerstone Insurance Plc has introduced a new Voicebot capability for its AI-powered virtual assistant, CiCi, further strengthening its commitment to delivering faster, smarter,...

Insurance World

Coronation Insurance Reinforces Commitment to Customers with ₦8.3 Billion Claims Payment in H1 2026

Demonstrating its unwavering commitment to standing by customers when it matters most, Coronation Insurance Plc paid ₦8.3 billion in gross claims during the...

Insurance World

NIA Commends NAICOM on Recapitalization Exercise

The Nigerian Insurers Association (NIA) has commended the National Insurance Commission (NAICOM) for its fair, transparent and structured implementation of the minimum capital...

Energy

Seplat CEO Charges Independent Operators On Asset Integrity And Cost Optimization

Independent oil and gas producers in Nigeria must prioritize asset integrity, address operational obsolescence, and systematically extend facility life spans to maximize asset...

Capital

SEC Moves To Curb Unclaimed Funds, Strengthen Investor Protection

The Securities and Exchange Commission (SEC) has intensified efforts to reduce unclaimed funds and other dormant investment assets by launching a Probate/Unclaimed Monies...

Insurance World

CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation

CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, has reaffirmed its financial strength and long-term commitment to policyholders following its...

Insurance World

FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License

Left-Right: Executive Director, Technical Operations of FIN Insurance Company Limited, Kolawole Adekoya, Executive Director, Technical Operations and the Commissioner for Insurance (NAICOM), Segun...