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Insurance World
Caution Is Key — STI Boss Sounds Safety Alarm Ahead Of Festive Season
BY NKECHI NAECHE-ESEZOBOR—As the year draws to a close and the much-talked-about “Ember Months” unfold, the Managing of Sovereign Trust Insurance Plc, Olaotan,...
Insurance Directors Urged To Take Ownership Of NIIRA 2025
BY NKECHI NAECHE-ESEZOBOR—Directors in Nigeria’s insurance industry have been called upon to take full ownership of the ongoing reform process under the Nigeria...
Credit Confidence: Agusto & Co. Upgrades Unitrust Insurance To ‘A’/‘A1’ Amid Revenue Surge
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s credit rating agency, Agusto & Co., has upgraded Unitrust Insurance Company Limited credit ratings to “A” (Long Term) and “A1”...
Lasaco Assurance Champions Maternal Health With Safe Start Initiative
BY NKECHI NAECHE-ESEZOBOR—Lasaco Assurance Plc has launched the Safe Start Initiative, a maternal health support programme aimed at promoting safer motherhood and reducing...
PenCom, NAICOM Issue Tough New Directive: Insurance Firms Must Stop Business With Defaulting Employers
BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) have directed all insurance companies and their vendors to ensure...
Shareholders Applaud As Veritas Kapital Assurance Posts 228% Revenue Surge To N23.3bn For FY24
BY NKECHI NAECHE-ESEZOBOR—Shareholders of Veritaskapital, have applauded the performance of the Company for the financial year ended December 31,2024 as it posted revenue...
NIIRA 2025: NAICOM Sets Up Working Groups To Fast‑Track Insurance Sector Reforms
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has taken a decisive step toward transforming the nation’s insurance landscape with the launch of a...
Rex Insurance Grows Gross Premium By 72% To N28.76bn, Despite High Claims Pressure
From left: Sheila Ezeuka, Company Secretary/General Counsel; Ebelechukwu Nwachukwu, Managing Director/CEO, Rex Insurance Limited; Abayomi Kayode, Chief Finance Officer of the company and...
