Insurance World

485 Articles
Insurance World

NIIRA: NAICOM Unveils Implementation Process For New Minimum Capital Requirement

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), on Friday unveiled the process and commencement of the new recapitalisation exercise as prescribed by the...

Insurance World

Unitrust Insurance Redefines Third Party Motor Insurance With Launch Of UNIRIDE

Unitrust Insurance Company Limited, had announced the launch of UNIRIDE, a redefined motor insurance solution tailored specifically for private vehicle owners. This innovative...

Insurance World

Cornerstone Insurance Elevates Customer Experience With Launch Of AI-Powered Chatbot Cici

NKECHI NAECHE-ESEZOBOR—Cornerstone Insurance Plc on Friday unveiled AI-powered virtual assistant called Cici  to help customers make smarter decisions. According to the insurer, the...

Insurance World

NCRIB Joins Insurance Meets Tech 2025 as Institutional Partner To Drive Broker-Led Participation

Insurance Meets Tech (IMT), West Africa’s leading platform for converging insurance and technology innovations, colloquium and discourse on policy environment and operational efficiencies,...

Insurance World

Veritas Kapital Assurance Delivers Strong H1 2025 Results, Grows Profit To N3.2bn

Veritas Kapital Assurance Plc has reported robust financial results for the first half of 2025 (H1 2025), highlighting sustained momentum and reinforcing its...

Insurance World

NIIRA: NAICOM Inaugurates 2025 Recapitalisation Committee

The National Insurance Commission (NAICOM) , on Tuesday said it has constituted a 2025 Recapitalization Committee, following President Bola Ahmed Tinubu’s assent to...

Insurance World

LASEPA Says 70% Of Lagos Smog Caused By Vehicle Emissions, Inspect 12, 000 Vehicles For Harmful Emissions

The Lagos State Environmental Protection Agency (LASEPA) has disclosed that about 70 percent of the choking smog in the state is caused by...

Insurance World

FBS Re Grows Insurance Revenue By 85% To N50.9bn FY2024

A Nigerian indigenous reinsurance firm, FBS Reinsurance Limited (FBS Re), has again recorded improved financial performance across major indices in the 2024 financial...

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