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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...
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...
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...
Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base
Dr. Ebose Augustine Osegha, MD/CEO, Anchor Insurance Company Limited [L] heartily receiving the Certificate of licensing of the Company as a Non-Life Insurer...
NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit
BY NKECHI NAECHE-ESEZOBOR—For not meeting the statutory Minimum Capital Requirement as stipulated by the Nigerian Insurance Industry Reform Act 2025, the National Insurance...
Cornerstone Insurance, FIN Insurance NIIRA 2025 Recapitalisation Requirement
L-R: Managing Director/Chief Executive Officer of Cornerstone Insurance Plc, Mr. Stephen Alangbo; (3rd) Deputy Commissioner for Insurance Technical, National Insurance Commission (NAICOM), Dr....
AIICO Insurance Gains NAICOM Compliance Clearance, Hits ₦661bn Total Assets
AIICO Insurance Plc has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements...
AIICO Insurance Emerges Sole West African Finalist at 6th OESAI Quiz Competition, Wins WAICA Praise
NBY NKECHI NAECHE-ESEZOBOR—AIICO Insurance Plc has emerged as the sole representative from the West African sub-region to reach the finals of the 6th...
