Insurance World

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Insurance World

Universal Insurance Reaffirms Reliability with ₦1.35bn Q2 Claims Payout

Universal Insurance Plc, Nigeria’s top underwriter, said it has paid a total of ₦1.35billion in claims during the second quarter of 2026. This...

Insurance World

Sovereign Trust Insurance Pays Over N2.7bn in Claims H1 2026

BY NKECHI NAECHE-ESEZOBOR-Sovereign Trust Insurance Plc has paid over ₦2.7 billion in claims across its various business lines as of June 30, 2026....

Insurance World

Guinea Insurance Projects ₦2.78bn Profit After Tax for Q3 2026

BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has released its forecast income statement for the third quarter ending September 30, 2026, projecting a profit after...

Insurance World

Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement

Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...

Insurance World

NIA Expresses Sympathy to Lagos Flood Victims, Pledges Prompt Claims Settlement

BY NKECHI NAECHE-ESEZOBOR—The Nigerian Insurers Association (NIA) has extended its heartfelt sympathy to individuals, families, and businesses affected by the recent severe flooding...

Insurance World

Three Decades of Trust: Mutual Benefits Assurance Pays Over ₦3.9 Billion in Claims

BY NKECHI NAECHE-ESEZOBOR—Anchored by more than 30 years of industry leadership, Mutual Benefits Assurance Plc has once again proven why it remains a...

Insurance World

NIIRA 2025: NAICOM Engages Police to Curb Fake Insurance Certificates on Roads

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has organized a specialized one-day training program for officers of the Nigeria Police Force (NPF), FCT...

Insurance World

Heirs Insurance, NAIPE Strengthen Alliance to Drive Insurance Penetration

BY NKECHI NAECHE-ESEZOBOR—Heirs Insurance and the Nigerian Association of Insurance and Pension Editors (NAIPE) have strengthened their strategic partnership to deepen insurance penetration...