Insurance World

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Insurance World

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....

Insurance World

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...

Insurance World

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...

Insurance World

Prudential Zenith Life, Standard Chartered Bank Launch Bancassurance Deal in Nigeria

From left: Head, Bancassurance & Client Proposition, Standard Chartered Bank Nigeria, Funmi Dosumu; Head, Wealth Solutions, Standard Chartered Bank Nigeria, Ernest Adejumo; Head,...

Insurance World

Heirs General Insurance, Heirs Life Meet NAICOM Capital Requirements, Set Plans For Post Recapitalisation

BY NKECHI NAECHE-ESEZOBOR—Heirs General Insurance and Heirs Life Assurance have  met the National Insurance Commission’s (NAICOM) recapitalisation requirements. This development follows the conclusion...

Insurance World

NAICOM Recapitalisation: Unitrust Insurance Successfully Recapitalises, Secures New License

BY NKECHI NAECHE-ESEZOBOR—Unitrust Insurance Company Limited has successfully new minimum capital requirements and received its new operating license from National Insurance Commission,( NAICOM...

Insurance World

NAICOM Begins Issuance of New License Certificates to Recapitalised Firms

BY NKECHI NAECHE-ESEZOBOR—National Insurance Commission (NAICOM), on Tuesday presented new Licence Certificates to insurance companies that successfully met the Commission’s new minimum capital...

Insurance World

Coronation Insurance, Coronation Life Meet NIIRA 2025 Minimum Capital Requirements Following Successful ₦9.2bn Capital Raise

Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements stipulated under the Nigerian Insurance Industry Reform...