Insurance World

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Insurance World

FULL LIST: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes

The National Insurance Commission, (NAICOM), on Monday announced that 43 insurance and reinsurance companies successfully met the prescribed Minimum Capital Requirements. The commission...

Insurance World

BREAKING: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM), on Monday announced that 43 insurance and reinsurance companies successfully met the prescribed Minimum Capital Requirements....

Insurance World

Guinea Insurance Surpasses Minimum Capital Requirement with Successful Capital Raise

BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has taken a major step toward solidifying its market position after successfully executing a ₦12.6 billion capital raise,...

Insurance World

H1 2026: Mutual Benefits Assurance Records 15.5% Asset Expansion to ₦204bn

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s retail insurance giant, Mutual Benefits Assurance Plc has reported 2.57 percent growth in Insurance Revenue to ₦42.25 billion  up from...

Insurance World

Veritas Kapital Assurance Forecasts ₦1.45bn PAT for Q3, Eyes ₦7.29bn Insurance Revenue

BY NKECHI NAECHE-ESEZOBOR—Veritas Kapital Assurance PLC has released its projection for third quarter ending September 30, 2026. According to its latest earnings forecast...

Insurance World

NAICOM, NIA Call for Stronger Ties With NAIPE to Boost Insurance Growth

L-R: Dr. Julius Odidi, Head, Lagos Office, National Insurance Commission, Mrs. Ebere Nwoji, Chairperson, Nigerian Association of Insurance and Pension Editors (NAIPE); Mrs...

Insurance World

AXA Mansard Integrates WhatsApp Healthcare Assistant

L-R: The Commissioner for Insurance/CEO, National Insurance Commission(NAICOM), Mr. Olusegun Omosehin, ably represented by the Head, Lagos Office, NAICOM, Dr. Julius Odidi; the...

Insurance World

Sovereign Trust Insurance Boosts Asset Base by 43% to ₦40.47 Billion in H1 2026

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has released its unaudited financial results for the half-year ended June 30, 2026, showcasing significant balance sheet...