Insurance World

634 Articles
Insurance World

Sovereign Trust Gets Board Approval To Raise N5bn Through Right Issue

BY NKECHI NAECHE-ESEZOBOR—The board of Sovereign Trust Insurance Plc has approved an initial capital raise of N5 billion through a Rights Issue. This...

Insurance World

Lasaco Assurance Leverages Intelligent Remote Assessment To Speed Up Claims

BY NKECHI NAECHE-ESEZOBOR—To deliver faster and more seamless claims processing, Lasaco Assurance Plc is adopting the AI-driven remote vehicle assessment system, FastClaim. This...

Insurance World

SFJOY: SanlamAllianz Hosts Nigerian Winners

L-R: Chris Ekwonwa, Group Head, Strategy, Marketing and Customer Relations; Abimbola Lawson, Head, Legal and Compliance; Tunde Mimiko, MD/CEO, all of SanlamAllianz Nigeria;...

Insurance World

LASACO Assurance Appoints Ademoye Shobo As Acting MD/CEO As Razzaq Abiodun Retires

BY NKECHI NAECHE -ESEZOBOR—Lasaco Assurance Plc has announced the retirement of its Company’s Managing Director, Mr. Razzaq Abiodun with effect from Thursday 6’^...

Insurance World

Hilal Takaful Insurance Appoints Hassan Olanrewaju As MD/CEO

Hilal Takaful Nigeria Limited, a subsidiary of Cornerstone Insurance Plc, has  announce the appointment of Mr. Hassan Olanrewaju  as its new Managing Director/Chief...

Insurance World

23 Schools Compete As Rex Insurance Holds Second Spelling Bee Competition

BY NKECHI NAECHE-ESEZOBOR—In a vibrant showcase of intellect and youthful talent, Rex Insurance Limited has successfully hosted the second edition of its Interschool...

Insurance World

Veritas Kapital Achieves Major Gains In Q3 2025, As Claims Settlement Hits ₦10.6bn

BY NKECHI NAECHE-ESEZOBOR—Veritas Kapital Assurance Plc has published its financial results for the third quarter ended September 30, 2025, reflecting yet another confident...

Insurance World

Universal Insurance Strengthens Market Footprint With 388% Surge In Profit, As GPW Hits N18.59bn In 9 Months

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has released its account for nine months ended September 2025,, showing  significant growth in profitability and improved financial...