Insurance World

577 Articles
Insurance World

Leadway, Partners Disburse ₦181.9M in Climate-Linked Livestock Insurance Claims

BY NKECHI NAECHE-ESEZOBOR—A consortium of insurance companies led by Leadway Assurance Company Limited, in partnership with Rex Insurance, NSIA Insurance, AIICO Insurance Plc,...

Insurance World

Recapitalisation: Universal Insurance Meets MCR Statutory Deposit, Pays ₦1.165bn to CBN

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has reinforced its financial strength and regulatory compliance by successfully meeting a key recapitalisation requirement under the Nigerian...

Insurance World

Universal Insurance Emerges Best Insurance Company Supporting Youth Drug Abuse Prevention in Nigeria

Universal Insurance Plc has once again demonstrated strong leadership in corporate social responsibility, emerging as the Best Insurance Company Supporting Youth Drug and...

Insurance World

Cornerstone Insurance Reports Robust 2025 Performance with 44% Revenue Growth

BY NKECHI NAECHE-ESEZOBOR—Cornerstone Insurance Plc has announced a strong financial performance for the year ended December 31, 2025, recording a 44 per cent...

Insurance World

Lasaco Assurance Gains Shareholder Backing to Drive Capitalisation Strategy

Lasaco Assurance Plc has received formal commitment letters from shareholders following its recent Extraordinary General Meeting, strengthening confidence in the company’s plan to...

Insurance World

NAICOM, CRC Credit Bureau, Explore Partnership to Integrate Insurance Data into National Credit Reporting

BY NKECHI NAECHE-ESEZOBOR—The management of CRC Credit Bureau has engaged the National Insurance Commission (NAICOM) in strategic discussions aimed at integrating insurance-sector data...

Insurance World

Universal Insurance Shareholders Approve ₦15bn Capital Raise

BY NKECHI NAECHE-ESEZOBOR-Shareholders of Universal Insurance Plc have approved a series of resolutions authorising the company to raise up to ₦15 billion in...

Insurance World

Lasaco Assurance Unveils Six New Innovative Products

BY NKECHI NAECHE-ESEZOBOR—In a significant move to expand financial protection and enhance customer-centric innovation, Lasaco Assurance Plc has received regulatory approval for six...