Insurance World

634 Articles
Insurance World

Credit Confidence: Agusto & Co. Upgrades Unitrust Insurance To ‘A’/‘A1’ Amid Revenue Surge

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s credit rating agency, Agusto & Co., has upgraded Unitrust Insurance Company Limited credit ratings to “A” (Long Term) and “A1”...

Insurance World

Lasaco Assurance Champions Maternal Health With Safe Start Initiative

BY NKECHI NAECHE-ESEZOBOR—Lasaco Assurance Plc has launched the Safe Start Initiative, a maternal health support programme aimed at promoting safer motherhood and reducing...

Insurance World

PenCom, NAICOM Issue Tough New Directive: Insurance Firms Must Stop Business With Defaulting Employers

BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) have directed all insurance companies and their vendors to ensure...

Insurance World

Shareholders Applaud As Veritas Kapital Assurance Posts 228% Revenue Surge To N23.3bn For FY24

BY NKECHI NAECHE-ESEZOBOR—Shareholders of Veritaskapital, have applauded the performance of the Company for the financial year ended December 31,2024 as it posted revenue...

Insurance World

NIIRA 2025: NAICOM Sets Up Working Groups To Fast‑Track Insurance Sector Reforms

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has taken a decisive step toward transforming the nation’s insurance landscape with the launch of a...

Insurance World

Rex Insurance Grows Gross Premium By 72% To N28.76bn, Despite High Claims Pressure

From left: Sheila Ezeuka, Company Secretary/General Counsel; Ebelechukwu Nwachukwu, Managing Director/CEO, Rex Insurance Limited; Abayomi Kayode, Chief Finance Officer of the company and...

Insurance World

NEM Insurance Promotes Wellness, Insurance Awareness Through Fitness Walk

NEM Insurance Plc, today, Saturday held its Fitness Walk as part of efforts to promote insurance awareness and encourage healthy living among Nigerians....

Insurance World

Regency Alliance Delivers Strong 2024 Result, Grows Assets By 16%

BY NKECHI NAECHE-ESEZOBOR—Regency Alliance Insurance Plc has announced a strong financial performance for the 2024 financial year, highlighted by a 15.96 per cent...