Insurance World

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Insurance World

Insurance Week 2.0: Stop Selling Obsolete Products, NAICOM Warns Operators

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has challenged Nigerian insurance operators to radically overhaul their business models by transitioning from product-centric marketing...

Insurance World

NAICOM, Insurers Mourn Former NCRIB President Rotimi Edu

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has expressed deep sorrow over the death of former President of the Nigerian Council of Registered...

Insurance World

FG Inaugurates Insurance Policyholders’ Protection Fund Committee Under NIIRA 2025

Commissioner for Insurance/CEO, NAICOM, Olusegun Ayo Omosehin.   BY NKECHI NAECHE-ESEZOBOR—The Federal Government has inaugurated the Insurance Policyholders’ Protection Fund (IPPF) Committee as...

Insurance World

NEM Insurance declares N7.52bn dividend as shareholders applaud strong 2025 performance

From left:  Idowu Semowo, Executive Director, Finance and Investment, NEM Insurance Plc; Ifunanya Iwuagwu, Company Secretary/Legal Adviser; Andrew Ikekhua, Managing Director/CEO, NEM Insurance...

Insurance World

NEM Insurance Grows Premium Income to N166.8bn In 2025

From left: Idowu Semowo, Executive Director, Finance and Investment, NEM Insurance Plc; Andrew Ikekhua, Managing Director/CEO, NEM Insurance Plc, and Tope Smart, Group...

Insurance World

Cornerstone Insurance Backs Lagos Flood Insurance Scheme for Four Million Residents

BY NKECHI NAECHE-ESEZOBOR—Cornerstone Insurance Plc has reaffirmed its commitment to climate resilience and financial inclusion through its participation in the Lagos Flood Risk...

Insurance World

Mutual Benefits Settles Over ₦5.5bn Claims, Reinforces Customer Trust

NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has paid over ₦5.5 billion in claims to policyholders as at April 2026, reaffirming its long-standing reputation as...

Insurance World

AIICO Insurance Grows Gross Premiums to ₦191.7bn as Revenue Hits ₦137bn in 2025

BY NKECHI NAECHE-ESEZOBOR—AIICO Insurance Plc has reported strong growth across its core business segments for the financial year ended December 31, 2025, with...