Insurance World

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Insurance World

Insurances Is the New Oil: Ex-NCRIB Boss Explains Surprise Survival of Underwriters

BY NKECHI NAECHE-ESEZOBOR—Following the successful conclusion of the Nigerian insurance industry recapitalisation exercise, 48 underwriting firms and two reinsurance companies scaled National Insurance...

Insurance World

AXA Mansard Urges Media to Simplify Insurance Reforms for Public

BY NKECHI BAECHE-ESEZOBOR—Following the insurance sector’s recapitalization exercise, AXA Mansard has called on media professionals to translate complex industry reforms into accessible, everyday...

Insurance World

Recapitalisation: Sunday Thomas Backs NAICOM Over Regulatory Guidelines

Former Commissioner for Insurance, Olorundare Sunday Thomas, has thrown his weight behind the National Insurance Commission (NAICOM), dismissing concerns over regulatory guidelines and...

Insurance World

emPLE Positions for Strategic Growth After Full Recapitalisation

BY NKECHI NAECHE-ESEZOBOR—emPLE Nigeria has strengthened its capital position following its ability to meet minimum capital requirements set by the National Insurance Commission...

Insurance World

Heirs Insurance Grows GWP to ₦115 Billion FY25, As Revenue Rose to N53.4bn

BY NKECHI NAECHE-ESEZOBOR Heirs Insurance Group has announced the audited financial results of its companies for the year ended December 31, 2025, delivering...

Insurance World

NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...

Insurance World

Guinea Insurance Positions for Next Growth Phase Following NAICOM Recapitalisation Approval

BY NKECHI NAECHE-ESEZOBOR—Emerging from National Insurance Commission, (NAICOM), sector-wide recapitalisation drive with a capital base exceeding ₦15 billion, Guinea Insurance Plc on Friday...

Insurance World

NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference

BY NKECHI NAECHE-ESEZOBOR—Policarp Didam, former Managing Director of Royal Exchange Prudential Life Plc, has applauded the leadership of the National Insurance Commission,(NAICOM), led...