Insurance World

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Insurance World

NAICOM Dismisses Niger Insurance Claims, Says Company’s Licence Remains Revoked

BY NKECHI BAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), on Friday debunked reports in the media allegedly issued by the management of Niger Insurance Plc,...

Insurance World

How Yetunde Ilori Made Insurance Literacy a National Conversation

BY NKECHI NAECHE-ESEZOBOR—Mrs. Yetunde Ilori, the outgoing President of the Chartered Insurance Institute of Nigeria (CIIN), has stated that her greatest fulfillment after...

Insurance World

Universal Insurance Reaffirms Reliability with ₦1.35bn Q2 Claims Payout

Universal Insurance Plc, Nigeria’s top underwriter, said it has paid a total of ₦1.35billion in claims during the second quarter of 2026. This...

Insurance World

Sovereign Trust Insurance Pays Over N2.7bn in Claims H1 2026

BY NKECHI NAECHE-ESEZOBOR-Sovereign Trust Insurance Plc has paid over ₦2.7 billion in claims across its various business lines as of June 30, 2026....

Insurance World

Guinea Insurance Projects ₦2.78bn Profit After Tax for Q3 2026

BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has released its forecast income statement for the third quarter ending September 30, 2026, projecting a profit after...

Insurance World

Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement

Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...

Insurance World

NIA Expresses Sympathy to Lagos Flood Victims, Pledges Prompt Claims Settlement

BY NKECHI NAECHE-ESEZOBOR—The Nigerian Insurers Association (NIA) has extended its heartfelt sympathy to individuals, families, and businesses affected by the recent severe flooding...

Insurance World

Three Decades of Trust: Mutual Benefits Assurance Pays Over ₦3.9 Billion in Claims

BY NKECHI NAECHE-ESEZOBOR—Anchored by more than 30 years of industry leadership, Mutual Benefits Assurance Plc has once again proven why it remains a...