Insurance World

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Insurance World

SanlamAllianz Nigeria Celebrates Top Performers at 2025 TRAC Awards

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance and SanlamAllianz General Insurance, recently hosted its highly anticipated 2025 The Retail Annual Competition (TRAC Awards) at...

Insurance World

Universal Insurance Executes ₦3.2bn Rights Issue Documents Ahead of SEC Approval

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has formally concluded arrangements for its proposed ₦3.2 billion Rights Issue. At the signing ceremony held in Lagos,...

Insurance World

Lasaco Assurance Q1 2026 Profit Jumps to ₦2.36bn on Improved Efficiency

BY NECHI NAECHE-ESEZOBOR—Lasaco Assurance Plc has begun the 2026 financial year on a strong note, reporting a significant rise in profitability for the...

Insurance World

NAICOM Secures Police Backing for NIIRA Implementation Push

From left: Mr Olusegun Ayo Omosehin; Commissioner for Insurance National Insurance Commission and Mr. Olatunji Disu; Inspector General of Police. BY NKECHI NAECHE-ESEZOBOR—The...

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Adams Oshiomhole Calls for Revocation of South African Firms’ Licences in Nigeria

BY SUNDAY SAMUEL—orenewed surge of xenophobic violence in South Africa, Senator Adams Oshiomhole has called on Nigeria’s Federal Government to take firm economic...

Insurance World

Life Arm Leads as emPLE Pays ₦7bn in Claims Across Key Sectors

BY NKECHI NAECHE-ESEZOBOR—emPLE Nigeria said it paid over ₦7 billion in claims to policyholders in 2025, underscoring its commitment to meeting obligations and...

Insurance World

Mutual Benefits Reinforces Governance, Tightens Compliance Framework

NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has reiterated its commitment to strong corporate governance, regulatory compliance and responsible business practices as it advances its...

Insurance World

Mutual Benefits’ Asenuga, Ogunbiyi Honoured at NIA Awards

BY NKECHI NAECJE-ESEZOBOR—Mutual Benefits Assurance Plc has secured a major industry endorsement as two of its top executives were honoured at the 2026...