Insurance World

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Insurance World

NAICOM, Ghana’s NIC Deepen Regional Insurance Cooperation

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) of Nigeria and Ghana’s National Insurance Commission (NIC) have reaffirmed their commitment to strengthening regional cooperation...

Insurance World

Royal Exchange Plc to Acquire, Recapitalise Royal Exchange Prudential Life

BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has disclosed plans to acquire and recapitalise Royal Exchange Prudential Life as part of a broader strategy to...

Insurance World

WAICA and OESAI Unite to Promote Insurance Knowledge Through Regional Quiz Competition

BY NKECHI NAECHE-ESEZOBOR—The West African Insurance Companies Association (WAICA) has partnered with the Organization of Eastern and Southern Africa Insurers (OESAI) to broaden...

Insurance World

Mutual Benefits Forecasts N69.2bn Gross Premium, N14.1bn Profit for 9M 2026

BY NKECHI BAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has projected Gross Written Premium (GWP) of N69.2 billion and a profit after tax of N14.1 billion...

Insurance World

Reborn @ 66: African Alliance Insurance Promises Absolute Transparency and Solvency

BY NKECHI NAECHE-ESEZOBOR—The new management of African Alliance Insurance Plc has promised sound solvency management and absolute transparency as the company officially returns...

Insurance World

FBS Reinsurance Grows Premium Income by 32%, Retains Stable GCR Ratings

BY NKECHI NAECHE-ESEZOBOR—Reinsurance Limited, one of Nigeria’s indigenous reinsurance companies, has reported a strong financial performance for the 2025 financial year, with significant...

Insurance World

Consolidated Hallmark Renews ₦61.6m Accident Cover for NAIPE Members ‎

‎Consolidated Hallmark Insurance Ltd has renewed its Group Personal Accident Insurance cover worth N61.6 million for insurance journalists under the auspices of the...

Insurance World

Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million

BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than...