Insurance World

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Insurance World

CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation

CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, has reaffirmed its financial strength and long-term commitment to policyholders following its...

Insurance World

FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License

Left-Right: Executive Director, Technical Operations of FIN Insurance Company Limited, Kolawole Adekoya, Executive Director, Technical Operations and the Commissioner for Insurance (NAICOM), Segun...

Insurance World

Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base

Dr. Ebose Augustine Osegha, MD/CEO, Anchor Insurance Company Limited [L] heartily receiving the Certificate of licensing of the Company as a Non-Life Insurer...

Insurance World

NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit

BY NKECHI NAECHE-ESEZOBOR—For not meeting  the statutory Minimum Capital Requirement as stipulated by the Nigerian Insurance Industry Reform Act 2025, the National Insurance...

Insurance World

Cornerstone Insurance, FIN Insurance NIIRA 2025 Recapitalisation Requirement

L-R: Managing Director/Chief Executive Officer of Cornerstone Insurance Plc, Mr. Stephen Alangbo; (3rd) Deputy Commissioner for Insurance Technical, National Insurance Commission (NAICOM), Dr....

Insurance World

AIICO Insurance Gains NAICOM Compliance Clearance, Hits ₦661bn Total Assets

AIICO Insurance Plc has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements...

Insurance World

AIICO Insurance Emerges Sole West African Finalist at 6th OESAI Quiz Competition, Wins WAICA Praise

NBY NKECHI NAECHE-ESEZOBOR—AIICO Insurance Plc has emerged as the sole representative from the West African sub-region to reach the finals of the 6th...

Insurance World

Prudential Zenith Life, Standard Chartered Bank Launch Bancassurance Deal in Nigeria

From left: Head, Bancassurance & Client Proposition, Standard Chartered Bank Nigeria, Funmi Dosumu; Head, Wealth Solutions, Standard Chartered Bank Nigeria, Ernest Adejumo; Head,...