Insurance World

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Insurance World

NAICOM to Release Funds in Escrow Account to Insurers by September 30

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM) on Friday said it will release deposited funds in Escrow with the Central Bank of Nigeria to ...

Insurance World

NAICOM Cancels NAIC’s General Insurance Licence Over Capital Shortfall

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM) on Friday announced that it has canceled the general insurance license of Nigerian Agricultural Insurance Corporation...

Insurance World

Insurers Raised N1.079trn Via Recapitalisation, Says NAICOM

BY NKECHI NAECHE-ESEZOBOR—The Nigerian insurance industry have collectively raised N1.079 trillion ant the just concluded  recapitalization exercise that ended 31st of July, 2026....

Insurance World

Leadway Backs ISSP to Deepen Insurance Penetration, Consumer Trust

Leadway Assurance Limited has launch Insurance Sector Strengthening Programme (ISSP), a five-year initiative. The programme, held in Abuja, was designed to address key...

Insurance World

Post-Recapitalisation, Mutual Benefits Pledges Deeper Investment in Tech, Customer Experience

For more than 30 years, Mutual Benefits Assurance Plc has built its reputation on a simple promise: being there for Nigerians when protection...

Insurance World

NAICOM Denies Fraud Allegations Over ₦100bn Recapitalization, Says No Official Indicted or Detained

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has denied allegations of fraud linked to the recently concluded ₦100 billion recapitalization exercise in the...

Insurance World

NAICOM, NCAA Sign MoU to Strengthen Aviation Insurance Oversight in Nigeria

BY NKECHI NAECHE-ESÉZOBOR—The National Insurance Commission (NAICOM) and the Nigeria Civil Aviation Authority (NCAA), on Wednesday signed a Memorandum of Understanding (MoU) establishing...

Insurance World

SanlamAllianz Nigeria Unveils Proud Moments 2.0 Campaign to Celebrate Customers’ Life Achievements

SanlamAllianz Nigeria, comprising SanlamAllianz Life Insurance Nigeria and its subsidiary, SanlamAllianz General Insurance Nigeria, has announced the launch of its Proud Moments 2.0...