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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

Sovereign Trust, Guinea Insurance, 5 Others Join Verified List in Final Recapitalization Clearance

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc and Guinea Insurance Plc are among seven additional underwriting firms officially cleared and verified by the National...

Insurance World

NAICOM Recapitalisation: Open Letter To The Honourable Minister Of Finance By Mohamed Kari, Former Commissioner For Insurance,NAICOM

OPEN LETTER TO THE HONOURABLE MINISTER OF FINANCE 12th August 2026 Federal Ministry of Finance Abuja, Nigeria   Enforcing a level playing field...

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

NAICOM Recapitalisation: Unitrust Insurance Successfully Recapitalises, Secures New License

BY NKECHI NAECHE-ESEZOBOR—Unitrust Insurance Company Limited has successfully new minimum capital requirements and received its new operating license from National Insurance Commission,( NAICOM...

Insurance World

Coronation Insurance, Coronation Life Meet NIIRA 2025 Minimum Capital Requirements Following Successful ₦9.2bn Capital Raise

Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements stipulated under the Nigerian Insurance Industry Reform...

Insurance World

Recapitalisation: Sovereign Trust Allays Fears, Says Rights Issue Pushes Capital Past Target

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc,  on Monday reassured investors that it has met the recapitalization deadline as stipulated by NAICOM but still...

Insurance World

Guinea Insurance Surpasses Minimum Capital Requirement with Successful Capital Raise

BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has taken a major step toward solidifying its market position after successfully executing a ₦12.6 billion capital raise,...