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Insurance World

Enterprise Life Exceeds Recapitalisation Requirement, Rules Out Merger Plans

Enterprise Life Assurance (Nigeria) Limited has announced that it has fully met the recapitalisation requirements set by regulators and will not pursue any...

Insurance World

NAICOM Backs Digital Innovation, Issues Partnering Insurtech Licence to NETAPPS

BY NKECHI NAECHE/ESEZOBOR-The National Insurance Commission (NAICOM) has granted a Partnering Insurtech licence to NETAPPS, reaffirming its commitment to leveraging digital innovation to...

Insurance World

Enterprise Life Assurance Meets Full Regulatory Capital Requirements, Boosts Liquidity

BY NKECHI NAECHE-ESEZOBOR—Enterprise Life Assurance (Nigeria) Limited has announced the full remittance of its statutory deposit of N1 billion to the Central Bank...

Insurance World

Incoming NIA Chairman, Ebelechukwu Nwachukwu Charts Course for Stronger Insurance Sector Through Partnerships

BY NKECHI NAECHE-ESEZOBOR—Ahead of her official investiture as Chairman of the Nigerian Insurers Association (NIA), Managing Director of Rex Insurance Limited, Mrs. Ebelechukwu...

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

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

Regency Alliance Launches ₦3.04 Billion Rights Issue to Strengthen Capital Base

BY NKECHI NAECJE-ESEZOBOR-Regency Alliance Insurance Plc has officially launched a ₦3.04 billion Rights Issue following the formal signing of its Rights Issue Agreement,...