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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,...

Insurance World

Sovereign Trust Insurance Boosts Asset Base by 43% to ₦40.47 Billion in H1 2026

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has released its unaudited financial results for the half-year ended June 30, 2026, showcasing significant balance sheet...

Insurance World

Nigeria’s Housing Agenda Must Prioritise Risk Protection – Fayemi

The Managing Director/CEO of Heirs General Insurance,Wole Fayemi, has challenged h policymakers, developers, financiers, and homeowners in the real estate  industry o rethink...

Insurance World

NAICOM Applauds Senate Over Passage of Insurance Regulatory Commission Bill

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) extends its profound appreciation to the leadership of the Senate and to *Senator Adetokunbo Mukail Abiru*,...