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insurance industry
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...
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...
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....
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...
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...
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...
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,...
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...
