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insurance industry
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...
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...
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*,...
LASACO Secures SEC Approval for Share Allotment Ahead of Recapitalisation
BY NKECHI NAECHE-ESEZOBOR—LASACO Assurance Plc has secured the approval of the Securities and Exchange Commission (SEC) for the allotment of 9,236,321,546 ordinary shares...
Senate Passes Bill to Rename NAICOM as Insurance Regulatory Commission
BY NKECHI NAECHE-ESEZOBOR—The Senate on Tuesday passed a bill seeking to rename the National Insurance Commission (NAICOM) as the Insurance Regulatory Commission. If...
