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Insurance Sector
Universal Insurance Reaffirms Reliability with ₦1.35bn Q2 Claims Payout
Universal Insurance Plc, Nigeria’s top underwriter, said it has paid a total of ₦1.35billion in claims during the second quarter of 2026. This...
Sovereign Trust Insurance Pays Over N2.7bn in Claims H1 2026
BY NKECHI NAECHE-ESEZOBOR-Sovereign Trust Insurance Plc has paid over ₦2.7 billion in claims across its various business lines as of June 30, 2026....
Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement
Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...
Heirs Insurance, NAIPE Strengthen Alliance to Drive Insurance Penetration
BY NKECHI NAECHE-ESEZOBOR—Heirs Insurance and the Nigerian Association of Insurance and Pension Editors (NAIPE) have strengthened their strategic partnership to deepen insurance penetration...
Incoming CIIN President Akinjide Orimolade Unveils Digital Transformation Agenda to Strengthen Insurance Industry
BY NKECHI NAECHE-ESEZOBOR—The incoming 53rd President and Chairman of Council of the Chartered Insurance Institute of Nigeria (CIIN), Mr. Akinjide Orimolade, has unveiled...
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...
Royal Exchange Targets ₦2.7bn Equity Injection in Fresh Capital Raise
BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has unveiled plans to raise up to ₦2.7 billion in fresh equity capital as part of efforts to...
Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million
BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than...
