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Insurance World

Insurers Back NAICOM’s Recapitalisation Framework, Celebrate Milestone Success

BY NKECHI NAECHE-ESEZOBOR—The Nigerian Insurers Association (NIA) on Wednesday reaffirmed its strong support for the National Insurance Commission (NAICOM) following the successful completion...

Insurance World

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...

Insurance World

Leadway Assurance Sets Bold Post-Recapitalisation Agenda Beyond Compliance

BY NAECHE-NAECHE-ESEZOBOR—Leadway Assurance Limited said its recapitalised era will be defined not only by regulatory compliance, but by audacious strategic ambition. The insurer...

Insurance World

Recapitalisation: NAICOM Revokes Royal Exchange Prudential Life Insurance License

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), has revoked the certificate of registration for Royal Exchange Prudential Life Insurance PLC  over its failure...

Insurance World

CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation

CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, has reaffirmed its financial strength and long-term commitment to policyholders following its...

Insurance World

FIN Insurance Company Limited Surpasses New Minimum Capital Requirements, Secure New License

Left-Right: Executive Director, Technical Operations of FIN Insurance Company Limited, Kolawole Adekoya, Executive Director, Technical Operations and the Commissioner for Insurance (NAICOM), Segun...

Insurance World

Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base

Dr. Ebose Augustine Osegha, MD/CEO, Anchor Insurance Company Limited [L] heartily receiving the Certificate of licensing of the Company as a Non-Life Insurer...

Insurance World

NAICOM Revokes Nigeria Reinsurance Licence Over Minimum Capital Deficit

BY NKECHI NAECHE-ESEZOBOR—For not meeting  the statutory Minimum Capital Requirement as stipulated by the Nigerian Insurance Industry Reform Act 2025, the National Insurance...