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Nigerian insurance industry

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Insurance World

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...

Insurance World

Odiachi Takes Helm at PILA as NAICOM Backs Women’s Empowerment Drive

BY NKECHI NAECHE-ESEZOBOR—The Professional Insurance Ladies Association (PILA) has ushered in a new era of leadership with the investiture of Dr. Joyce Odiachi...

Capital

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...

Insurance World

Only 6% of Adults Access Formal Loans as Mutual Benefits Pushes Financial Protection

BY NKECHI NAECHE-ESEZOBOR—Despite growing levels of financial inclusion across Nigeria, access to formal credit remains alarmingly low, with only about six per cent...

Insurance World

Strong Growth, Profitability Drive AIICO’s 2026 Insurance Company of the Year Victory

BY NKECHI NAECHE-ESEZOBOR—AIICO Insurance Plc has been named Insurance Company of the Year 2026 at the Nairametrics Capital Market Awards, a recognition that...

Insurance World

AXA Mansard Boss Kunle Ahmed Receives ICAN Merit Award for Leadership Excellence

BY NKECHI NAECHE-ESEZOBOR—The Chief Executive Officer of AXA Mansard Insurance Plc, Kunle Ahmed, has been honoured with a Merit Award by the Institute...

Insurance World

Sovereign Trust Insurance Targets Growth With ₦5.02bn Offer

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance (STI) Plc has launched a ₦5.02 billion Rights Issue aimed primarily at strengthening its capital base and positioning...

Insurance World

FG Inaugurates Insurance Policyholders’ Protection Fund Committee Under NIIRA 2025

Commissioner for Insurance/CEO, NAICOM, Olusegun Ayo Omosehin.   BY NKECHI NAECHE-ESEZOBOR—The Federal Government has inaugurated the Insurance Policyholders’ Protection Fund (IPPF) Committee as...