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Nigerian Insurance Sector
Enterprise Life Exceeds Recapitalisation Requirement, Rules Out Merger Plans
Enterprise Life Assurance (Nigeria) Limited has announced that it has fully met the recapitalisation requirements set by regulators and will not pursue any...
Royal Exchange Plc to Acquire, Recapitalise Royal Exchange Prudential Life
BY NKECHI NAECHE-ESEZOBOR—Royal Exchange Plc has disclosed plans to acquire and recapitalise Royal Exchange Prudential Life as part of a broader strategy to...
Regency Alliance Launches ₦3.04 Billion Rights Issue to Strengthen Capital Base
BY NKECHI NAECJE-ESEZOBOR-Regency Alliance Insurance Plc has officially launched a ₦3.04 billion Rights Issue following the formal signing of its Rights Issue Agreement,...
NAICOM, Insurers Mourn Former NCRIB President Rotimi Edu
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has expressed deep sorrow over the death of former President of the Nigerian Council of Registered...
Q4 2025: Oil, Gas and Annuity Drive Insurance Premium to N2.3tn as Assets Rise to N4.79tn
The fourth quarter of 2025 witnessed impressive growth in Nigeria’s insurance sector, with Gross Premium Written (GPW) reaching a remarkable N2,301.8 billion, reflecting...
