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NIIRA 2025

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Insurance World

Post Recapitalisation: What changes when you make a claim?

BY NKECHI NAECHE-ESEZOBOR—If you hold an insurance policy in Nigeria, or have been thinking about buying one, there is one question that comes...

Insurance World

NIA Leadership Visits NAICOM, Pledges Stronger Industry-Regulator Collaboration

The leadership of the Nigerian Insurers Association (NIA), led by its Chairman, Mrs. Ebelechukwu Nwachukwu, has paid a courtesy visit to the National...

Insurance World

NANS Endorses Insurance Industry Reforms, Condemns moves to Derail Recapitalisation

BY NKECHI NAECHE-ESEZOBOR—The National Association of Nigerian Students (NANS), on Wednesday declared its support for National Insurance Commission, (NAICOM), and the ongoing transformation...

Insurance World

NIIRA 2025: NAICOM Issues Licences to Additional Insurance Companies

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), on Thursday issued new licences to additional insurance companies that have been confirmed and verified as...

Insurance World

NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has entered into an investment agreement with FPNG Co-Nvest Limited (FPNG) for an equity capital injection of ₦7.128...

Insurance World

NAICOM Recapitalisation: Policarp Didam Commends NAICOM, Warns Ministry of Finance Against Interference

BY NKECHI NAECHE-ESEZOBOR—Policarp Didam, former Managing Director of Royal Exchange Prudential Life Plc, has applauded the leadership of the National Insurance Commission,(NAICOM), led...

Insurance World

Sovereign Trust Insurance Meets NAICOM’s New Recapitalisation Threshold, Reaffirms Market Confidence

 BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc, has successfully met the new recapitalisation requirement for non-life insurance companies prescribed by the National Insurance Commission...

News

NIIRA 2025: NAICOM Clears Final Seven Firms

BY NKECHI NAECHE-ESEZOBOR—The National  insurance Commission (NAICOM) on Thursday clear seven additional companies that have successfully met the minimum capital requirements as stipulated...