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NIIRA 2025
Recapitalisation: Sovereign Trust Allays Fears, Says Rights Issue Pushes Capital Past Target
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc, on Monday reassured investors that it has met the recapitalization deadline as stipulated by NAICOM but still...
NIIRA 2025 Compliance: KBL Insurance Beats Regulatory Capital Threshold by Over ₦600m
BY NKECHI NAECHE-ESEZOBOR—KBL Insurance Limited has officially surpassed the National Insurance Commission’s (NAICOM) ₦15 billion capital base under the Nigeria Insurance Industry Reform...
NAICOM Announces Successful Completion of Insurance Sector Recapitalization Exercise
The National Insurance Commission,(NAICOM), today announced the successful completion of the twelve-month insurance sector recapitalization exercise. In pursuant to Section 15 and other...
FULL LIST: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes
The National Insurance Commission, (NAICOM), on Monday announced that 43 insurance and reinsurance companies successfully met the prescribed Minimum Capital Requirements. The commission...
BREAKING: 43 Insurance Firms Meet NAICOM Recapitalization Deadlines, As Exercise Concludes
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission, (NAICOM), on Monday announced that 43 insurance and reinsurance companies successfully met the prescribed Minimum Capital Requirements....
Guinea Insurance Surpasses Minimum Capital Requirement with Successful Capital Raise
BY NKECHI NAECHE-ESEZOBOR—Guinea Insurance Plc has taken a major step toward solidifying its market position after successfully executing a ₦12.6 billion capital raise,...
NAICOM Boss Urges CIIN to Drive Professionalism, Innovation, Ethical Standards
The National Insurance Commission (NAICOM), on Friday charged the Chartered Insurance Institute of Nigeria (CIIN) to deepen professionalism, uphold ethical standards, and embrace...
NIIRA 2025: NAICOM Engages Police to Curb Fake Insurance Certificates on Roads
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has organized a specialized one-day training program for officers of the Nigeria Police Force (NPF), FCT...
