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Insurance World

Universal Insurance Boosts Confidence Ahead of Industry Recapitalisation

From left: President and Chairman of Council of NCRIB, Barr. (Mrs.) Ekeoma Ezeibe Presenting award plaque to the Managing Director/CEO of Universal Insurance...

Insurance World

No Insurer Will Fail Under Our Watch — NAICOM Boss

BY NKECHI NAE-ESEZOBOR—The Commissioner for Insurance and Chief Executive Officer, National Insurance Commission (NAICOM), Mr. Olusegun Omosehin, has pledged to ensure that no...

Insurance World

Sovereign Trust Insurance Advances Expansion Plans with N5bn Rights Issue Signing

BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has completed the structuring phase of its planned N5 billion Rights Issue, marking a significant step in...

Insurance World

Insurance Sector Eyes Growth as Reform Implementation Begins

BY NKECHI NAECHE-ESEZOBOR—Nigeria’s insurance industry may be on the cusp of fresh growth opportunities as regulators and industry leaders unveil new reforms and...

Insurance World

NAICOM Begins Issuance of Five-Year Licences to Insurance Brokers

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM) has commenced the issuance of five-year licences to insurance brokers as part of ongoing reforms in...

Insurance World

Recapitalisation: Universal Insurance Meets MCR Statutory Deposit, Pays ₦1.165bn to CBN

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has reinforced its financial strength and regulatory compliance by successfully meeting a key recapitalisation requirement under the Nigerian...