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Insurance World

AIICO Insurance Gains NAICOM Compliance Clearance, Hits ₦661bn Total Assets

AIICO Insurance Plc has received a new operational licence from the National Insurance Commission (NAICOM), confirming its full compliance with the recapitalisation requirements...

Insurance World

Coronation Insurance, Coronation Life Meet NIIRA 2025 Minimum Capital Requirements Following Successful ₦9.2bn Capital Raise

Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements stipulated under the Nigerian Insurance Industry Reform...

Insurance World

Rex Insurance Meets NAICOM Minimum Capital Requirement Under NIIRA 2025

BY NKECHI NAECHE-ESEZOBOR—Rex Insurance Limited has successfully met the new Minimum Capital Requirement (MCR) prescribed by the National Insurance Commission (NAICOM) under the...

Insurance World

Almond Insurance Awards Opens Nominations for 2026 #REEMERGENCE Edition

BY NKECHI NAECHE-ESEZOBOR—Almond Productions Limited, the organizers of the annual Almond Insurance Industry Awards, has opened nominations for the 2026 awards ceremony, themed...

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...