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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...