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recapitalisation
Recapitalisation: NAICOM Revokes Royal Exchange Prudential Life Insurance License
BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), has revoked the certificate of registration for Royal Exchange Prudential Life Insurance PLC over its failure...
CHI Life Reaffirms Long-Term Commitment to Policyholders Following Successful Recapitalisation
CHI Life Assurance Limited, a subsidiary of Consolidated Hallmark Holdings Plc, has reaffirmed its financial strength and long-term commitment to policyholders following its...
Anchor Insurance MD Unveils Post-Recapitalisation Growth Plan with Over ₦25.5 Billion Capital Base
Dr. Ebose Augustine Osegha, MD/CEO, Anchor Insurance Company Limited [L] heartily receiving the Certificate of licensing of the Company as a Non-Life Insurer...
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,...
LASACO Secures SEC Approval for Share Allotment Ahead of Recapitalisation
BY NKECHI NAECHE-ESEZOBOR—LASACO Assurance Plc has secured the approval of the Securities and Exchange Commission (SEC) for the allotment of 9,236,321,546 ordinary shares...
Regency Alliance Advances Recapitalisation with 7.37 Billion Share Private Placement
Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and...
Nigerian Insurance Industry Hits ₦2.3 Trillion Premium Milestone in 2025 – NIA
BY NKECHI NAECHE-ESEZOBOR—The Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed, has disclosed that Nigeria’s insurance industry recorded a historic Gross...
Enterprise Life Exceeds Recapitalisation Requirement, Rules Out Merger Plans
Enterprise Life Assurance (Nigeria) Limited has announced that it has fully met the recapitalisation requirements set by regulators and will not pursue any...
