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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...

Insurance World

Universal Insurance Emerges Best Insurance Company Supporting Youth Drug Abuse Prevention in Nigeria

Universal Insurance Plc has once again demonstrated strong leadership in corporate social responsibility, emerging as the Best Insurance Company Supporting Youth Drug and...

Insurance World

Universal Insurance Shareholders Approve ₦15bn Capital Raise

BY NKECHI NAECHE-ESEZOBOR-Shareholders of Universal Insurance Plc have approved a series of resolutions authorising the company to raise up to ₦15 billion in...

Insurance World

Universal Insurance Grows Insurance Revenue To N8.02billion In FY 2023, As Profit Hits N514.6million

BY NKECHI NAECHE– ESEZOBOR–Despite the harsh economic challenges in the operating environment, Universal Insurance Plc has once again recorded an outstanding success. Speaking...

Insurance World

Universal Insurance Targets N100bn Premium Income In five Years

NKECHI NAECHE-ESEZOBOR–The Managing Director of Universal Insurance Plc, Mr. Ben Ujoatuonu, has said that the company will hit N100 billion in premium income...