insurance

Cornerstone Insurance Plc and its subsidiary, FIN Insurance Company Limited, have been recognised by the National Insurance Commission (NAICOM) as companies that have met the recapitalisation requirements under the Nigerian Insurance…

Following a rigorous 12-month verification process, the National Insurance Commission (NAICOM) has announced that 43 insurance companies have completed the sector-wide recapitalisation exercise, thereby meeting the new Minimum Capital…

The National Insurance Commission (NAICOM) has called on the Nigerian Insurers Association (NIA) to take the lead in rebuilding public confidence as Nigeria’s insurance sector enters a new reform phase. Speaking in Abuja, the…

Olusegun Ayo Omosehin, Nigeria's Commissioner for Insurance has called for bold regulatory reforms and digital innovation to close Africa’s insurance protection gap and unlock inclusive economic growth across the continent. He spoke at…

Custodian Investment Plc has reported an after-tax profit of N11.7 billion for its second-quarter operations against the company’s forecast loss of N5 billion. The second quarter's performance was an improvement on the first quarter's…

PULA Advisors AG and three others have paid N110 million insurance claims to Nigerian farmers. Other members of the consortium are Leadway Assurance Company Limited, Heifer International, and AFEX Commodity Exchange. Michael Enahoro,…

The President of the Real Estate Developers Association of Nigeria ( REDAN), Aliyu Oroji Wamakko has warned members against embarking on the construction of buildings without having insurance licences. He stated this during an interview…

Coronation Insurance Plc has pulled back from a loss of N2.6 billion in the preceding financial year to build an after-tax profit of N1.3 billion at the end of the 2022 financial year. This is in spite of a bad turn from associate profit –…

Ademola Olutusin, is now the new Chairman of the Lagos Area Committee of the Nigerian Council of Registered Insurance Brokers (NCRIB). Olutusin who is the managing director of, Denos Insurance Brokers Limited, takes over…

In Commendation of the great strides recorded this year, Universal Insurance Plc has won the Pearl Award for the listed Company with the Highest Earnings Yield in 2022.