Nigerian Exchange Limited (NGX) has suspended trading in the shares of Universal Insurance Plc, effective Thursday, August 20, 2026.
The regulatory action directly follows...
Heirs Life Assurance, the specialist life insurance company of Heirs Insurance Group, has appointed Pastor Jerry Eze as an Independent Non-Executive Director on its...
The Nigerian Insurers Association (NIA) has outlined a comprehensive strategy aimed at increasing insurance penetration in Nigeria.
The Chairman of NIA, Mrs Ebelechukwu Nwachukwu, said...
Leadway Assurance Ltd. says its post-recapitalisation strategy will focus on digital growth, expanded underwriting capacity and stronger commitment to policyholders.
The company disclosed this in...
The Nigerian Insurers Association (NIA) has commended the National Insurance Commission (NAICOM) for its fair, transparent and structured implementation of the industry’s recapitalisation exercise.
The...
The National Insurance Commission (NAICOM) has revoked the operating licence of Nigeria Reinsurance Corporation for failing to meet the statutory Minimum Capital Requirement (MCR).
NAICOM...
The National Insurance Commission (NAICOM) has presented new licence certificates to insurance companies that successfully met the Commission’s new minimum capital requirements.
The Commissioner for...
The National Insurance Commission (NAICOM) has confirmed that 43 insurance and reinsurance companies have complied with the new minimum capital requirements stipulated under the...
Through capital raising initiatives, Guinea Insurance Plc has been able to overcome regulatory headwinds as the insurer met the minimum capital requirement by the...
