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Insurance Hub

Universal Insurance Solvency Ratio Remains Resilient Amid Macro Uncertainties

Universal Insurance Plc solvency ratio has remained resilient in the face of macro uncertainties, which indicates the insurer is well capitalised with strong buffers...

Regency Alliance to Raise N3.04bn Through Rights Issue

Regency Alliance Insurance Plc is planning on raising N3.04 billion through a rights issue to accelerate its digital transformation, and enhance claims efficiency. Existing shareholders...

Fortis Global Insurance to Strengthen Capital Structure With Share Reconstruction

Fortis Global Insurance Plc has received approval from the regulator to reconstruct its share capital as part of the insurer’s strategic plans to reshape...

Cornerstone Bolsters Investor Confidence With 617% Solvency Margin Ratio

Cornerstone Insurance Plc strong solvency margin ratio instils confidence in the ability of the insurer to pay claims, meet future contingencies and business growth...

Nigeria Insurers Record Healthy Underwriting Margins Amid Macroeconomic Uncertainty

Despite inflationary pressures, foreign exchange volatility, and rising energy costs, insurers in Africa's most populous nation have shown resilience as they maintained healthy underwriting...

Fortis Global Insurance 5% Solvency Margin Flags Insolvency Risk as Underwriting Deteriorates

Fortis Global Insurance Plc is facing mounting solvency risk as a deteriorating solvency margin ratio of just 5% by the end of the 2025...

International Energy Insurance Opens ₦17.5 Billion Offer to Increase Underwriting Capacity

International Energy Insurance Plc (IEI) has officially entered the primary market with a ₦17.50 billion Public Offer aimed at recapitalizing its balance sheet. The...

Mutual Benefit Confirms Financial Stability With 512% Solvency Margin Ratio

Mutual Benefit Assurance Plc healthy solvency ratio assures policyholders that claims will be paid, even during severe economic downturns or natural disasters. Mutual Benefit Assurance...

Guinea Insurance Swings to ₦353M Loss on Claims Explosion

Guinea Insurance Plc posted a ₦352.65 million loss after tax for Q1 2026, flipping from a ₦130.31 million profit a year earlier, as claims...

AXA Mansard Profit Slumps on N2.42bn Foreign Exchange Loss

AXA Mansard Insurance Plc has succumbed to foreign exchange losses on outstanding claims, cost pressures, and combined with global economic uncertainties as the insurer’s...

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