1+ day, 1+ hour ago   (836+ words) …as firm bets on technology, customer trust Fortis Global Insurance Plc is moving into a new phase of growth after successfully strengthening its capital base, settling legacy obligations and restoring stability to its operations, with management now turning its attention…...

2+ day, 16+ hour ago   (413+ words) AIICO Insurance Plc has moved to protect its corporate reputation and business integrity after what it described as a sustained campaign of false and misleading allegations by a former agent, Obinna Adolphus Nwosu. The insurer said Nwosu, whose agency appointment…...

2+ day, 6+ hour ago   (256+ words) …as policyholders hang hope on liquidator The irony is that the amount required to keep the company alive was not extraordinary by the standards of Nigeria’s insurance industry. N15 billion was the minimum capital threshold prescribed for non-life insurers under the…...

5+ day, 18+ hour ago   (440+ words) L-R: Umesh Rathod, managing director/CEO; Funmi Oyetunji, board chairman; and Chidinma Ibe-Lious, company secretary, all of Prestige Assurance Plc during its Annual General Meeting held in Lagos Underwriting firm, Prestige Assurance Plc, paid N15.53 billion in claims to policyholders in…...

6+ day, 17+ hour ago   (970+ words) Business News Nigeria - Insurance sector reforms: An overview of the oversight obligations of the board of insurance companies in Nigeria Despite its huge potential, the Nigerian insurance sector has been dogged by low public trust, undercapitalisation, and perceived slow or…...

1+ week, 21+ hour ago   (1149+ words) Nigeria’s insurance industry must now move beyond the recently concluded recapitalisation exercise and focus on deploying the stronger capital base to deepen insurance coverage, improve claims settlement and provide the long-term risk protection needed to support economic growth. “The process…...

1+ week, 5+ day ago   (364+ words) Unitrust Insurance Company Limited proudly celebrates its 40th Anniversary, marking four remarkable decades of delivering security, confidence and peace of mind to individuals, families and businesses across Nigeria. Since its incorporation on 13th August 1986, Unitrust Insurance has evolved into one of Nigeria’s…...

1+ week, 6+ day ago   (503+ words) In this newsletter, we examine the key provisions of the Guidelines and highlight some of the legal and commercial considerations for insurers and policyholders. Who Do the Guidelines Apply To? The Guidelines apply to all International Private Medical Insurers or…...

2+ week, 17+ hour ago   (653+ words) The fate of eight insurance companies still awaiting regulatory clearance is set to become clearer as the National Insurance Commission (NAICOM) concludes its final verification of their capital positions under the industry’s recapitalisation exercise. The outcome could reshape the competitive…...

2+ week, 2+ day ago   (650+ words) AIICO Insurance Plc grew after-tax profit by 19 percent in the first half of 2026, continuing a run of double-digit earnings growth, and the numbers behind the headline are, on balance, encouraging. The insurer’s operating cash flow strengthened, its underwriting business held…...