News
Linkage Assurance strengthened by ratings, sets ₦12.3 billion rights offer
2+ day, 36+ min ago (459+ words) Linkage Assurance Plc has received affirmation from global rating agency AM Best, which maintained the company's Financial Strength Rating at C++ (Marginal) and its Long-Term Issuer Credit Rating at "B+" (Marginal), with a stable outlook. The ratings reflect the insurer's…...
NAICOM rules out deadline shift as insurance recapitalisation clock ticks
2+ mon, 1+ week ago (1252+ words) Nigeria's insurance regulator has firmly shut the door on any possibility of extending the ongoing recapitalisation deadline, insisting that operators must align with the timelines stipulated in law or risk being edged out of the market. The National Insurance Commission…...
Experts spotlight systemic cyber risks shaping insurance in 2026
2+ mon, 1+ week ago (859+ words) Cyber risk is set to enter a more complex and systemic phase by 2026, as hidden digital interdependencies rather than isolated cyberattacks emerge as the dominant threat shaping losses across the insurance and reinsurance market. This outlook was highlighted in an…...
De-risking smallholder farm lending amid climate shocks in Africa
2+ mon, 1+ week ago (1116+ words) According to GSMA, climate change has heightened farmers" exposure to risks such as droughts, floods and irregular rainfall, deepening vulnerabilities within an already underserved segment of the financial system. As a result, many farmers remain excluded from formal financial services,…...