News
Environmental Insurance for Nigerian Businesses: Why Fire and Burglary Protection Matters
10+ hour, 16+ min ago (1113+ words) Commerce is ingrained in the identity and history of Nigeria. From the markets in Kano and Onitsha, to the ones in Lagos and Port Harcourt, businesses, irrespective of their sizes, have been the core of the nation at large. However,…...
KBL Insurance taps NIIRA for recapitalisation
2+ mon, 1+ week ago (310+ words) As the New Year begins, KBL Insurance Limited has reaffirmed its unwavering commitment to transparency, data integrity, and regulatory compliance, in alignment with the Nigeria Insurance Industry Reform Agenda (NIIRA) 2025. This is as it plans big to comply with the…...
NAICOM bans joint business between takaful and conventional insurers
6+ mon, 3+ week ago (285+ words) According to NAICOM, this is part of the regulatory measures to uphold the integrity of Takaful as a Shari'ah compliant financial model, ensure financial soundness within the sector, and mitigate potential systemic risks that may arise from operational entanglements with…...
Rex Insurance surges ahead one-year after transformation, winning broker confidence
7+ mon, 3+ week ago (510+ words) L-R: Ekeoma Ezeibe, MD, Crystal Trust Insurance Brokers; Ike Chioke, chairman, Rex Insurance; Ebelechukwu Nwachukwu, MD/CE, Rex Insurance; Solanke Ogunlana, MD, SCIB Nigeria; and Adesola Akintayo, ED, Technical Rex Insurance at the Rex Insurance Limited Breakfast Meeting with Broker…...
Universal Insurance grows PAT to N2.8bn full year
8+ mon, 2+ day ago (515+ words) Universal Insurance Plc has recorded Gross Written Premium (GWP) of N15.25 billion in the financial year ended December 31, 2024, recording a profit after tax of N2.8 billion. Jeff Duru, managing director/CEO of the Company, disclosed this in Lagos while speaking with Insurance…...
Coronation Insurance Hosts Business Protection Webinar for Corporates and Entrepreneurs
10+ mon, 1+ week ago (274+ words) Coronation Insurance Plc is hosting the next edition of its Webinar Series titled, "Business Protection Insurance: What Every Entrepreneur... - Coronation Insurance Hosts Business Protection Webinar for Corporates and Entrepreneurs In Nigeria's dynamic business environment, entrepreneurship is booming'but so are the…...
Alan Jervis leads discussion on growing Nigeria marine, energy insurance business
10+ mon, 1+ week ago (334+ words) Alan Jervis, London based insurance expert will lead discussion on how Marine, Energy and Liability underwriting business could enhance... Alan Jervis, London based insurance expert will lead discussion on how Marine, Energy and Liability underwriting business could enhance Nigeria's contribution…...
Oratib Insurance celebrates 15-years of successful business in Nigeria
10+ mon, 3+ week ago (325+ words) Oratib Insurance Consulting Limited has celebrated its 15-years of successful business in Nigeria, entering a new strategic phase... The pricing of catastrophe risks in the insurance and reinsurance sector needs to reflect the increased severity and frequency of events, and…...