6+ hour, 6+ min ago   (333+ words) AIICO Insurance Plc has raised concerns over what it described as a sustained campaign of “misleading allegations” allegedly being circulated by a former agent of the company, Obinna Adolphus Nwosu. The insurer said the allegations had been directed at several…...

2+ week, 3+ day ago   (581+ words) Five insurance companies have provided updates on their recapitalisation efforts, outlining varying stages of compliance with the National Insurance Commission’s new minimum capital requirements under the Nigerian Insurance Industry Reform Act 2025. The updates come after NAICOM announced that 43 insurers had…...

2+ week, 3+ day ago   (204+ words) According to the insurer, it ended the second quarter of 2026 with shareholders’ funds of N58bn, total assets of N89.9bn, insurance revenue of N23.1bn and profit before tax of N25.9bn. It also reported claims paid of N6.9bn and a solvency margin of N35.6bn as of December 2025, while…...

2+ week, 4+ day ago   (181+ words) The Managing Director/Chief Executive Officer of CHI Life Assurance Limited, Tope Ilesanmi. | Credit: CHI Life Assurance Limited With a solid financial foundation and an expanding customer base, CHI Life Assurance continues to strengthen its position as a trusted provider…...

2+ week, 4+ day ago   (733+ words) Rex Insurance Limited has met the new Minimum Capital Requirement set by the National Insurance Commission, strengthening the company’s financial position and boosting its capacity for future growth. The firm said the milestone follows NAICOM’s publication of insurance firms that…...

2+ week, 4+ day ago   (274+ words) Linkage Assurance Plc delivered a strong earnings performance in the first half of 2026, with profit after tax rising 74 per cent to N3.11bn despite a challenging business environment. The company’s unaudited financial statements for the six months ended 30 June 2026, submitted to the…...

2+ week, 5+ day ago   (298+ words) Business analyst, Chika Mbonu Business analyst, Chika Mbonu, says Nigeria’s weak insurance sector is not only limiting economic growth but also exposing banks and the wider financial system to greater risks. Speaking on Arise News on Tuesday, Mbonu said insurance…...

1+ mon, 1+ week ago   (763+ words) To deepen health insurance uptake and advance Universal Health Coverage, Ultimate Health Management Services has formally launched its Group, Individual and Family Social Health Insurance Programme targeting Nigeria’s 85 per cent informal sector. GIFSHIP, also known as U-Health, is the Federal…...

1+ mon, 1+ week ago   (506+ words) Guinea Insurance Plc has announced an optimistic financial outlook for the third quarter of 2026, projecting a surging bottom line driven by robust core business growth and a massive expected capital injection. The regulatory filing to the Nigerian Exchange Group, outlining…...

1+ mon, 2+ week ago   (342+ words) The Chairman of NIA, Ebelechukwu Nwachukwu, made this call as the body extended its sympathies to individuals, families, and businesses affected by the recent flooding across several parts of Lagos State following persistent heavy rainfall. “The NIA chairman urged all…...