Browsing Category
insurance
Insurance Firms Rush to Meet Sept 30 Recapitalisation Deadline Amid New NIIRA 2025…
Insurance companies across Nigeria are racing against the September 30 deadline to submit their recapitalisation…
Nigerian Insurance Sector Experiences 61% Growth in 2024, with Focus on Claims…
The Nigerian insurance industry has witnessed an impressive 61% growth as of the third quarter of 2024, as…
Insurance Operators Urged to Drive Reforms for National Development
Insurance sector operators have been called upon to implement significant reforms aimed at improving the…
Experts Urge Balance Between AI and Human Resources in Insurance Industry
As technological advancements such as Artificial Intelligence (AI), Big Data, IoT, and Blockchain continue to…
NAICOM Releases New Regulation on Annuity Business Underwriting
The National Insurance Commission (NAICOM) has introduced new regulatory requirements for life insurance companies…
Guinea Insurance Targets N1.75bn Gross Premium Written in Q1 2025
Guinea Insurance has projected a gross premium written (GPW) of N1.75 billion for the first quarter of 2025,…
Guinea Insurance Targets N1.75bn Premium Boost with Strategic Vision
Guinea Insurance has announced a projection of N1.75 billion in gross premium written for the first quarter of…
PenCom Ensures Pension and Insurance Coverage for Over 38,000 Employers
The National Pension Commission (PenCom) has revealed that over 38,000 employers secured pension and insurance…
Leadway Assurance Plays Transformative Role in SMEs
Leadway Assurance has reaffirmed its commitment to supporting Small and Medium Enterprises (SMEs) by offering more…
Capital Express unveils insurance group
Capital Express Group has officially unveiled its insurance arm, comprising two rebranded entities: Capital…
NSIA Insurance donates furniture to school
NSIA Insurance Limited has donated furniture and school supplies to Government College, Victoria Island, Lagos, as…
Continental Reinsurance gets positive ratings
Continental Reinsurance, a leading pan-African reinsurance company, has received a B+ financial strength rating…
Insurance firms eye N4.98bn profit in 2025
Three leading Nigerian insurance firms Cornerstone Insurance, AIICO Insurance, and International Energy Insurance…
NAICOM ICRC Set Agenda for Insurance of Public-Private Assets
The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have…
African Alliance Insurance pays N780m in claims to annuitants
African Alliance Insurance has commenced the payment of N780 million in claims and annuities as part of its…
Public Private Partnership (PPP) Assets To Get Insurance Cover As From Next Year
The Infrastructure Concession Regulatory Commission (ICRC), in collaboration with the National Insurance…
Finance and insurance sector grow economy by 30.83% on CBN rate hike
The finance and insurance sector recorded a 30.83% growth in real GDP in Q3 2024, driven by the Central Bank of…
Coronation Insurance declares N2.2bn profit
Coronation Insurance Group has reported a profit before tax of N2.2 billion for the financial year ending December…
African Alliance Insurance pays N780m to annuitants
African Alliance Insurance Plc has disbursed N780 million to annuitants under its new interim management. The…
Coronation Insurance reports N2.2bn profit highlights digital transformation
Coronation Insurance Plc has announced a profit before tax of N2.2 billion for the financial year ending 2023, a…
Nigeria’s insurance market’s premium hits N813.1b
Nigeria’s insurance industry achieved a significant milestone with Gross Premium Written (GPW) reaching N813.1…
Heirs Insurance Group calls for AI innovation to drive insurance growth in Africa
At the West African Insurance Companies Association Conference in Accra, Niyi Onifade, Sector Head of Heirs…
Heirs Insurance Chief Urges AI Adoption to Transform West Africa’s Insurance…
Niyi Onifade, Head of Heirs Insurance Group, emphasized the transformative potential of Artificial Intelligence…
NAICOM Promotes Takaful to Enhance Financial Resilience
The National Insurance Commission (NAICOM) has highlighted the importance of Takaful, an Islamic insurance system…
Noor Takaful Unveils Health Insurance and Digital Solution
Noor Takaful Insurance Limited has launched NOOR Health, a Health Maintenance Organization (HMO) designed to…
EFCC, NAICOM partner to boost insurance sector
The Economic and Financial Crimes Commission (EFCC), led by Chairman Mr. Ola Olukoyede, has pledged to enhance its…
Elumelu urges increased female leadership in insurance sector
Dr. Awele Elumelu, Chairperson of Heirs Insurance Brokers and Avon HMO, has joined the growing movement calling…
Guinea Insurance Achieves Strong Growth in Revenue and Profit Through Strategic…
Guinea Insurance Plc reported significant financial growth for 2023, with revenue rising by 49.4% to N2.077…
PenCom Targets Self-Employed Professionals with Enhanced Micro Pension Scheme
The National Pension Commission (PenCom) has announced plans to expand and promote its micro pension initiative…
African Alliance to court nullify NAICOM’s dissolution of our board
African Alliance Insurance Plc has taken legal action against the National Insurance Commission (NAICOM) at the…