Monday, April 13, 2026
NAICOM gets teeth to bite with new insurance act
Joy Agwunobi The National Insurance Commission (NAICOM) has reiterated its commitment to strengthening enforcement, boosting claims settlement, and rebuilding public...
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Coronation Insurance doubles revenue to N49.4bn in 2024
Business a.m Coronation Insurance Plc has announced its strongest financial performance with revenue doubling to N49.4 billion in 2024, representing...
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NIIRA targets unlicensed insurance intermediaries with jail terms, heavy fines
Joy Agwunobi Unlicensed insurance agents in Nigeria now face up to six months’ imprisonment or a fine of ₦500,000 under...
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Sovereign Trust Insurance grows Q2 2025 revenue by 45%
Joy Agwunobi Sovereign Trust Insurance Plc has posted a robust financial performance for the second quarter of 2025, reflecting a...
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Expert blames complex insurance contracts for low public trust
Joy Agwunobi A Nigerian financial expert, Johnson Chukwu, has attributed the low level of public trust in the country’s insurance...
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Tinubu’s insurance reform sets $1trn economy goal
Joy Agwunobi President Bola Ahmed Tinubu has signed into law the Nigerian Insurance Industry Reform Act (NIIRA) 2025, marking a...
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Leadway Assurance, Ecobank to expand access to tailored insurance solutions
Joy Agwunobi Leadway Assurance, one of Nigeria’s foremost insurance providers, has entered into a strategic bancassurance partnership with Ecobank Nigeria...
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Heirs Insurance launches creators fellowship to simplify insurance education for young Nigerians
Joy Agwunobi As insurance penetration in Nigeria continues to lag behind global and regional averages, Heirs Insurance Group has taken...
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Emerging economies face growing risk as disaster insurance gaps widen
Joy Agwunobi As climate-related disasters intensify across the globe, the widening gap in natural catastrophe (NatCat) insurance coverage is emerging...
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IAIS, World Bank outline insurance fix for NatCat gaps
Joy Agwunobi The International Association of Insurance Supervisors (IAIS), in collaboration with the World Bank Group, has developed and submitted...
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