Sunday, November 1, 2026
Coronation Insurance renews bid for minority shareholders’ buyout, NGX exit
Coronation Insurance Plc has renewed its application for regulatory approval to buy out minority shareholders, paving the way for a...
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Satellite, mobile data offer new route to AI-driven insurance in Africa
Poor data quality, fragmented information systems and limited access to reliable insurance records are emerging as major barriers to the...
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NAICOM moves to tie insurers’ capital to underwriting risks
The National Insurance Commission (NAICOM) is developing new capital rules that will require insurance companies to hold funds in line...
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Investors pour $300m into African insurtech as insurance market targets $161bn
Investors have poured more than $300 million into African insurance technology (insurtech) startups over the past five years as companies...
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Fire drives over 40% of business interruption claim costs, Allianz finds
Fire and explosion accounted for more than 40 percent of the value of business interruption insurance claims analysed globally over...
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PenCom demands capital compliance, better pension returns
The National Pension Commission (PenCom) has warned pension operators yet to meet the industry's recapitalisation requirements to comply with the...
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Insurers turn to product innovation to deepen market penetration
Nigerian insurers are expanding their product offerings across motor, life and travel-related risks, with new policies targeting motorists, families and...
Read moreDetailsPenCom tightens oversight of pension asset transfers
The National Pension Commission (PenCom) has strengthened controls around the transfer of assets between pension funds, requiring Pension Fund Administrators...
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Insurers struggle to turn AI adoption into business value, KPMG finds
Global insurers are increasing their use of artificial intelligence, but many are yet to make the deeper changes needed to...
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Why 78% Nigerians still struggle to make insurance part of their lives
Nigeria's insurance industry is trying to bring millions more people into the market, but the sector's own assessment points to...
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