Tuesday, March 10, 2026
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%Â
Joy Agwunobi Sovereign Trust Insurance Plc has posted a robust financial performance for the second quarter of 2025, reflecting a...
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Tinubu orders pension reforms for low income retirees
Joy Agwunobi President Bola Ahmed Tinubu has ordered the immediate rollout of free healthcare for low-income retirees under the Contributory...
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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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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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NAICOM releases operational guidelines for insurtech firms, effective August 1
The National Insurance Commission (NAICOM) has issued operational guidelines for Insurtech businesses in Nigeria, marking a significant step toward regulating...
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CIIN partners tech firm to train one million youths on insurance
The Chartered Insurance Institute of Nigeria (CIIN) has intensified its efforts to boost insurance awareness and education among Nigerian youths...
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