Sunday, May 3, 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...
Read moreDetailsNAICOM inaugurates 11-member committee to drive insurance recapitalisation
Joy Agwunobi The National Insurance Commission (NAICOM) has formally inaugurated an 11-member Recapitalisation Committee to spearhead the implementation of Nigeria’s...
Read moreDetailsNAICOM hails reform Act as a defining turning point for Nigeria’s insurance sector
Joy Agwunobi The National Insurance Commission (NAICOM) has described the newly enacted Reform Act 2025 as a landmark achievement capable...
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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%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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