Monday, November 2, 2026
African Alliance submits recapitalisation plan after regulatory exit
African Alliance Insurance Plc has disclosed that it has submitted its recapitalisation plan to the National Insurance Commission (NAICOM) and...
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NAICOM issues new licences to recapitalised insurers
The National Insurance Commission (NAICOM) has presented new licence certificates to insurance companies that successfully met the Commission's revised minimum...
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NAICOM enforces automatic ECOWAS Brown Card cover for Nigerian motorists
The National Insurance Commission (NAICOM) has directed all insurance companies operating in Nigeria to begin the automatic issuance of ECOWAS...
Read moreDetailsNAICOM approves 43 insurers after recapitalisation
The National Insurance Commission (NAICOM) has confirmed that 43 insurance and reinsurance companies have met the new minimum capital requirements...
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AXA Mansard launches digital platform to cut healthcare waiting times
AXA Mansard Plc has introduced a WhatsApp-based digital platform aimed at reducing delays in access to healthcare services, as the...
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Africa’s insurance industry eyes $166bn future amid digital transformation
Africa's insurance industry is projected to grow from $98.5 billion in 2025 to $166.1 billion by 2034, as digital innovation,...
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NAICOM, insurers seek stronger media partnership to drive insurance reforms
The National Insurance Commission (NAICOM) and the Nigerian Insurers Association (NIA) have called for deeper collaboration with insurance journalists, saying...
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Africa’s insurance data gap driving higher reinsurance costs
African insurers are paying a hidden price for poor-quality data, with weak information systems driving up reinsurance costs, restricting underwriting...
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Heirs General Insurance urges insurance-backed housing policy
Heirs General Insurance has called for insurance to be embedded into Nigeria's housing development strategy, warning that efforts to address...
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Africa, Middle East lead global drop in commercial insurance rates
Commercial insurance rates across the India, Middle East and Africa (IMEA) region declined by 16 per cent in the second...
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