. Universal Insurance Plc has secured a N7.128 billion equity investment from FPNG Co-Nvest Limited, in a move aimed at helping the insurer satisfy the National Insurance Commission’s (NAICOM) revised...
. The National Insurance Commission (NAICOM) has confirmed seven additional insurance companies as having satisfied Nigeria’s revised minimum capital requirements, bringing the number of compliant ope...
. Nigeria’s insurance industry has raised at least N720 billion through the recently concluded recapitalisation exercise, strengthening the financial capacity of compliant operators even as experts ca...
. Former Commissioner for Insurance and former chief executive of the National Insurance Commission (NAICOM), Mohammed Kari, has cautioned the Federal Government against intervening in regulatory deci...
. Rex Insurance Limited has successfully met the new Minimum Capital Requirement (MCR) introduced by the National Insurance Commission (NAICOM) under the Nigerian Insurance Industry Reform Act (NIIRA)...
. Nigeria’s insurance regulator, the National Insurance Commission (NAICOM), has revoked the operating licence of Nigeria Reinsurance Corporation, citing the company’s failure to comply with the...
. Guinea Insurance Plc has announced the successful completion of a ₦12.6 billion capital raise, declaring that the fresh injection of funds has pushed the company beyond the new minimum capital requi...
. Nigeria’s insurance sector has reached a major regulatory milestone as the National Insurance Commission (NAICOM) announced that 43 insurance and reinsurance companies have successfully satisf...
. Nigeria’s insurance industry has recorded significant progress in its ongoing recapitalisation exercise, with more than 70 percent of insurance companies completing the mandatory capital verif...