3 d. ago How NIIRA enhances legal certainty, operational efficiency, investor confidence in maritime —Report

A new report by Stren & Blan Partners has outlined how the Nigerian Insurance Industry Reform Act 2025 (NIIRA is reshaping the country’s maritime sector by strengthening legal certainty, improving operational efficiency, and boosting investor confidence. With commercial trade in Nigeria heavily reliant on maritime transport, the reforms are expected to significantly enhance the safety […]

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1 week ago Why Nigeria’s insurance penetration remains low despite high population

Nigeria’s insurance industry penetration remains low at 0.4 percent of the gross domestic product (GDP) despite the country’s over 200 read more Why Nigeria’s insurance penetration remains low despite high population

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2 w. ago NEM Insurance clinches ‘General Insurance Company of the Year’ at 2025 Almond Awards

NEM Insurance Plc has been named the General Insurance Company of the Year at the 2025 Almond Insurance Industry Awards, held over the weekend at The Stable Event Centre in Lagos. The recognition, which placed NEM Insurance ahead of other strong contenders in the category, underscores the company’s consistent performance, innovation, and contribution to Nigeria’s […]

Politics

2 w. ago NEM Insurance Wins ‘Best General Insurance Company Of The Year’ Award

NEM Insurance Plc has been named the ‘Best General Insurance Company of the Year’ at the 2025 Almond Insurance Industry Awards, held on Friday in Surulere, Lagos. The company clinched the award ahead of other nominees, marking a significant recognition of its excellence within Nigeria’s insurance sector. The glamorous event celebrated outstanding achievements across the […]

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3 w. ago Regency Alliance Grows Assets To N21.8bn, Plans Rights Issue Ahead of Recapitalisation

Regency Alliance Insurance Plc’s total assets increased by 15.96 per cent to N21.857 bn in the 2024 financial year, compared to N18.848bn in 2023. The board also approved plans for a rights issue and private placement to raise the minimum capital required of N15bn in accordance with the new Insurance Industry Reform Act (NIIRA) 2025. […]

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3 w. ago Forging common front for insurance industry recapitalisation

The Corporate Affairs Commission (CAC) and the National Insurance Commission (NAICOM) appear committed to ensuring that NIIRA 2025 sets the stage for a stronger, more resilient insurance industry that contributes meaningfully to Nigeria’s economic transformation, writes JOSEPH INOKOTONG. THE Corporate Affairs Commission (CAC)’s firm pledge of support for the National Insurance Commission (NAICOM) in implementing […]

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3 w. ago NCRIB President charts new course to drive inclusive sector growth

THE newly elected President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs. Ekeoma Ezeibe, has unveiled “One Insurance Industry” as the central thrust of her administration, aimed at fostering unity, deepening market penetration, and repositioning the insurance sector for greater national impact. Mrs. Ezeibe announced this strategic agenda during a press conference in […]

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3 w. ago Insurance industry in Africa stands at a defining moment – Olajolo

Olamide Olajolo, chief executive officer, Coronation Insurance, has said that Africa’s insurance industry stands at a defining moment — one read more Insurance industry in Africa stands at a defining moment – Olajolo

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