11 h. ago The Nigerian Insurance Industry Reform Act 2025 – Navigating compliance

Introduction On Tuesday, August 5, 2025, the Nigerian President, Bola Ahmed Tinubu signed into law the Nigerian Insurance Industry Reform read more The Nigerian Insurance Industry Reform Act 2025 – Navigating compliance

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33 h. ago KBL Insurance rides on sector reform to drive compulsory insurance

KBL Insurance Limited is leveraging the Nigerian Insurance Industry Reform Act (NIIRA) 2025 to drive compulsory insurance across Nigerian homes read more KBL Insurance rides on sector reform to drive compulsory insurance

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39 h. ago Guinea Insurance Premium Hits N2.94bn As Shareholders Approve Recapitalisation Plan

Guinea Insurance Plc shareholders have approved the company’s raising additional capital when necessary, in accordance with the Nigerian Insurance Industry Reform Act 2025 (NIIRA 2025). The shareholders, at the company’s 67th annual general meeting (AGM) held virtually, said this approval would give the insurer flexibility to strengthen its capital base, comply with upcoming regulatory benchmarks, […]

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1 week ago NIIRA 2025 to strengthen insurance growth, boost public confidence —NCRIB President

Tribune Online NIIRA 2025 to strengthen insurance growth, boost public confidence —NCRIB President The President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB), Prince Babatunde Oguntade, has highlighted the far-reaching benefits of the newly enacted Nigerian Insurance Industry Reform Act (NIIRA) 2025, describing it as a game-changer for the sector and the wider economy. Delivering a goodwill message at the 2nd […] NIIRA 2025 to strengthen insurance growth, boost public confidence —NCRIB President Tribune Online

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2 w. ago New Law Offers N2m Medical Compensation For Uninsured Accident Victims

The new insurance law has been introduced to help victims of road accidents involving uninsured vehicles. Under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, anyone injured in an accident caused by a car without insurance can now receive up to N2 million in medical compensation. This law aims to ensure that accident victims are […]

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3 w. ago Reshaping Nigeria’s Insurance Landscape: The recapitalisation mandate under the Nigerian Insurance Industry Reform Act 2025

INTRODUCTION On 5th August 2025, President Bola Ahmed Tinubu assented to the Nigerian Insurance Industry Reform Act (the ‘‘Act’’), 2025, read more Reshaping Nigeria’s Insurance Landscape: The recapitalisation mandate under the Nigerian Insurance Industry Reform Act 2025

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3 w. ago Insurance reform success hinges on governance structure – Odukale

As the Nigerian insurance industry regulatory reform towards public awareness and evolving customer expectations heighten with recapitalisation at the forefront read more Insurance reform success hinges on governance structure – Odukale

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last month Insurance Operators Laud NIIRA Presidential Assent As Catalyst For Market Growth, Inclusion

The Nigerian insurance industry has backed the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 into law, viewing it as a crucial catalyst for significant market growth and enhanced financial inclusion. Insurance operators and brokers nationwide see the Act as a pivotal step aligned with President Bola Ahmed Tinubu’s vision of building a […]

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