Insurance
Mutual Benefits Approves N802m Dividend Payout
By Benson Daniel Shareholders of Mutual Benefits Assurance Plc have approved a dividend payout of N802.46 million for the financial year ended December...
Universal Insurance Sues NAICOM Over Licence Revocation
By Benson Daniel Universal Insurance Plc has taken the National Insurance Commission, NAICOM, to court, challenging the cancellation of its operating licence and...
Six Insurers Miss Recapitalisation Deadline as Regulatory Uncertainty Deepens
By Benson Daniel Six insurance companies have failed to meet Nigeria’s latest recapitalisation requirements ahead of the July 31, 2026 deadline, leaving the...
Guinea Insurance Completes Capital Raise, Targets Business Expansion
By Benson Daniel Guinea Insurance Plc has completed its capital-raising exercise, strengthening its financial position as the company moves to expand its operations...
SUNU Assurances Restructures Board, Targets Stronger Growth
By Benson Daniel SUNU Assurances Nigeria Plc is restructuring its board and executive leadership as the insurer moves to strengthen its operations, meet...
Europe’s Heatwaves Hit Businesses as Insurance Gaps Grow
Europe’s intensifying heatwaves are increasingly hurting businesses, cutting consumer spending and exposing companies to losses that traditional insurance often does not cover. In...
Consolidated Hallmark Clears New Insurance Capital Requirements
By Benson Daniel Consolidated Hallmark Holdings Plc has cleared a major hurdle in Nigeria’s ongoing insurance industry recapitalisation exercise after confirming that its...
Lasaco Assurance Raises N19.3 Billion to Strengthen Capital Base
By Benson Daniel Lasaco Assurance Plc has successfully raised N19.3 billion through a capital-raising exercise, strengthening its financial position as the company moves...
