NAICOM
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...
NAICOM, IFSB Move to Expand Takaful Insurance Coverage in Nigeria
By Benson Daniel The National Insurance Commission, NAICOM, and the Islamic Financial Services Board, IFSB, are working on measures to strengthen Nigeria’s Takaful...
Fortis Global Insurance Strengthens Board With Two New Appointments
By Benson Daniel Fortis Global Insurance Plc has strengthened its board with the appointment of Dr Umar Faruk Umar as an Independent Non...
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...
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...
NICON, Nigeria Re Face Tough Challenge in Dispute with NAICOM
By Benson Daniel NICON Insurance Limited and Nigeria Reinsurance Corporation are facing an uphill battle in their dispute with the National Insurance Commission...
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...
