Tuesday, October 21, 2025
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NAICOM Licenses 7 New Firms to Expand Insurance Market

The National Insurance Commission (NAICOM)has issued seven new licenses to expand and grow the insurance industry
in Nigeria.
The new companies include:
HEIRS Insurance General
Stanbic IBTC Life Insurance Limited
HEIRS Life Insurance
Enterprise Life Assurance Company Limited
Salam Takaful
Cornerstone Takaful Insurance Company Limited
FBS Reinsurance Limited

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