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NAICOM: Seven Additional Insurers Have Met Recapitalisation Deadline

15/08/2026

emPLE General Insurance Limited
emPLE Life Assurance Limited
Sovereign Trust Insurance Plc
Tangerine Life Insurance Limited
Alliance & General Insurance Plc
Guinea Insurance Plc
Regency Alliance Insurance Plc

With this development, forty-eight (48) insurance companies and two (2) reinsurance companies have been confirmed and verified as compliant with the Minimum Capital Requirements stipulated under NIIRA 2025 and applicable insurance laws and guidelines issued by the Commission, thereby bringing the Nigerian insurance industry recapitalisation exercise to a successful conclusion.

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NAICOM: Seven Additional Insurers Have Met Recapitalisation Deadline

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