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Insurance

Recapitalisation: NAICOM Adopts Risk-Based Capital Model, 12-Month Deadline

IMPLEMENTATION OF THE NEW MINIMUM CAPITAL REQUIREMENT (MCR) PRESCRIBED BY THE NIGERIAN INSURANCE INDUSTRY REFORM ACT (NIIRA) 2025 Following the enactment of the Nigerian...

NCRIB Joins Insurance Meets Tech 2025 as Institutional Partner to Drive Broker-Led Participation

Insurance Meets Tech (IMT), West Africa's leading platform for converging insurance and technology innovations, colloquium and discourse on policy environment and operational efficiencies, proudly...
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NAICOM Inaugurates 2025 Recapitalisation Committee to Achieve $1tn Economy Target

The National Insurance Commission (NAICOM) has constituted a 2025 Recapitalisation Committee, following President Bola Ahmed Tinubu's assent to the...

Former CFI of NAICOM, Sunday Thomas, to Chair NAIPE 2025 Conference

The Nigerian Association of Insurance and Pension Editors (NAIPE) has named the MD/CEO of Arthur Stevens Asset Management Limited,...

Heirs Insurance Floats ₦5m Grant to Empower Retirees, Pre-Retirees

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has launched the Heirs Insurance Retirement Dream Competition, to empower retirees and...

Sovereign Trust Insurance Reports 45% Revenue Rise in Q2 2025

Sovereign Trust Insurance Plc has shown a consistent rise in its revenue generation going by the unaudited second quarter...

NAICOM: NIIRA 2025 Represents a New Era for Insurance Business in Nigeria

The National Insurance Commission (NAICOM) has expressed its profound gratitude to His Excellency, President Bola Ahmed Tinubu, GCFR, for...

NIA: NIIRA 2025 Signifies a New Era for Financial Services Sector in Nigeria

The Nigerian Insurers Association (NIA) welcomes with great appreciation the presidential assent to the Nigerian Insurance Industry Reform Act...