Lagos: The National Insurance Commission (NAICOM) says 20 insurers have applied for verification under the recapitalisation exercise. The July 31 deadline stands. Mr Olusegun Omosehin, NAICOM Commissioner for Insurance and …
NigeriaInsurance
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Business & Economy
NAICOM Vows Transparent Recapitalisation to Revive Insurance Sector
by Eniola Graceby Eniola GraceLagos: The National Insurance Commission (NAICOM) has reaffirmed its resolve to deliver a transparent, credible, and expertly managed recapitalisation process to fortify the insurance industry. A statement by the Commission …
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Abuja: The National Insurance Commission (NAICOM) says the recapitalisation deadline for the insurance industry will not be extended. The Commissioner for Insurance, Mr Olusegun Omosehin, said this at a seminar …
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Lagos, Nigeria: NEM Insurance Plc has reported revenue of ₦75.41 billion for the second quarter of 2025, reflecting strong underwriting performance and sustained growth across its insurance portfolio. The result …
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Business & Economy
Recapitalisation Drive: 5 Insurers Forecast ₦418.7bn Revenue, ₦39bn Profit in 2025
Abuja (Nigeria): Five insurance companies have projected N418.7 billion as revenue for the 2025 financial year ending December 31. The companies are Sunu Assurances Nigeria Plc, AIICO Insurance Plc, Linkage …
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Lagos: The Nigerian Insurers Association (NIA) on Monday inaugurated its 2025 Innovation Lab, a facility designed to accelerate digital solutions and reshape insurance practice in the country. Speaking at the …
