Archives for INSURANCE - Page 4
Agusto & Co. Raises Unitrust Insurance’s Rating to ‘A+’
BY NGOZI ONYEAKUSI MD/CEO Unitrust Insurance Unitrust Insurance Company Limited has been upgraded from “A” to an “A+” rating indicating a stable outlook. This significant achievement underscores our company’s…
Insurers to Access N1.079trn Fresh Capital by September 30—NAICOM
BY NGOZI ONYEAKUSI Insurance companies that successfully raised fresh capital under the latest recapitalisation exercise are expected to gain access to the funds by September 30, 2026, the National Insurance…
NAICOM To Release Risk-Capital Framework in October
CFI, NAICOM, Olusegun Omosehin The National Insurance Commission (NAICOM) said it will release a new framework in October to review the size of risk portfolios held by insurance companies…
Leadway Floats Short-Term Insurance Cover for Visitors, Businesses Ahead of Festive Season
BY NGOZI ONYEAKUSI L–R: Brand and Communications Manager. Leadway; Niyi Abiola, Global Tour Operator & Influencer, Chiamaka Obuekwe (Social Prefect); Head, Alternative Channels, Leadway Assurance, Juliet Okon; Head, Life Underwriting…
Insurance Industry Recapitalisation Produces ₦1.079trn — NAICOM
BY NGOZI ONYEAKUSI The National Insurance Commission (NAICOM) has disclosed that the recently concluded recapitalisation exercise in Nigeria’s insurance industry has produced a total capital of ₦ trillion. The Commissioner…
CBN Bags NES Distinguished Organisation Award for Economic Reforms
BY NGOZI ONYEAKUSI CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s (NES) Distinguished Organisation Award in recognition of its institutional reforms and…
Leadway Supports Insurance Sector Strengthening Programme to Drive Penetration, Consumer Trust
BY NGOZI ONYEAKUSI Leadway Assurance, Nigeria’s leading insurance services provider and a subsidiary of Leadway Group, a foremost non-banking financial services and wellbeing conglomerate, has thrown its weight behind efforts…
NAICOM: Insurance Must Become Strategic Catalyst for Nigeria’s Economic Transformation
BY NGOZI ONYEAKUSI The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Mr Olusegun Ayo Omosehin, has called for the repositioning of the insurance industry…
Consolidated Hallmark Insurance Earns A+(NG) Rating with Positive Outlook
BY NGOZI ONYEAKUSI Consolidated Hallmark Insurance Limited, the flagship non-life insurance subsidiary of Consolidated Hallmark Holdings Plc, has secured an upgraded A+(NG) national scale financial strength rating from GCR Ratings,…
NAICOM Denies ₦100bn Recapitalisation Fraud Allegations, Calls Publication False, Misleading
BY NGOZI ONYEAKUSI CFI, NAICOM, Olusegun Omosehin The National Insurance Commission (NAICOM) has distanced itself from a publication titled "100 Billion Fraudulent Insurance Recapitalization: EFCC Detains NAICOM Director and Commissioner,…
