Global Credit Rating (GCR) has reaffirmed the credit rating of Lasaco Assurance Plc at A(NG) with a Stable Outlook, making it the third year in a row that the Nigerian …
Insurance
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BusinessCorporate NewsEconomyFinanceInsuranceINVESTMENT
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BusinessEconomyFinance & ServicesInsuranceLagos NewsNigeria
Rex Insurance Launches ‘Retail Street Storm’ Campaign in Lagos
Rex Insurance has launched a new retail campaign in Lagos as part of its efforts to demystify insurance and promote wider adoption of policies among everyday Nigerians. The initiative, which …
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Banking, Finance & InvestmentBusinessCorporate GovernanceEconomyInsuranceINVESTMENTNigeria
Agusto & Co. Assigns ‘A’ Ratings to Heirs Insurance Group Businesses
Credit rating agency Agusto & Co. has upgraded the ratings of Heirs Insurance Group, assigning ‘A’ ratings to its life and general insurance businesses. The announcement revealed that Heirs Life …
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Uganda’s insurance sector has shown strong growth and rising confidence as companies in the country paid out shs442.73 billion in claims during the first half of 2025. The data was …
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BusinessCorporate AffairsFinanceInsuranceINVESTMENTNigeria
NSIA Insurance Reports N30.15bn Premium Growth, PBT Hits N3.44bn in 2024
NSIA Insurance Limited has announced a 35 per cent growth in its composite Gross Written Premium, which rose to N30.15bn in 2024 from N22.29bn recorded in 2023. The company disclosed …
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BusinessCorporate StrategyFinanceInsuranceNewsNigeriaRegulation
Lasaco Assurance Moves to Transfer Annuity Business to Cornerstone Insurance
Lasaco Assurance Plc has announced plans to transfer its annuity business portfolio to Cornerstone Insurance Plc as part of a broader strategic realignment within the company. The announcement was contained …
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BusinessCorporate GovernanceFinanceInsuranceLeadershipNigeriaStock Market
Cornerstone Insurance Reshuffles Board, Appoints Omonkhogbe as Non-Executive Director
Cornerstone Insurance Plc has announced changes to its board of directors, with the exit of Mr. Emeka Anthony Ogbechie and the appointment of Mr. Ejakhaluse Zoe Omonkhogbe as a Non-Executive …
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Business and EconomyFinanceInsurancePartnershipsWestern Africa
Sanlam Allianz Boss Calls for Salary Insurance
The Managing Director of Sanlam Allianz Life Insurance Ghana, Mr. Tawiah Ben-Ahmed, has called for a new approach to financial security in Ghana, stressing that workers’ salaries should be insured …
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BusinessEconomyFinancial RegulationFintechGovernment PolicyInsurance
Tinubu’s Insurance Reform Act 2025 Set to Transform Nigeria’s Insurance Industry
Nigeria’s insurance industry is preparing for major changes following the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 by President Bola Ahmed Tinubu earlier this month. The new …
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AfricaBusinessEconomyFinanceInsuranceINVESTMENT
Africa Re Records $102m Profit as Premiums Grow 15% in First Half of 2025
The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …