Prestige Assurance Plc has announced a 51 per cent increase in its gross written premium for the 2024 financial year, highlighting its resilience in a challenging operating environment. The company’s …
insurance regulation
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BusinessCorporate GovernanceEconomyFinanceInsuranceINVESTMENTNigeria
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BusinessEconomyGovernanceInsuranceLaw
Nigerian Insurance Industry Eyes Major Transformation with New Reform Act
The President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, has said that the Nigerian insurance industry is entering a new era of growth and stability following …
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The National Insurance Commission (NAICOM) has released new operational guidelines for Insurtech companies in Nigeria, in a move aimed at improving innovation, protecting consumers, and growing digital insurance in the …
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BusinessEastern AfricaEconomyInsuranceKenyaMarkets
UAP Insurance Quits South Sudan Market, Pledges to Honour Existing Policies
UAP Insurance South Sudan, a subsidiary of UAP Old Mutual Holdings, has officially withdrawn from the South Sudan insurance market, marking the end of its 19-year operations in the country. …
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DevelopmentEconomyEducationFinance & ServicesInsurance
Nigeria Moves to Close Actuarial Gap Amid Rising
With fewer than 30 qualified actuaries for a population of over 200 million, Nigeria has launched an ambitious national effort to bridge the wide actuarial skills gap threatening the country’s …
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The National Insurance Commission (NAICOM) has welcomed a high-level delegation from the Central Bank of The Gambia as part of efforts to deepen regulatory collaboration and improve knowledge sharing in …