The Chairman of Rex Insurance Limited, Mr. Ike Chioke, has called for stronger frameworks in Nigeria’s insurance and pension industries to drive economic growth and deepen financial inclusion. Chioke, who …
INSURANCE SECTOR
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BusinessEconomyFinance & ServicesInsurancePensionRegulation
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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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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 …
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BusinessFinance & ServicesGOVERNMENTInsurance
NAICOM to Issue Supplementary Guidelines to Sanitise Annuity Business in Insurance Sector
The National Insurance Commission (NAICOM) is set to release supplementary guidelines to further sanitise the annuity business in the country. Mr Moruf Apampa, Vice Chairman of the Subcommittee on Communication …
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BusinessFinance & ServicesInnovationInsuranceLeadershipNigeria
Guinea Insurance Plc Reaffirms Commitment to Resilience and Innovation at Strategic Board Retreat
Guinea Insurance Plc has reaffirmed its dedication to building a resilient, innovation-driven, and trusted brand following a strategic Board of Directors retreat held in Lagos. Described as a moment of …
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BusinessFinance & ServicesInsuranceNigeriaWestern Africa
IEI, Mutual Benefits Delay Filing of 2024 Annual Reports
International Energy Insurance Plc (IEI) and Mutual Benefits Assurance Plc have announced delays in filing their audited financial statements for the 2024 financial year. The companies disclosed this in separate …
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The Nigerian insurance sector grew by 15.68 per cent in the first quarter of the 2022 financial period, according to figures obtained from the National Bureau of Statistics, NBS, on …