The National Insurance Commission (NAICOM) has officially launched a detailed implementation strategy for the National Insurance Industry Reform Agenda (NIIRA) 2025, marking a major step toward overhauling Nigeria’s insurance sector. …
Lasaco Assurance Plc has announced that it successfully raised about N11.1bn in fresh capital through a private placement, as part of efforts to meet the 2026 recapitalisation deadline set by …
The National Insurance Commission (NAICOM), the Federal Road Safety Corps (FRSC), and the National Health Insurance Authority (NHIA) have entered into a strategic partnership to enforce compulsory motor insurance and …
Industry experts have projected that the Nigerian Insurance Industry Reform Act 2025 (NIIRA) will boost the insurance sector’s contribution to the Gross Domestic Product and restore confidence in the industry. …
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 …
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 …
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill 2025 into law, officially making it the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The new law has …