Companies & Markets

FBNInsurance Posts N37.63bn Premium in 2019

FBNInsurance Limited recently presented its 2019 audited annual report to its shareholders during a virtual Annual General Meeting (AGM) held in Lagos. At the e...

AIICO Insurance Eyes N3.4bn from Existing Shareholders

AIICO Insurance Plc is to raise about N3.486 billion from the capital market through a rights issue. In a notification to the dealing members...

Nigeria’s biggest insurer sales surge for firm backed by Swiss Re

Nigeria’s biggest insurer is seeing more demand from the government and employers of health workers for life cover as the coronavirus pandemic starts taking...

Nigeria’s Regulator Extends Insurers Recapitalization Date on COVID-19 Impact

Nigeria’s National Insurance Commission gave underwriters an additional year to recapitalize as companies deal with the effects of the coronavirus pandemic. The industry recapitalization program...

NAICOM Seeks Extension of Recapitalization Exercise

According to a publication by The Nation print media, there are indications that the National Insurance Commission (NAICOM) may extend the deadline for the...

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