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Recapitalisation: Lasaco Assurance to raise capital level to N36bn

By Rosemary Iwunze Ahead of insurance industry recapitalisation deadline slated for July 2026, Lasaco Assurance Plc has secured the approval of its shareholders to raise its capital level to N36 billion. This will allow the company surpassed the minimum capital requirements for a composite insurance companies. Under the ongoing exercise, Life Insurance companies are expected […]

SUNU Assurances secures shareholders’ approval to recapitalise

By Rosemary Iwunze SUNU Assurances Nigeria Plc has secured the approval of its shareholders to embark on a major recapitalisation exercise aimed at raising N9 billion to meet new statutory capital requirements imposed under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. At the company’s Extraordinary General Meeting (EGM) held in Lagos, shareholders endorsed multiple […]

Cornerstone Insurance shines at 2025 industry awards, clinches two top honours

Cornerstone Insurance Plc, one of Nigeria’s foremost and most trusted insurance companies reaffirmed its leadership in Nigeria’s insurance landscape after securing two major recognitions at the prestigious industry awards held in Lagos. The company won Most Innovative Digital Insurance Company of the Year and Excellence in Technology Deployment – Insurance Service Company of the Year, […]

‎SanlamAllianz Nigeria named amongst top 50 good to great companies

By Rosemary Iwunze‎ ‎In another affirmation of its leading status in the comity of insurers in Nigeria, SanlamAllianz Nigeria was named amongst the top 50 Good to Great Companies (Certified) by Business Times, a growing business and finance publication based in Lagos. The honour recognises forward-looking companies operating in Nigeria with sound corporate governance, visible […]

‎FSL Insurance Brokers launches FSL insure mobile & web app

By Rosemary Iwunze‎‎FSL Insurance Brokers Limited, a leading insurance brokerage firm in Nigeria, has officially launched “FSL Insure”, a new mobile and web application designed to simplify, modernize, and expand access to insurance products for individuals and businesses nationwide. The FSL Insure app offers a fully digital insurance experience, allowing users to explore, compare, purchase, […]

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