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Category : Insurance digest

Insurance digest

NAICOM unveils NIIRA implementation working groups to drive insurance sector reforms

Peter Anayo
From left: Mr. Ekerete Ola Gam-Ikon – Dep. Commissioner for Insurance Finance & Admin, Adetola Adegbayi, Mr. Shola Tinubu, Mr. Olusegun Ayo Omosehin- CFI, Dr. Yeside Oyetayo and Mr. Ajibola Bankole – Director Inspectorate shortly after the inauguration of the working groups. Determined to push insurance sector higher on the......
Insurance digest

NAICOM, FRSC inaugurate C’ttee on enforcement of compulsory Third Party motor insurance policy

Peter Anayo
The National Insurance Commission (NAICOM) and the Federal Road Safety Corps (FRSC) have inaugurated a Joint Committee on the Enforcement of Compulsory Third-Party Motor Insurance. The event, held at NAICOM’s Headquarters in Abuja, marks a major step in the implementation of the provisions of the Nigerian Insurance Industry Reform Act......
Business & EconomyInsurance digestStock Market

LASACO Assurance shows strength with N13.19bn claims payment as revenue grows by 25%

Kelvin Egerue
The continuous improvement in products and service offering of LASACO Assurance Plc have continued to be more manifest in the company’s revenue and profit margins as LASACO now ranks among the top profitable insurance companies in Nigeria. Amid Nigeria’s challenging macroeconomic environment, Lasaco Assurance Plc has reaffirmed its commitment to......
Business & EconomyInsurance digestMetro news

Diamond award goes to Hilal Takaful for putting customers first

Kelvin Egerue
Hilal Takaful Nigeria Limited, a subsidiary of Cornerstone Insurance Plc and the pioneer Takaful Insurance company in Nigeria, has been honoured with the Diamond Award for the Most Customer-Focused Takaful Insurance Company of the Year at the 14th Annual Africa Brand Awards, which held on September 11, 2025, at the......
Insurance digestLatest newsMetro news

Ekeoma Ezeibe stirs industry excitement as she sets for NCRIB’s presidency

Kelvin Egerue
…Ezeibe will Oct 24 be enthroned as 3rd female president of NCRIB The entire insurance industry in Nigeria is currently engulfed in excitement Nigerian Council of Registered Insurance Brokers (NCRIB) is set to mark another historic milestone in its 63-year history as it prepares to inaugurate Mrs. Ekeoma Ezeibe as......
BrandsEducationInsurance digestMetro news

Heirs Insurance Group splashes N6m on 13-year-old Rhema-Love Abraham as winner of Heirs Insurance essay competition

Kelvin Egerue
Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced the winners of the 4th edition of the Heirs Insurance Essay Championship, a nationwide competition promoting financial literacy and academic excellence among secondary school students and educators. The grand finale, held at the Transcorp Hilton Hotel, Abuja, brought together students, parents,......
BrandsInsurance digest

Leadway Assurance secures double honours at BAFI Awards

Kelvin Egerue
Leadway Assurance, Nigeria’s leading insurance provider, has once again reinforced its industry leadership, clinching two prestigious honours at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards Insurance, as the Insurance Company of the Year (for the second consecutive year) and Excellence in Claims Leadership & Digital Innovation. These......
Business & EconomyInsurance digest

Heirs Insurance Group unveils Travel Festival, makes call for inclusive travel ecosystem for Africans

Kelvin Egerue
Heirs Insurance Group (HIG), one of Nigeria’s fastest-growing insurance groups has announced the launch of the Heirs Insurance Travel Festival, scheduled to take place on November 29, 2025, in Lagos. The one-day festival is a bold call for inclusive travel ecosystem for Africans, and will convene thousands of attendees, including......
Business & EconomyInsurance digest

Cornerstone Insurance shines at BAFI Awards, wins Best in Shareholder Returns

Kelvin Egerue
Cornerstone Insurance Plc, one of Nigeria’s foremost and most trusted insurance companies, has been adjudged the Best Insurance Company – Shareholder Returns at the 2025 Business Day Banks and Other Financial Institutions (BAFI) Awards, held on Saturday, October 11, 2025, at the Lagos Continental Hotel, Victoria Island, Lagos. The prestigious......