Nigeria insurance News
Latest articles and news about Nigeria insurance on AXL Media.
Latest Articles
- Corporate Executive Commends Mutual Benefits Assurance For Efficiency In High Frequency Claims Settlement
Published: Apr 22, 2026
Section: Africa
Abdelhamid Abdelrahman, an executive at RAP Building Solutions Ltd, has publicly lauded Mutual Benefits Assurance Plc for its rapid claims processing. Despite initial skepticism re...
- Leadway Assurance Introduces Low Cost Householder Insurance Starting At 10,000 Naira To Shield Nigerian Homes
Published: Apr 22, 2026
Section: Africa
Leadway Assurance has launched a comprehensive Householder Insurance plan with an annual premium starting at 10,000 Naira. The policy covers residential buildings and contents agai...
- Nigerian Insurers Prepare To Halt Coverage For Policyholders Failing To Link National Identification Numbers
Published: Apr 22, 2026
Section: Africa
With the April 30, 2026 deadline approaching, the National Insurance Commission (NAICOM) is enforcing a "No ID, No Cover" policy. All individual and corporate policyholders must li...
- AXA Mansard Insurance Records 22% Revenue Growth to ₦160 Billion Despite Macroeconomic Headwinds
Published: Apr 15, 2026
Section: Africa
AXA Mansard Insurance Plc announced its audited 2025 financial results on April 15, 2026, revealing a 22% surge in insurance revenue to ₦160.56 billion. While gross premiums grew a...
- NAICOM mandates 3 billion Naira minimum capital for microinsurance firms under new reform act
Published: Apr 6, 2026
Section: Africa
The National Insurance Commission (NAICOM) is set to significantly upgrade the minimum capital requirement for microinsurance firms to a uniform 3 billion Naira. Contained within t...
- NAICOM Commissioner Urges Strategic Shift to Youth Inclusion and Simplified Communication Within Insurance and Pension Sectors
Published: Apr 3, 2026
Section: Africa
The National Insurance Commission is prioritizing the engagement of Nigeria’s youth population to drive industry growth and market penetration. Commissioner Olusegun Omosehin advoc...