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Insurance Industry

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  • Noor Takaful Insurance Triumphs with Impressive N1.87bn Profit After Tax

    Noor Takaful Insurance Limited has announced a post-tax profit of N1.87 billion for the fiscal year 2024. This net profit marks a remarkable 79% rise...

    Noor Takaful Distributes N404m Surplus To Participants
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    Politics Today
    Noor Takaful Insurance Limited has announced a post-tax profit of N1.87 billion for the fiscal year 2024. This net profit marks a remarkable 79% rise compared to the N1.05 billion reported in 2023, highlighting substantial financial growth. Additionally, the board has sanctioned a dividend of 7.0 kobo per share for 2024, an increase from the...
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  • Rex Insurance Managing Director Celebrated Among Top 25 CEOs in Prestigious BusinessDay Awards

    On September 25, 2025, the esteemed BusinessDay Top 25 CEOs Awards celebrated outstanding leadership across Nigeria’s corporate landscape, spotlighting Ebelechukwu B. Nwachukwu, Managing Director of...

    BusinessDay Honours Rex Insurance Managing Director in Top 25 CEO Awards
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    News & Gossips
    On September 25, 2025, the esteemed BusinessDay Top 25 CEOs Awards celebrated outstanding leadership across Nigeria’s corporate landscape, spotlighting Ebelechukwu B. Nwachukwu, Managing Director of Rex Insurance, as one of the nation’s premier CEOs for the year. The event gathered top executives and industry leaders to honor those who have demonstrated visionary leadership, innovation, and...
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  • Former NAICOM Boss Thomas Predicts Game-Changing Transformation in Insurance Sector with New Act

    Olorundare Sunday Thomas, the immediate former Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), has expressed optimism about the recently enacted Nigerian...

    Insurance Act Will Transform Sector –Ex-NAICOM Boss, Thomas
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    Politics Today
    Olorundare Sunday Thomas, the immediate former Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), has expressed optimism about the recently enacted Nigerian Insurance Industry Reform Act (NIIRA) 2025, signed into law by President Bola Ahmed Tinubu. Thomas emphasized that with effective execution, this legislation is poised to safeguard the interests of all...
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  • Insurance Leaders Nationwide Demand Swift Resolution in ACA Shutdown Battle

    government shutdown day” fetchpriority=”high” /> Vice President JD Vance addresses the White House press briefing on the day the government shutdown began. Vance is among...

    Insurance leaders from all states want a quick fix in the ACA shutdown fight : Shots
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    International News
    government shutdown day” fetchpriority=”high” /> Vice President JD Vance addresses the White House press briefing on the day the government shutdown began. Vance is among Republicans emphasizing that there is sufficient time to extend ACA premium tax credits. Alex Wong/Getty Images hide caption toggle caption Alex Wong/Getty Images Currently, a heated debate unfolds on Capitol...
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  • Unitrust Insurance Transforms College of Insurance Hall with Stunning Renovation

    Unitrust Insurance Company Limited has recently completed a refurbishment of the hall it generously donated to the College of Insurance and Financial Management (CIFM) in...

    Unitrust Insurance Renovates College Of Insurance Hall
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    Politics Today
    Unitrust Insurance Company Limited has recently completed a refurbishment of the hall it generously donated to the College of Insurance and Financial Management (CIFM) in Asese, Ogun State. This upgraded facility now offers insurance students and industry professionals a more inviting and contemporary environment conducive to learning and collaboration. The renovation includes new wall treatments...
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  • Rex Insurance Pledges: Policyholders at the Heart of Our Bold Transformation Agenda

    Ebelechukwu Nwachukwu, the Managing Director and CEO of Rex Insurance Limited, has reaffirmed the company’s unwavering commitment to prioritizing the needs and interests of both...

    Policyholders Central To Our Transformation Agenda, Rex Insurance Assures
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    Politics Today
    Ebelechukwu Nwachukwu, the Managing Director and CEO of Rex Insurance Limited, has reaffirmed the company’s unwavering commitment to prioritizing the needs and interests of both current and future policyholders amid its ongoing transformation journey. She made these remarks upon receiving the prestigious 2025 BusinessDay Top 25 CEOs Award over the weekend, an accolade that celebrates...
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  • Expert Urges Insurers and PFAs to Strategically Integrate the Informal Sector for Greater Impact

    Olatunde Amolegbe, the CEO of Arthur Stevens Asset Management Limited, has called on stakeholders in the insurance and pension industries to formulate effective strategies aimed...

    Strategise To Integrate Informal Sector, Expert Urges Insurers, PFAs
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    Politics Today
    Olatunde Amolegbe, the CEO of Arthur Stevens Asset Management Limited, has called on stakeholders in the insurance and pension industries to formulate effective strategies aimed at integrating the vast informal sector into formal insurance and pension schemes. Speaking at a recent Lagos conference, Amolegbe emphasized that the informal sector accounts for nearly 70 million workers...
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  • Cornerstone Insurance Triumphs with Double Awards for Outstanding Customer Value Drive

    Cornerstone Insurance Plc has earned notable recognition for 2025, reflecting its unwavering dedication to delivering exceptional value, fostering trust, and strengthening relationships with clients and...

    Cornerstone Insurance Wins Double Awards Over Drive For Customer Value
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    Politics Today
    Cornerstone Insurance Plc has earned notable recognition for 2025, reflecting its unwavering dedication to delivering exceptional value, fostering trust, and strengthening relationships with clients and communities throughout Nigeria and the broader West African region. The firm has been distinguished as one of the Top 100 Businesses Making Impact by Business Times and has also received...
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  • Noor Takaful Shares N404 Million Surplus Boost with Participants

    Noor Takaful Insurance Limited, Nigeria’s trailblazer and foremost provider of composite Takaful insurance, has allocated a total surplus of four hundred and four million, one...

    Noor Takaful Distributes N404m Surplus To Participants
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    Politics Today
    Noor Takaful Insurance Limited, Nigeria’s trailblazer and foremost provider of composite Takaful insurance, has allocated a total surplus of four hundred and four million, one hundred and ninety-one thousand, five hundred naira (N404,191,500.00) to policyholders who did not file claims during the 2023 fiscal year. This surplus allocation was officially revealed on Wednesday, September 17,...
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