Coronation Insurance Plc and Coronation Life Assurance Limited have successfully met the new minimum capital requirements stipulated under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. This marks the successful completion of the Nigerian insurance industry’s year-long recapitalisation exercise as announced by the National Insurance Commission (NAICOM). A statement released today by both underwriters, that […] The post Coronation Insurance, Coronation Life Assurance Meet NIIRA 2025 Minimum Capital Requirements Following Successful ₦9.2bn Capital Raise appeared first on Business Today NG.

Lasaco Assurance Plc has successfully met the National Insurance Commission (NAICOM) capital requirements ahead of the July 31 deadline for the Minimum Capital Requirements (MCR) and has been approved as one of the recapitalised insurance companies authorised to operate in the country. This followed its landmark achievement that underscores its pivotal role in the Nigerian […] The post NIIRA 2025: Lasaco Assurance meets NAICOM Recapitalisation Requirement appeared first on Business Today NG.

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission (NAICOM), has confirmed Veritas Kapital Assurance Plc full compliance with the minimum capital thresholds mandated under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The confirmation follows the successful completion of the insurance industry’s recapitalisation exercise and represents a significant milestone strengthening its  long-term growth journey. The achievement, according […] The post NAICOM Confirms Veritas Kapital’s Full Compliance with NIIRA 2025 Capital Requirements appeared first on Business Today NG.

BY NKECHI BAECHE-ESEZOBOR—Underwriting firm, Linkage Assurance Plc delivered a strong earnings performance in the first half of 2026, with profit after tax rising by 74 percent to N3.11 billion despite a challenging business environment. The company’s unaudited financial statements for the six months ended June 30, 2026, submitted to the NGX  shows that profit before […] The post Linkage Assurance H1 2026 Profit Surges 74% to N3.11 Billion appeared first on Business Today NG.