4 articles tagged with “insurance”
Nigeria's insurance sector recorded rapid expansion in 2025, according to National Bureau of Statistics data, though its overall contribution to GDP remains limited as industry players emphasize gender inclusion initiatives.
SUNU Assurances Nigeria moves to market with a rights issue of 2.08 billion ordinary shares, while LASACO Assurance launches six new insurance products following regulatory approval.
Nigerian banks and insurers are expanding strategic partnerships and customer education initiatives, with Mutual Benefits Assurance settling N5.93 billion in claims in January 2026 while Ecobank reinforces cross-border trade facilitation across Africa.
Sterling Financial Holdings has commenced allotment of N88.1 billion in shares following a successful public offer, while SanlamAllianz General Insurance appointed Jacqueline Uche Agweh as Managing Director and Stanbic IBTC Insurance secured institutional excellence awards.