Image
LIB INSURANCE BROKERS LTD

Blog with us

Image
Image by LIBINSURANCE
Posted Jul 5, 2019 | Insurance, Rights Issues, Shareholders, Investment, Capital

STI Begins N4.17 Billion Rights Issue

Sovereign Trust Insurance Plc has announced the opening of rights issues for existing shareholders, which has commenced since June 24, 2019, and will run through July 31, 2019. The Head of Corporate Communications and Brand Management of the underwriting firm, Segun Bankole, who spoke to...

READ MORE
Image
Image by LIBINSURANCE
Posted Jul 5, 2019 | Insurance, Premium, Insurers, Growth, Tax, Claims, Capital

Insurance Sector Recorded N400bn Premium In 2018

The Nigerian insurance sector, in 2018, grew its total premium from N363 billion in 2017, to N400 billion in 2018. This represented a 10 per cent gro...

READ MORE
Image
Image by LIBINSURANCE
Posted Jun 21, 2019 | Insurance, Naicom, Capital, Insurers, Reinsurers

Insurers Need $725m To Meet Recap Order

Insurance companies will need $725 million (about N261.5 billion) to meet the new capital requirement of the National Insurance Commission (NAICOM), A...

READ MORE
Image
Image by LIBINSURANCE
Posted Jun 7, 2019 | Insurance Companies, Merger, Naicom, Acquisition, Reinsurance, Capital, Recapitalisation, Shareholders

Recapitalisation: Insurance Companies Consider Merger, Acquisition

Recently, the National Insurance Commission announced new capital requirements for operators in the insurance industry.

READ MORE