Mergers, Takeovers Gain Momentum As Insurance Reform Bill Advances

Takeovers and mergers are gaining traction in Nigeria’s insurance industry as stakeholders await presidential assent to the Insurance Industry Reform Bill. On July 2, 2025, the National Insurance Commission (NAICOM) issued new licenses to SanlamAllianz Life and General Insurance in Abuja, following the successful merger between Sanlam and Allianz. NAICOM’s Commissioner for Insurance, Olusegun Omosehin, … Continue reading Mergers, Takeovers Gain Momentum As Insurance Reform Bill Advances