International Energy Insurance Plc, a subsidiary of Norrenberger Financial Group, has announced the commencement of its N17.5 billion public offer, which opened on Wednesday and will close on 11 June.

The company disclosed this in a statement issued on Wednesday, noting that the offer follows a formal signing ceremony held on 11 May at FF Millennium Tower in Lagos.

According to the statement, the exercise marks a major milestone in the company’s recapitalisation drive and long-term growth strategy.

“International Energy Insurance (IEI) Plc, a Norrenberger company, has announced the commencement of its ₦17,500,000,000 public offer, which opens today, 20 May 2026, and closes on 11 June 2026,” the statement said.

IEI Plc, an NGX-listed general insurance company established in 1969, provides underwriting solutions in property, casualty and related risks, alongside a range of general insurance products.