L-R: Ebose Augustine Osegha, managing director/CEO, Anchor Insurance Company Limited, receiving certificate of licensing of the Company as a nNon-Life Insurer from Olusegun Ayo Omosehin, commissioner for Insurance/CEO, NAICOM, and flanked Ekerete Ola Gam-Ikom, deputy commissioner for Insurance Finance and Administration, NAICOM at the Commission's Head Office in Abuja.
Anchor Insurance Company Limited has successfully met the recapitalisation requirements of the National Insurance Commission (NAICOM) under the Nigeria Insurance Industry Reform Act (NIIRA) 2025, with a renewed commitment to delivering exceptional customer experience.
Ebose Augustine Osegha, managing director/CEO, declared: “Today, our capital base stands in excess of N25.5 billion, significantly exceeding the N15 billion minimum requirement for non-life insurance companies” noting that “this achievement reflects our financial strength, sound corporate governance and long-term commitment to protecting the interests of our customers and stakeholders.”
Having achieved this feat, he hinted on the task ahead, stating that “for Anchor Insurance, this milestone means stronger capacity to underwrite larger and more complex risks, enhanced claims-paying ability, greater confidence for our customers and business partners, expanded opportunities for growth and innovation and continued compliance with the highest regulatory standards.” Related News Alausa unveils national digital training academy, partners 3MTT to grow tech talent Vendr.ng opens cloud vending platform to existing smart meter owners FIFA: Norway’s football federation calls for Gianni Infantino’s immediate resignation
