Coronation insurance and coronation life assurance meet niira 2025 minimum capital requirements following successful ₦9.2 billion capital raise

Coronation Insurance Plc and Coronation Life Assurance Limited reportedly met the new minimum capital requirements under the Nigerian Insurance Industry Reform Act 2025 after completing a ₦9.2 billion capital raise. The development relates to Nigeria’s insurance-sector recapitalisation and may inform investor monitoring of regulatory compliance among listed insurers.