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Coronation Insurance and Coronation Life Assurance Meet NIIRA 2025 Minimum Capital Requirements Following Successful ₦9.2 Billion Capital Raise
BusinessDay
Aug 4, 2026 · 08:56 WAT
Coronation Insurance Plc and Coronation Life Assurance Limited have met the new minimum capital requirements under the Nigerian Insurance Industry Reform Act 2025 after completing a ₦9.2 billion capital raise. The development concerns regulatory compliance and capital adequacy in Nigeria’s listed insurance sector.