Retail, penetration gets a boost as CHI secures approval to operate micro life insurance
Majority of the insurance companies raising fresh funds to meet the ongoing new capital requirement set for players in the industry have embarked on rights issues among other recapitalisation options.
A cursory look at recapitalisation plans of most companies shows that most have rights issue as
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Modestus Aneasoronye
Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd.
A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia.
Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.
