Prudential Zenith Life Insurance has announced that it has exceeded the National Insurance Commission's new minimum capital requirement for life insurers by N22.1 billion, which is 191 percent above the regulatory threshold. This positions the company among the most capitalised entities in the life insurance market segment. The company received its new licence on August 5th, 2026, among the first set of forty-three insurers to be recertified. The exercise is widely seen as a turning point for the sector, designed to restore public trust and position Nigeria's insurers to underwrite larger, more complex risks.
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