Blog

KBL Insurance Officially Receives Its New Operating Licence from NAICOM.

We are proud to announce another defining milestone in the history of KBL Insurance Limited.  Our Managing Director/Chief Executive Officer, Mr. Lawal Mijinyawa, has officially received the Company’s new operating licence from the National Insurance Commission (NAICOM), marking the successful completion of KBL Insurance’s recapitalisation process. This achievement reinforces our financial strength, regulatory compliance, and […]
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KBL EXCEEDS NAICOM’S ₦15 BILLION CAPITAL REQUIREMENT, REINFORCES CAPACITY FOR SUSTAINABLE GROWTH.

KBL Insurance Limited has successfully surpassed the National Insurance Commission’s (NAICOM) minimum capital requirement of ₦15 billion under the Nigeria Insurance Industry Reform Act (NIIRA) 2025. The landmark achievement places KBL Insurance among the insurers officially confirmed by NAICOM as fully compliant with the new regulatory capital requirements, further reinforcing the Company’s financial resilience, corporate stability […]
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KBL Insurance Achieves ISO 9001:2015 Recertification, Reinforcing Commitment to Quality and Excellence

KBL Insurance Achieves ISO 9001:2015 Recertification, Reinforcing Commitment to Quality and Excellence KBL Insurance Limited is proud to announce its successful recertification to the internationally recognised ISO 9001:2015 Quality Management System (QMS) standard for its Insurance and Risk Management Services. The recertification, valid until 21 June 2029, reaffirms the Company’s unwavering commitment to delivering quality service, driving continuous improvement, […]
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KBL Insurance Limited Celebrates Mrs. Ukachi Orji on Prestigious NIA Recognition

KBL Insurance Limited proudly congratulates our former Managing Director/Chief Executive Officer, Mrs. Ukachi Orji, on her well-deserved recognition by the Nigerian Insurers Association (NIA) for her invaluable contributions to the growth and development of the insurance industry in Nigeria. The honour was presented during the NIA Awards & Special Recognition Ceremony held on Thursday, April […]
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Underwriter reaffirms commitment to industry reform

An underwriting firm, KBL Insurance Plc, has reaffirmed its commitment to the Nigeria Insurance Industry Reform Agenda (NIIRA), describing the reforms as critical to boosting investor confidence, strengthening market discipline and ensuring long-term stability in the sector. The insurer, in a new year message, said it remained fully aligned with the objectives of NIIRA, the industry-wide framework […]
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KBL Insurance Limited Announces Strategic Partnership with BLS International Nigeria

KBL Insurance Limited is pleased to announce its new strategic partnership with BLS International Nigeria, a globally renowned provider of visa, passport, identity management, and consular outsourcing services. This collaboration represents a major step forward in strengthening KBL Insurance’s presence within the travel ecosystem and enhancing customer access to reliable and affordable Travel Insurance solutions. […]
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KBL Insurance reaffirms commitment to NIIRA 2025

KBL Insurance Limited has restated its firm commitment to advancing compulsory insurance in Nigeria, following the signing of the Nigeria Insurance Industry Reform Act (NIIRA) 2025 into law by President Bola Ahmed Tinubu. This landmark legislation represents a decisive step in the Federal Government’s Renewed Hope Agenda, designed to strengthen the insurance sector and propel […]
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KBL Insurance Grows Revenue By 35.97% To N6.4bn FY2024, Pays N1.2bn In Claims

KBL Insurance Limited, a general insurance company, has announced its outstanding financial performance for the 2024 fiscal year. The insurer reported major growth in revenue, profitability, and claims payment, a true testament to its vision, leadership, and unwavering customer commitment. According to a statement released by the company, its insurance revenue grew to ₦6.4 billion […]
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KBL Insurance Celebrates International Women’s Day with IWS Nigeria

In celebration of International Women’s Day 2025, the KBL Insurance team visited the International Women’s Society (IWS) Nigeria, reaffirming our commitment to empowering and uplifting women in our community. We had the privilege of meeting with the President of IWS, Mrs. Olufunke Oduwole, and making a donation to support the impactful work the organization is […]
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KBL Insurance unveils insurance product for travellers

KBL Insurance Limited has launched its new Travel Insurance product, effective September 23. In a statement on Monday, the firm noted that the offering was designed to provide travellers with a safety net, covering an array of risks associated with travel, including trip cancellations, medical emergencies, baggage loss, and flight delays. KBL Insurance stated that […]
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