Nigeria · West Africa · class L
Life insurance companies in Nigeria
12 licensed life insurers, 24% of the 51 insurance entities supervised by the National Insurance Commission. Long-term life assurance, annuities, pensions and savings products.
| Company | Class | Parent / group | Ownership | Regulator | Verification |
|---|---|---|---|---|---|
| CHI Life Assurance | LLife | Consolidated Hallmark | Domestic private | NAICOM | Verified |
| Capital Express Life Assurance | LLife | Capital Express | Pan-African group | NAICOM | Verified |
| Coronation Life Assurance | LLife | Coronation Group | Pan-African group | NAICOM | Verified |
| Custodian Life Assurance | LLife | Custodian Investment | Domestic private | NAICOM | Verified |
| Enterprise Life Assurance Co (Nigeria) | LLife | Enterprise Group | Pan-African group | NAICOM | Verified |
| Heirs Life Assurance | LLife | Heirs Holdings | Domestic private | NAICOM | Verified |
| Mutual Benefits Life Assurance | LLife | Mutual Benefits | Pan-African group | NAICOM | Verified |
| Prudential Zenith Life Insurance | LLife | Prudential plc | Foreign multinational | NAICOM | Verified |
| Sanlam-Allianz Life Insurance Nigeria | LLife | Sanlam Allianz | Pan-African group | NAICOM | Verified |
| Stanbic IBTC Insurance | LLife | Standard Bank Group | Pan-African group | NAICOM | Verified |
| Tangerine Life Insurance Confirmed 13 Aug 2026 | LLife | Verod Capital | Domestic private | NAICOM | Verified |
| emPLE Life Assurance Confirmed 13 Aug 2026 | LLife | Independent | Domestic private | NAICOM | Verified |
No insurers match that filter.
About life insurers in Nigeria
How many life insurers are licensed in Nigeria?
12 of the 51 licensed insurance entities in Nigeria are classified as life (24%), according to the NAICOM register as reflected in this directory (verified - full register).
Who regulates life insurers in Nigeria?
National Insurance Commission (NAICOM), under Insurance Act 2003; NIIRA 2025 recapitalisation. Official website: https://naicom.gov.ng.
Are the life insurers in Nigeria locally or foreign owned?
7 of 12 belong to pan-African or foreign multinational groups (including Coronation Group, Enterprise Group, Mutual Benefits, Prudential plc), 0 are state-owned, and the rest are domestic private companies.
Data: /api/v1/countries/nigeria.json (filter byclass = "life"). Licence CC BY 4.0, attribute KAFS North America.