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.
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| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| CHI Life Assurance | LLife | Consolidated Hallmark | Domestic private | NAICOM | Partial | — |
| Capital Express Life Assurance | LLife | Capital Express | Pan-African group | NAICOM | Partial | — |
| Coronation Life Assurance | LLife | Coronation Group | Pan-African group | NAICOM | Partial | — |
| Custodian Life AssuranceNGX: CUSTODIAN | LLife | Custodian Investment | Domestic private | NAICOM | Partial | — |
| Enterprise Life Assurance Co (Nigeria)GSE: EGL | LLife | Enterprise Group | Pan-African group | NAICOM | Partial | — |
| Heirs Life Assurance | LLife | Heirs Holdings | Domestic private | NAICOM | Partial | — |
| Mutual Benefits Life AssuranceNGX: MBENEFIT | LLife | Mutual Benefits | Pan-African group | NAICOM | Partial | — |
| Prudential Zenith Life InsuranceHKEX: 2378 | LLife | Prudential plcIAIG | Foreign multinational | NAICOM | Partial | — |
| Sanlam-Allianz Life Insurance Nigeria | LLife | Sanlam AllianzIAIG | Pan-African group | NAICOM | Partial | — |
| Stanbic IBTC InsuranceJSE: SBK | LLife | Standard Bank Group | Pan-African group | NAICOM | Partial | — |
| Tangerine Life Insurance Confirmed 13 Aug 2026 | LLife | Verod Capital | Domestic private | NAICOM | Partial | — |
| emPLE Life Assurance Confirmed 13 Aug 2026 | LLife | Independent | Domestic private | NAICOM | Partial | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
About life insurers in Nigeria
How many life insurers are licensed in Nigeria?
12 of the 51 licensed insurance entities this directory lists in Nigeria are classified as life (24%). Partially verified against the regulator register.
Who regulates life insurers in Nigeria?
National Insurance Commission (NAICOM). Regime: Insurance Act 2003; NIIRA 2025 recapitalisation. Official website: https://naicom.gov.ng.
Who owns the life insurers in Nigeria?
Of the 12 licensed life insurers in Nigeria, 6 are members of pan-African groups (Capital Express, Coronation Group, Enterprise Group), 5 are domestic private companies, and 1 is a subsidiary of a foreign multinational group (Prudential plc), as recorded in the register.
Data: /api/v1/countries/nigeria.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.