AIICO Insurance Plc has secured a renewed composite operating licence from the National Insurance Commission, NAICOM, following the successful completion of the industry’s 2025 recapitalisation exercise. The insurer met the new minimum capital threshold without needing additional capital injection, underscoring its underlying financial strength. Simultaneously, AIICO reported strong Q2 2026 results, with profit after tax rising 18.9 percent to 13.4 billion Naira, supported by a 14.5 percent increase in insurance revenue to 74.9 billion Naira. Total assets also grew to 661 billion Naira.