Royal Exchange General Insurance Company is now Rex Insurance

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Nigeria's independent online newspaper

Yesterday, Royal Exchange General Insurance Company, a distinguished leader in the Nigerian insurance sector, proudly announces its rebranding to Rex Insurance.

Speaking at the new head office, Dr. Ike Chioke, Chairman of Rex Insurance, noted, “sustainability is a key pillar of our corporate philosophy. As part of our environmental, social and corporate initiatives, we have taken significant steps to reduce our environmental footprints. Our new head office is equipped with solar panels providing sustainable energy source that reduces our reliance on traditional power and minimises our carbon footprint.

Rex Insurance boasts one of the largest branch networks in its sector, with 16 branches nationwide and 4 business directorates. The company has established enduring relationships with both local and international reinsurers, and it is well-positioned to participate actively in the underwriting of Oil and Gas risks due to Nigeria’s Local Content Policy. With an Authorised Share Capital of N5.367 billion, an Issued and Paid-up Capital of N5.367 billion, and Shareholders’ Funds standing at N8.

 

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