Ebere NwojiPrudential Zenith Life Insurance Company Limited, said it has surpassed the new minimum capital requirement recently pronounced by the National Insurance Commission (NAICOM) . The company said it currently has N19.3 billion above N10 billion minimum legal requirement for life underwriting business. The Chief Executive officer of the company, Funmi Omo said the audited financial statement of the company for 2024, showcased exceptional financial strength with a ₦19.3 billion surplus above the new regulatory capital requirement. She said the company Solvency Margin is strengthened by 28.3 percent to ₦29.3 billion, achieving a ₦19.3 billion surplus over the ₦10 billion regulatory minimum effective July 31, 2025. “Achieving a 21 profit increase while maintaining a capital surplus nearly double the regulatory requirement demonstrates our financial resilience and strategic foresight.