Crown Takaful Insurance Limited, Nigeria’s ethical insurance company, has approved the sharing of N100.9 million total surplus distribution to its participants. Surplus sharing is the core principle of Takaful insurance model, anchored on mutual cooperation. A statement by the company in Abuja on Wednesday, said the board’s decision followed regulatory approval from the National Insurance Commission (NAICOM) to the company on surplus sharing to its participants. ”Receiving regulatory approval to distribute surplus is our most direct and tangible way of honoring that trust. Song said that since the licensing of the company by NAICOM and commencement of operations in 2024, Crown Takaful Insurance had achieved outstanding performance at all levels.