The Federal Government of Nigeria on Wednesday, 14 November, 2007 released a list of 49 insurance companies permitted to carry on insurance business in the country.

It also announced that about N80 billion raised by the insurance firms during the recapitalisation and kept in an escrow account at the Central Bank of Nigeria would be released to them on Thursday, 15 November, 2007.

Kindly find below the 49 that made it:

(1) Guardian Express Assurance Co. Ltd
(2) Cornerstone Insurance Plc
(3) Niger Insurance Plc
(4) Staco Assurance Plc
(5) Leadway Assurance Co. Ltd
(6) WAPIC Insurance Plc
(7) Guaranty Trust assurance Plc
(8) Yankari Insurance
(9) Oceanic Insurance Co.Ltd
(10) Lasaco Assurance
(11) ADIC Insurance Co. Ltd
(12) Prestige Assurance Plc
(13) International Energy Insurance
(14) Zenith Insurance Co. Ltd
(15) Royal Exchange Assurance Co. Plc
(16) Equity Indemnity Insurance Plc
(17) Union Assurance Company Ltd
(18) UNIC Insurance Plc
(19) Mutual Benefits Assurance Plc
(20) Alliance and General Insurance Plc
(21) Custodian and Allied Insurance Plc
(22) Law Union and Rock Insurance Plc
(23) Crusader Insurance Plc
(24) Regency Alliance Insurance Plc
(25) Standard Insurance Plc
(26) Standard Life Assurance Plc
(27) Anchor Insurance Co. Ltd
(28) Industrial and General Insurance Co. Ltd
(29) Goldlink Insurance Plc
(30) Great Nigeria Insurance Plc
(31) Guardian Trust Insurance Co. Ltd
(32) Heirs Life Assurance
(33) OASIS Insurance
(34) Sovereign Trust Insurance
(35) Kapital Insurance Co Ltd
(36) Sterling Assurance Nig. Ltd
(37) Capital Express Insurance Co. Ltd
(38) Linkage Assurance Plc
(39) Equity Life Insurance
(40) Consolidated Hallmark Plc
(41) Unitrust Insurance Co. Ltd
(42) Universal Insurance Co Ltd
(43) AIICO Insurance Plc
(44) Investment and Allied Insurance Co. Ltd
(45) Continental Reinsurance Co. Plc
(46) Guinea Insurance Plc
(47) NEM Insurance Plc
(48) African Alliance Insurance Co. Ltd
(49) Nigerian Agricultural Insurance Corporation.