Noor Takaful Surpasses N1.3bn in Surplus Distribution

Noor Takaful Insurance Limited and Noor Health Limited are set to make history as they host the 2026 Surplus Distribution Ceremony on Tuesday, August 11, 2026, in Lagos.

The event will bring together regulators, participants, enrollees, healthcare providers, brokers, corporate partners and other key stakeholders to celebrate another milestone in ethical insurance and healthcare financing.

This year’s ceremony marks two significant achievements. Noor Takaful will continue its unbroken tradition of distributing underwriting surplus to eligible participants, having successfully paid surplus every year since commencing operations in 2017.

Speaking ahead of the event, the Managing Director of Noor Takaful Insurance Limited, Rilwan Sunmonu, described the ceremony as another defining moment in the evolution of ethical insurance and healthcare financing in Nigeria.

“Since commencing operations in 2017, Noor Takaful has consistently fulfilled one of the most distinctive promises of the Takaful model by returning surplus to eligible participants every single year. With this year’s distribution, we will have paid over N1.3 billion in surplus to our participants. This demonstrates that Takaful is more than insurance—it is a system built on fairness, shared responsibility and shared prosperity,” he said.