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Insurance
Motorists To Get N3m Claims On Third-Party Insurance From Jan 2023
From January 1, 2023, policyholders of Motor third-party insurance stand to gain more from the industry as they will now earn N3 million claims in the event of an accident.
The new benefit to motor policyholders which was…
Ademola Olutusin Emerges NCRIB Lagos Chairman
Ademola Olutusin, is now the new Chairman of the Lagos Area Committee of the Nigerian Council of Registered Insurance Brokers (NCRIB).
Olutusin who is the managing director of, Denos Insurance Brokers Limited, takes over…
44 Underwriters Struggling In Nigerian Insurance Market
With 13 underwriters accounting for 50.4 per cent or N268.4 billion premium of the total N532.7 billion grossed in the third quarter of 2022, the data from the National Insurance Commission (NAICOM) has shown that the remaining 44 firms…
Staco Insurance Begs Policyholders On Outstanding Claims
Staco Insurance Plc has pleaded for more time from its policyholders who have outstanding claims with the insurer.
The Managing Director, Wale Banmore said the company has come back stronger after its earlier operating challenges,…
Universal Insurance Wins Pearl Award
In Commendation of the great strides recorded this year, Universal Insurance Plc has won the Pearl Award for the listed Company with the Highest Earnings Yield in 2022.
Thomas Charges Insurers To Harness Disruption For Opportunities
Directors of insurance firms have been charged to take cognizance of the environmental externalities and social impacts that have led to increased risk management.
Leadway Assurance To Sponsor Reality TV Show
Leadway Assurance Company, Nigeria's leading financial services provider has announced sponsorship of the fourth season of the Singing reality TV show, The Voice Nigeria.
Yayale Ahmed Led-Board Sells IGI Insurance’s 40% To Coopvest Ltd For N4.88bn
The board of Industrial and General Insurance Company (IGI) Plc led by former Secretary to the Government of the Federation of Nigeria,Yayale Ahmed may have sold the 40.7 per cent unallocated shares of the company.
Swiss Re Says Disasters Account For $122bn In Insured Losses In 2022
Hurricane Ian and other natural catastrophes have caused an estimated $115 billion of insured losses so far this year, well above the 10-year average of $81 billion, Swiss Re estimated on Thursday.
Natural and man-made disasters did…
AIICO In Pact With Coscharis Motors For Premium Cover To Customers
Coscharis Motors Limited, a leading brand in the Nigerian automobile industry, has signed a pact with AIICO Plc to embed motor insurance into its sales.