NNPC insurance probe: GLA scheme reveals solid claims settlements
The Nigerian National Petroleum Corporation (NNPC) Group Life Assurance (GLA) scheme claims ratio for the last 10 years have shown a strong and sustained claims
Category : Insurance
FG’s N11bn COVID-19 insurance eludes 14 dead doctors
Fourteen doctors who have died after contracting the COVID-19 virus are not part of those that were insured by the Federal Government and not entitled
46 seized property from ex-chair, Olejeme, belong to us, NSITF tells court
The Nigeria Social Insurance Trust Fund (NSITF) has claimed the ownership of the 46 property seized from the agency’s former Chairman, Ngozi Olejeme, by the
Q1: Allianz Nigeria pays N1.8bn claims
The Chief Operating Officer, Allianz Nigeria Insurance Plc, Owolabi Salami, said his company has demonstrated resilience in its business strategy despite the impacts of the
NAICOM plans approval for four new insurance companies
The National Insurance Commission says it has received applications and commenced the registration process for four new insurance companies. NAICOM disclosed this on Friday in
Insurers intensify fight against COVID-19 negative impact
Underwriting firms in Nigeria’s insurance industry have begun to invest more in Corporate Social Responsibility (CSR) especially in this period of the coronavirus pandemic. The
NAICOM segments, extends full recapitalisation of insurance companies to 2021
National Insurance Commision (NAICOM) has directed insurance and re-insurance companies to comply with approved minimum paid-up capital not later than Sept. 30, 2021 as against
Non-performing loans of insurance firms, others drop by N24.28bn
The non-performing loans of insurance companies and other finance organisations granted by banks have dropped by N24.28bn. Specifically, the loans dropped from N28.86bn in December
Mutual funds to hit N1.5tn this year – SEC
Exchange Commission has said that Collective Investment Scheme in the nation’s capital market may hit over N1.5tn before the end of this year. The CIS,
N8.4b debt: AMCON seizes 72 luxury flats, shopping complex, lands…RCCG, two other churches locked out
The Asset Management Corporation of Nigeria (AMCON) Friday moved against 12 debtors owing the Federal Government N8.4billion by seizing their multi-billion naira properties across Lagos.
