EndSARS vandalism: Insurers’ll settle all genuine claims –NIA
The Chairman of Nigeria insurers Association (NIA), Ganiyu Musa, has said that all valid claims arising from the EndSARS vandalism and looting from policyholders would
Category : Insurance
Industry portal’ll expose fake insurance certificates, claims defaulters –NAICOM
The National Insurance Commission (NAICOM) has said its new portal established to digitalise the operations of the sector and enhance insurance penetration will also check
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
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
