African Alliance Insurance Pays N7.5bn Claims
Life Insurance expert, African Alliance Insurance Plc, said it paid a total of N7.5billion in 2021. The company said it paid N475 million claims to
Category : Insurance
IICC Institutes Award for Insurance Journalists
The Insurance Industry Consultative Council (IICC) has instituted an award for journalists covering insurance sector in the country. Chairman of IICC, Sir Muftau Oyegunle, disclosed
NSITF settles 11,000 employees’ N1bn claims in 2021 –Board
The Chairman, Board of Directors of the Nigeria Social Insurance Trust Fund, Austin Enajemo-Isire, has said the agency, paid claims of over 11,000 employees amounting
NAICOM Insists on Implementation of IFRS 17 from Jan 2023
The National Insurance Commission (NAICOM) has said that it would not go back on the proposed implementation of International Financial Reporting Standard (IFRS17) in insurance
NCRIB President advises Nigerians to patronise only registered insurance brokers
Nigerian Council of Registered Insurance Brokers (NCRIB), on Sunday, advised Nigerians to patronise only registered insurance brokers for all their underwriting businesses. The NCRIB President,
BREAKING: Nigeria’s Pension Reforms Boss, Abdulrasheed Maina, Jailed Over N2bn Scam
BREAKING: Nigeria’s pension reforms boss, Abdulrasheed Maina, jailed over N2bn scam By Abisola THOMPSON The Economic and Financial Crimes Commission, EFCC,on November 8, secured a
Banks, insurance firms to rake in N22.6bn from MDAs
Deposit Money Banks and insurance companies are expected to rake in the sum of N22.6bn in bank charges and insurance premiums from Ministries, Departments and
Heirs Insurance , Heirs Life reaffirms commitment to service excellence, simplified insurance
Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) have reaffirmed commitment to service excellence, financial inclusion and simplified insurance service to boost market share.
How insurers settled N9bn #EndSARS protests claims
…Analysts predict sustained rally amid Q3 earnings, dividend payout About N9 billion claims have been paid to policyholders who suffered losses from lootings and destruction
Insurance companies pay N9bn of possible N20bn #EndSARS claims
Insurance companies will eventually pay about N20billion in compensations to losses recorded at the October 2020 #EndSARS protests. Speaking in Lagos on Wednesday, Chairman of
