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
Category : Insurance
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
#EndSARS@1: Insurance companies unveil report, pay N9bn claims on deaths, property
Insurance companies under the aegis of the Nigerian Insurers Association have paid N9bn in claims to customers who suffered losses during the public protests against
Nigeria@61: How insurance industry is doing — Insurers
As Nigeria turns 61, the Managing Director/Chief Executive Officer (CEO) FBNInsurance Limited, Mr Val Ojumah, says the contribution of the insurance sector to the nation’s
