Insurance Sector Grew by 6.6% in Q3 –NBS
Insurance Sector Grew by 6.6% in Q3 –NBS The Nigerian insurance sector grew by 6.69 per cent year-on-year in the third quarter of this year,…
Insurance
NAICOM Okays Recapitalisation Plans Of 44 Insurance Companies
NAICOM Okays Recapitalisation Plans Of 44 Insurance Companies The National Insurance Commission (NAICOM) has approved the recapitalisation plan of 44 Insurance companies in Nigeria. This…
Workers Protest as IGI Sacks Over 60 Staff Without 20-month Pay
Workers Protest as IGI Sacks Over 60 Staff Without 20-month Pay Drama as workers of the Industrial and General Insurance (IGI) Plc protest against the…
Insurance: New Recapitalization Policy Woos Foreign Investors
Insurance: New Recapitalization Policy Woos Foreign Investors Foreign investors have continued to indicate interest in insurance companies in Nigeria following the June 2020 deadline for…
FBN General Insurance Settles N902m Claims
FBN General Insurance Settles N902m Claims FBN General Insurance Limited, a subsidiary of FBN Insurance Limited, said it paid the sum of N902 million claims…
FG’ll Ensure Workers Have Life Insurance — Oyo-Ita
FG’ll Ensure Workers Have Life Insurance — Oyo-Ita The Head of Civil Service of the Federation, Winifred Oyo-Ita, has said that the Federal Government will…
Insurance Sector Grows Premium to N400bn
Insurance Sector Grows Premium to N400bn The Nigerian insurance sector’s premium rose by 10 per cent to N400bn in the 2018 financial period, according to…
Insurance Operators Launch Fresh Campaign
Insurance Operators Launch Fresh Campaign Operators in the insurance industry have launched a nationwide marketing campaign tagged ‘Live With Freedom.’ The campaign aims at showcasing…
Insurers Need $725m to Meet Recap Order
Insurers Need $725m to Meet Recap Order Insurance companies will need $725 million (about N261.5 billion) to meet the new capital requirement of the National…
Nigeria, Other African Countries Generate $66.7b Premium
Nigeria, Other African Countries Generate $66.7b Premium Nigeria, South Africa, Morocco and other African countries generated $67.7 billion (aboutN24.372 trillion) insurance premium income in 2017,…