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 was...
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 sacking...
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 New ...
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 in...
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 ensure...
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 the...
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 the...
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 Insurance...
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, the...
FBN General Insurance Posts 91% Increase in PBT FBN General Insurance Limited grew its profit before tax to N615 million in the 2018 financial period. In...