Insurance

An underwriting firm, NSIA Insurance Limited, has expressed commitment to diversifying insurance products to meet the needs of Nigerians.

The National Pension Commission (PenCom) has revealed plans to intensify financial self-sufficiency for Micro Pension Plan (MPP) subscribers as the number of contributors increases to 84,000.

The Chairman and Founder of AACS, a management consulting and policy formulation firm, Dr Ayo Abina, has stated that the Central Bank of Nigeria (CBN) should have modelled its currency redesign exchange period from 90 days

Stakeholders in the insurance industry have called on the new leadership of the Nigeria Insurers Association (NIA) to deploy the principle of self-regulation on claims settlement to redeem the image of the sector.

In a move to sustain the financial inclusion programme of the Federal Government, the National Insurance Commission (NAICOM) has expressed its commitment to expand the industry through the micro-insurance scheme.

The Policyholders of an underwriting firm, Coronation Insurance Plc have received a total of N7.31 billion as claims as of the end of 31st December 2021. This the insurer disclosed at its yearly general meeting held in Lagos, The firm presented with a lot of #EndSars claims which were within its retention limit and contractually…

The National Insurance Commission (NAICOM) and the Nigerian Agricultural Insurance Corporation (NAIC) have assured prompt settlement of claims due to policyholders affected in the recent flood disaster across the federation.

Despite worries about the harsh business environment, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) were able to generate a total of N14.8 billion gross written premiums (GWP) in the third quarter of this year.

Access Holdings Plc, trading as Access Corporation has announced plans to acquire the entire issued shares of Actis Golf Nigeria Ltd (AGNL), the sole shareholder of Sigma Pensions.

An insurance brokerage firm, First Standard Insurance Brokers Limited (FSIB), has been certified with the ISO 9001:2015 Quality Management System Certification.

The Nigerian Council of Registered Insurance Brokers (NCRIB) and the Lagos State government have partnered to promote insurance education among secondary school students in the state.

Nigerian insurance industry players and the National Insurance Commission (NAICOM) have revealed plans to announce a revised third-party motor insurance premium that would take effect this month.