Insurance
14 Aug 2023
No fewer than 500 experts in the insurance and pension industry are to set an agenda for the new administration on how the sectors can build a viable and sustainable economy in the country.
14 Aug 2023
Capital Express Assurance Limited has recorded growth across key performance indicators in its 2022 financial year-end, recording N5.02 billion gross written premium (GWP) in the 2022 financial year.
10 Aug 2023
Veritas Kapital Assurance Plc announced 740 per cent in profit after tax in the second quarter of 2023 financial results compared to last year.
8 Aug 2023
Heirs General Insurance (HGI) and Heirs Life Assurance (HLA) have introduced multiple digital channels to make insurance transactions easier for customers.
4 Aug 2023
Underwriting firms in the nation’s insurance industry have urged vehicle owners to verify their motor insurance through the Nigerian Insurance Industry Database (NIID).
31 Jul 2023
Heirs General Insurance (HGI) and Heirs Life Assurance (HLA) have introduced multiple digital channels to make insurance transactions easier for customers. The mobile and digital channels include a chatbot called Prince, which resolves customers’ inquiries, a USSD channel for Heirs Life and mobile apps – Simple Life by Heirs Life Assurance and Simple Protect by…
31 Jul 2023
Lasaco Assurance Plc has declared a 15 kobo dividend on every share translating to a total value of N183 million for the year ended 31st December 2022. This came as the underwriter shareholders’ fund rose by 15 per cent to N12.99 billion in 2022, from N11.3 billion posted in the 2021 financial year. Similarly, the…
31 Jul 2023
The Nigerian Insurers Association (NIA) has called on the Federal Road Safety Corps (FRSC) to intensify the campaign for the adoption of insurance by motorists in line with relevant laws. A delegation of the association comprising the governing council paid a visit to the FRSC corps marshal, Dauda Ali Biu, in Abuja, to consolidate their…
26 Jul 2023
To further deepen insurance penetration in the Nigerian market, Sanlam Nigeria has introduced a new campaign tagged #ProudMoments, to drive financial inclusion and boost insurance acceptance in Nigeria. The campaign, with visuals shot in location in Nigeria, centered on the need to protect the things that mattered through insurance. A statement by the Senior Marketing…
24 Jul 2023
The National Insurance Commission (NAICOM) has expressed its commitment to creating an enabling environment for insurers to increase their financial capacity to be able to underwrite big risks in line with the Guidelines for Oil and Gas Insurance Business issued in 2010.
24 Jul 2023
An underwriting firm, Leadway Group, said it has unified non-banking financial products and services of its subsidiaries through the ‘Leadway One campaign.’
23 Jul 2023
The Insurance Industry Committee (IIC), inaugurated by the insurance industry’s players to work on development plans, will today flag off publicity to educate Nigerians on the rationale behind the increment in third-party motor insurance rate from N5,000 to N15,000 by the National Insurance Commission (NAICOM).