Wednesday, 25th May 2022
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Insurance

1 Dec
AXA Mansard Insurance Plc, has recorded N48.78 billion Gross Written Premium, up 24 per cent from N39.46 billion in September 2020 According to the company, Net Premium Income of N27.13 billion, up 14 per cent from N23.75bn in September 2020. Investment and Other Income of N3.25 billion, down 50 per cent fromN6.56 billion in September…
29 Nov
Over 97 per cent of eligible bank deposits are fully covered by the Nigeria Deposit Insurance Corporation (NDIC), the Managing Director of the organisation, Bello Hassan, disclosed at the weekend.
29 Nov
For the insurance industry to contribute significantly to the economy (GDP), there is a need for underwriters to take prompt claims settlement as a priority.
29 Nov
Despite worries about economic challenges in the country, African Alliance Insurance Plc has recorded profit-before-tax (PBT) of N5.67 billion in 2020 compared to a loss of N7.04 billion in 2019.
24 Nov 2021
The emergence of Dr. Paul Adalikwu, a Nigerian, as the Secretary-General of the 25-member Maritime Organization of West and Central Africa (MOWCA) comes with a lot of implications for the country in particular,...
24 Nov 2021
To address food security concerns, technology and stimulate youth participation in agricultural production to promote sufficiency in food supply, the Lagos Chamber of Commerce and Industry...
22 Nov 2021
The National Insurance Commission (NAICOM) has insisted that there is no going back on the implementation of the International Financial Reporting Standard (IFRS) 17 in 2023 as stakeholders raised concerns over loopholes in Nigeria’s approach.
22 Nov 2021
Determined to encourage automation and regain consumers’ confidence in the nation’s insurance industry, AXA Mansard Insurance has reiterated its commitment to prompt claim settlement.
17 Nov 2021
Nigerian Breweries (NB) Plc has posted revenue of N309.22 billion in its third quarter operations as against N234.02 billion recorded in the corresponding period of 2020.
15 Nov 2021
Stakeholders in the insurance sector have applauded the Professional Insurance Ladies Association (PILA) for its contribution to the growth of the Nigerian insurance market.
15 Nov 2021
For Nigeria’s insurance sector to remain relevant, and survive in the future financial services industry, there is a need for operators to develop new technologies that could aid in fast-tracking claims processing and distribution channels...
8 Nov 2021
Despite worries about the economic challenges in the country, Coronation Insurance has increased its total assets to N41.15 billion.

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