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Insurance

24 Aug
Lagos State government said over N2 billion has been paid as a premium for life and non-life insurance policies for its 73, 000 workers in the year. The Commissioner for Finance, Dr. Rabiu Olowo, who said this at a press briefing on the maiden ‘Lagos State Civil Service Insurance Week’, stated that the gesture is…
9 Aug
The Lagos State Government has urged underwriting companies in the country to consider providing special cover for micro, small, and medium enterprises (MSMEs).
5 Aug
Dive In, the insurance industry’s festival in commemoration of diversity and inclusion (D&I) has announced it will be hosting its event for the third consecutive year in Nigeria on 22 September 2021. This year, the event which pays special attention to the socio-cultural issues in the workplace in Nigeria, will focus on the theme, 'Mind…
26 Jul 2021
LASACO Assurance Plc has paid a total of N364 million as a death benefit to relatives of the late staff of Lagos State Universal Basic Education Board (SUBEB) and local governments in the state.
26 Jul 2021
Allianz Nigeria, a member of Global Allianz Group, said it paid claims worth N1.8 billion to customers who suffered losses in the first half of 2021.
26 Jul 2021
The Nigerian Council of Registered Insurance Brokers (NCRIB) has faulted a newspaper report saying m members of the Council undermine the no premium no cover rule.
19 Jul 2021
Following its expulsion from the Nigerian Insurers Association (NIA), Standard Alliance Insurance Plc has demanded N10 billion from the body as damages to its reputation, resulting from malicious
19 Jul 2021
The National Insurance Commission (NAICOM) has revealed plans to sanction insurance operators that fail to implement the corporate governance guidelines in the country.
16 Jul 2021
AutoGenius, Nigeria’s premier digital insurance platform, has completed a comprehensive rebranding exercise, in line with its mission of improving affordability, access and transparency in the insurance sector. Critical to the rebranding exercise is a change of name to MyCoverGenius  (MCG), the launch of a new corporate logo and a new website to bring more innovative…
9 Jul 2021
Leading financial services and technology platform, Tangerine officially launched with its financial service product offerings at a press conference held on Wednesday 7th July, 2021. Speaking at the press conference was Livingstone Magorimbo, Head Life Insurance, Tangerine Nigeria, Dapo Akisanya, Head Pensions, Tangerine Nigeria & Ibitunde Balogun, Head Commercial, Tangerine Nigeria who introduced the press…
5 Jul 2021
Mutual Benefits Assurance Plc said it achieved a gross premium of N19.98 billion, a seven per cent increase from N18.69 billion recorded in 2019.
5 Jul 2021
Stakeholders in the insurance industry, alongside the National Insurance Commission (NAICOM), plan to review the third-party motor insurance policy to make it more effective.

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