Before Nigerians can be attracted to the insurance industry, there is a need for underwriting companies to embrace prompt payment of claims to retain public trust and ensure the sector contributes optimally to economic growth.
FBNInsurance Limited and FBN General Insurance have donated various items to orphanages across three geographical regions of the country. The beneficiaries are located in Abuja, Lagos and Port Harcourt, Rivers State.
26 Jan 2021
The Managing Director and Chief Executive Officer, FBNInsurance Limited, Val Ojumah has emerged the CEO of the Year in the African Insurance Awards 2020 edition held virtually recently and organised by African Reinsurance Corporation (AfricanRe).
20 Jul 2020
Modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must determine appropriate settlements
29 May 2019
Life insurance operators have generated N328.88 billion premium from annuity since the inception of the Contributory Pension Scheme (CPS). According to the National Pension Commission (PenCom) in its fourth quarter 2018 reports, life underwriters also made monthly annuity payments of N3.26 billion as at the end of fourth quarter, 2018. PenCom noted that it approved…
13 Feb 2019
FBNInsurance Limited has projected a 30 per cent growth in its business in 2019, despite the uncertainty associated election year. The Managing Director/Chief Executive Officer, Val Ojumah, in an interview with The Guardian over the weekend, said the company grew by over 40 percent in 2018 and is optimistic that this growth trajectory would be…
24 Jan 2019
Following the confirmation by the National Insurance Commission (NAICOM), FBNInsurance Limited, a member of the FBNHoldings Company associated with the Sanlam Group of South Africa...
14 Nov 2017
FBNInsurance Limited has announced the appointment of Ekpe Ukpabio, as Executive Director, Technical.
26 Jun 2017
In an effort to raise the industry profile, FBNInsurance Limited, a member of the FBN Holdings Company associated with the Sanlam Group, South Africa, has been recognised as the winner of the Sanlam Emerging Markets (SEM) Cup of Nations.
24 Apr 2017
In line with its strategic expansion approach, aimed at extending its reach and make its operations accessible to more customers across Nigeria, FBNInsurance Limited, has opened six new sales outlets in Abeokuta, Ijebu Ode, Apapa, Agbara, Isolo and Epe.
3 Apr 2017
FBNInsurance Limited has announced a Profit Before Tax (PBT) of N3.13 billion in its 2016 operations, representing 70 per cent increase compared to N1.8 billion achieved in the previous year.
16 Jan 2017
As part of its Corporate Responsibility and Sustainability (CR&S) drive, fast growing financial services company, FBNInsurance Limited, has provided a Group Family Shield cover valued at N14.5 million for the members of the National Association of Insurance and Pension Correspondents (NAIPCO).