The Nigerian Insurers Association (NIA) has expressed its readiness to address the challenge of uninsured vehicles plying Nigerian roads across the 36 states.
Underwriting firm, Cornerstone Insurance Plc, has proposed to pay its shareholders a dividend of five kobo per ordinary share of 50 kobo for the financial year, which ended December 31, 2021.
The huge yearly losses in revenue in the maritime sector by the insurance industry is beginning to generate fresh apprehension among members of the Nigerian Insurers Association (NIA), triggering a move to address the capital flight challenge in the sector.
The Nigerian Insurers Association (NIA) has said that insurance claims from #EndSARS protests might increase to N20 billion. He said paid claims have crossed N11 billion already.
2 Nov 2021
The Nigerian Insurers Association (NIA) has reassured the Federal Government of its support for the developmental initiatives designed to enhance economic growth.
5 Jul 2021
The Nigeria Insurers Association (NIA) has urged stakeholders to work together to redeem the industry’s poor image.
18 May 2021
The Nigerian Insurers Association (NIA) has engaged Lagos and other states on the enforcement of motor insurance through its licensing offices.
2 Feb 2021
The new Chairman, Council of Bureaux, ECOWAS Brown Card Insurance Scheme, Ganiyu Musa, has revealed plans to tackle challenges in the insurance brown card scheme. He disclosed this while presenting his acceptance speech at the 37th session of the Council of Bureaux, ECOWAS Brown Card Insurance Scheme, held virtually. Musa, who doubles as the Chairman…
21 Dec 2020
The Nigerian Insurers Association (NIA) has recommended the introduction of risk-based capital to the Consolidated Insurance Bill, describing it as the right model for the insurance industry to align with the market to reposition for growth.
19 Nov 2020
The Nigerian Insurers Association (NIA) has urged policyholders in the country, whose facilities were damaged during the #EndSARS protest to contact their insurance companies or brokers for the claims process.
28 Oct 2020
Amid continuous looting and attacks on properties and loss of lives occasioned by the #EndSARS protests across Nigeria, insurance practitioners are bracing up for possible overwhelming compensation for insured individuals...
24 Aug 2020
The Speaker, House of Representatives, Femi Gbajabiamila, has expressed readiness of lawmakers to partner with the insurance sector for improved services for further development of Nigeria.