Identifying the need to diversify insurance products to meet the needs of every Nigerian will help to deepen insurance penetration across the country, industry experts have said.

The campaign for health insurance deal for the Nigerian performing arts industry championed by veteran dancer, Kafayat Shafau-Ameh, also known as Kaffy, has received strategic support from Avon HMO, a leading health management organization.   Through this first-of-its-kind partnership, Nigerian creatives will now enjoy healthcare coverage tailored to their needs through the Kaffy Health Plan by Avon HMO. Currently, less than 5 per cent of Nigerians…

Underwriters have stressed the need for Nigerians to embrace insurance products as a lifestyle, and not as regulatory necessity that would increase the economic value for both individuals and organisations in the country they added. People consider insurance mostly for vehicles because of regulatory requirements mostly to keep their activities alive, but hardly reflect on…

Law Union & Rock (LUR) Insurance will soon join the league of delisted firms, as the Nigerian Stock Exchange (NSE), has approved its application seeking voluntary delisting of its shares

Multi-peril insurance coverage for food and cash crop production has been identified as one of the ways to minimise losses of farmers and get them back to business, as farms are ravaged by droughts

Experts have stressed the need for government to ensure gender equality across sectors of the economy, especially the insurance sector, for Nigeria to achieve an additional 1.25% in Gross Domestic Product

Managing Director, Nigerian Agricultural Insurance Corporation (NAIC), Mrs Folashade Joseph, explains how farmers can access insurance policies to minimize losses as climate change

The on-going recapitalisation exercise in the insurance sector may have hit a “high gear”, as operators are now enhancing their liquidity position with the sale of assets that are less-mandatory.

A woman from Slovenia who deliberately sawed off her own hand in hopes of claiming £925,000 insurance payout has been sentenced to two years in prison. Julija Adlesic, 22, plotted with her boyfriend to have her left hand severed above the wrist at their home in the capital Ljubljana early last year. She had claimed…

To cope with the challenges posed by the outbreak of the coronavirus especially in Nigeria, operators in the insurance industry are beginning to upgrade their digital capabilities and platforms to effectively serve customers, through various payment channels. With the federal and some state governments entrenching physical and social distancing rules to limit human physical contacts…

• Crashed helicopter has valid clearance, insurance, says operator A coalition of aviation workers’ unions will today hold a nationwide protest on welfare issues and alleged rot in the system. The coalition made up of the National Union of Air Transport Employees (NUATE), Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and Association of…

Shareholders have urged operators to boost their share capital to N9.250 billion, in efforts to meet the on-going recapitalisation process in the industry. The insurance industry recapitalisation, which is slated to elapse by September 30th, 2021, is expected to be robust and capable of taking big risks, as well as contributing to the nation’s Gross…