Remo Stars of Ikenne were taught a bitter lesson yesterday in Match Day Four of Nigeria’s Premier Football League (NPFL) as Bendel Insurance of Benin put them to the sword.

The National Insurance Commission (NAICOM) has expressed its commitment to continue to execute various regulatory and market development initiatives to raise industry activities to a global standard in the year 2023. The Commissioner for Insurance, Sunday Thomas, disclosed this in a paper delivered at a seminar organised by the commission for newsmen in Lagos with…

For the insurance industry to be relevant to the economy this year, there is a need for underwriters to adopt digital tools in marketing, claim processing and other critical operations. This was the position of the industry’s players, who gathered at the 2022 Insurance Industry Consultative Council (IICC) Media Retreat themed, ‘Media as Catalyst for…

Stakeholders in the insurance industry have stressed the need for underwriters to fast-track claims payment processes to increase insurance policy adoption.

Despite worries about the harsh business environment, Great Nigeria Insurance (GNI) Plc has recorded a profit before tax (PBT) of N1 billion for the 2021 financial year even as its claims rose to N2.1 billion in the same period, from N1.4 billion posted in 2020.

An underwriting firm, NSIA Insurance Limited, has expressed commitment to diversifying insurance products to meet the needs of Nigerians.

Stakeholders in the insurance industry have called on the new leadership of the Nigeria Insurers Association (NIA) to deploy the principle of self-regulation on claims settlement to redeem the image of the sector.

In a move to sustain the financial inclusion programme of the Federal Government, the National Insurance Commission (NAICOM) has expressed its commitment to expand the industry through the micro-insurance scheme.

Citing improvement in the local aviation safety records, Commissioner of the Accident Investigation Bureau Nigeria (AIB-N), Akin Olateru, has disclosed the reduction in insurance premiums paid by airlines operating in the country.

Experts have cautioned motorists to avoid driving in flooded areas as this could damage their vehicles and at a huge cost of repair. They urged motorists to acquire comprehensive insurance packages, to mitigate the cost of repairs

STANDARD INSURANCE CONSULTANTS: The Ideal Insurance Brokerage Partner With Global Experience With over 40 years of experience in the insurance industry, Standard Insurance Consultants Limited (SICL) has consistently stood out as one of the most dependable and customer-focused insurance brokerage firms in Nigeria. Without a doubt, the company has continued to grow steadily and has…

The total assets of the country’s insurance industry have increased to N2.3 trillion in the second quarter of 2022, growing by 11.9 per cent or N200 billion from the second quarter of 2021.