Insurers deepen market expansion through new SME offerings
Diversifying insurance products to meet needs of Small and Medium Enterprises (SMEs) will help to increase the insurance market and contribute maximally to the nation’s economy.
Underwriter gets stable outlook rating for performance
The plan to recapitalise the insurance industry in the country may be getting the required boost as insurers record improved rating outlook by global agencies. A global credit rating agency, AM Best, spotted improved performance ...
Insurers move to aid environment protection awareness in workplace
To further cope with the challenges posed by the outbreak of the coronavirus, especially in Nigeria, insurance operators have expressed commitment to promoting environmental protection awareness to mitigate the negative impact of the virus in the workplace.
Insurers boost investors’ hope with financial performance
Despite the challenging operating environment in the country, underwriting companies in the nation’s insurance industry are beginning to attract more investors across continents through...
Insurers offer customers free cover to deepen market penetration
Determined to regain consumers’ confidence in the nation’s insurance industry, especially during the lockdown, operators have begun to offer of a two-week free insurance cover on all renewals under comprehensive motor insurance policy.
Industry stakeholders harp on health, safety, others at workplace
Insurance industry stakeholders have advised organisations in the country to take workplace health insurance as a priority and also provide enabling environment against unforeseen hazard.
Insurer grows shareholders’ funds above N22 billion in H1
AXA Mansard Insurance Plc in its unaudited financial results for the half-year ended June 30, 2019, showed a growth of eight per cent in shareholders’ equity.
AXA’s gross premium increases by 26%
AXA Mansard Insurance Plc has declared gross written premium of N33.9 billion in its 2018 financial year, up by 26 per cent from the N26.8 billion in 2017. The company’s net premium income grew by 43 per cent to N19.7 billion from N13.8 billion in 2017, while profit before tax rose by five per…
Underwriter unveils new family education plan
AXA Mansard Insurance has unveiled revamped Education Plan with better offer to shareholders across the country, in its quest to ensure continuous access to quality education for its customers. The Chief Executive Officer, AXA Mansard Insurance, Kunle Ahmed, said the new product is to assist parents achieve their lofty goals for their children.…