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Nigerian Insurers Association

25 Oct
About N9 billion claims have been paid to policyholders who suffered losses from lootings and destruction that marred the #EndSARS protests in October 2020.
19 Jul
Following its expulsion from the Nigerian Insurers Association (NIA), Standard Alliance Insurance Plc has demanded N10 billion from the body as damages to its reputation, resulting from malicious
28 Jun
Niger Insurance Plc has paid N1.15 billion to policyholders between 2020 till date, in its moves to oil the relationship with customers.
10 May
The Nigerian Insurers Association (NIA) has said that insurance companies in the country paid N4 billion as claims arising from over 2,000 businesses affected by the #EndSARS protests.
26 Apr
The insurance industry statistic has revealed that underwriting companies in the country generated a total sum of N418.76 billion from motor policy business in 10 years.
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.
29 Jun 2020
The Nigerian Insurers Association (NIA), has revealed that the volume of business written by the industry rose to N490 billion in 2019, a 15.55 per cent
6 Apr 2020
In a quest to sustain government efforts towards containing the impact of the Coronavirus in the country, the nation’s insurance industry has formed a consortium to provide
2 Mar 2020
• Oil price, reserves, excess crude savings dip • ‘Why prices of phones may rise by 75%’ • Spare parts dealers worry about weak supply chain • Travel insurance claims expected to spike • Shipping industry loses $350 million weekly The cost of the coronavirus outbreak for businesses is rising as the organised private sector…
24 Feb 2020
NAICOM, has warned that firms operating without in-house actuary would soon be denied the opportunity to underwrite the annuity business in Nigeria.
19 Nov 2019
The Nigerian maritime insurance, like the global market, is fraught with challenges. While the local market is battling the prevalence of fake operators and fake certificates, causing the industry to lose huge premiums
30 Sep 2019
Experts in the financial service sector have implored companies, especially, insurance companies across the country would need to adopt a robust Information...

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