How N5.4b claims settlement will boost shareholders’ confidence
The modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must determine appropriate settlements and flag potential fraud faster than ever.
FBNInsurance posts N26b gross premium
FBNInsurance Limited has posted a gross premium written of N26 billion in its financial report for the 2018 financial year, which has been...
FBNInsurance eyes 30 per cent growth in 2019, assures prompt payments
FBNInsurance Limited has projected a 30 per cent growth in its business in 2019, despite the uncertainty associated election year. The Managing Director/Chief Executive Officer, Val Ojumah, in an interview with The Guardian over the weekend, said the company grew by over 40 percent in 2018 and is optimistic that this growth trajectory would be…
Industry’s endless losses and another N30 billion from transport sector
The nation’s insurance sector has been awash with series of losses arising from defiance to laws, poor business structures and the inability of the regulators and stakeholders to enforce rules.
FBNInsurance gets international recognition
In an effort to raise the industry profile, FBNInsurance Limited, a member of the FBN Holdings Company associated with the Sanlam Group, South Africa, has been recognised as the winner of the Sanlam Emerging Markets (SEM) Cup of Nations.
FBNInsurance woo clients with affordable products
In a bid to enlarge their market shares, FBNInsurance Limited and FBN General Insurance have developed customised and affordable products that are targeted at the top, middle and lower classes of the society.
Path to viable industry activities, by FBNInsurance
The Managing Director/Chief Executive Officer, FBNInsurance Limited, Val Ojumah, has identified business opportunities for insurance in the non-oil sector in the light of current economic downturn largely brought about by crashing oil prices.