NIA generates N196 million from NIID data upload
The Nigerian Insurers Association (NIA), said it generated about N196 million from data upload on the Nigerian Insurance Industry Database (NIID) in the 2019 business operation.
NIA urges members to trigger business link strategies for industry’s growth
The Nigeria Insurers Association (NIA) has called member companies to activate business stability strategies to ensure quality service delivery amidst the disruption...
NIA lauds NAICOM, urges insurers to take advantage of extension
The Nigerian Insurers Association (NIA) on Saturday appealed to its member companies to take advantage of the extension of the recapitalisation deadline recently announced by the National Insurance Commission (NAICOM) .
9.5 million vehicles are not insured in Nigeria,says NIA
There are indications from the nation’s insurance industry operators that only about 2.53 million out of the 12 million registered vehicles on Nigerian roads, have genuine motor insurance certificates, leaving about 9.5 million effectively uninsured.
Industry’s settled claims hit N713 billion, as profit tops N2trillion
Policyholders in the nation’s insurance industry, between 2013 and 2018 have received claims worth N713 billion after they suffered from insured...
NAICOM, operators commit to industry rebranding project
In a dramatic move to unlock the potential in the industry, the National Insurance Commision (NAICOM), and operators have decided to raise about 50 per cent of the funds required...