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.

There are indications that only about 2.53 million out of the 12 million registered vehicles on Nigerian roads have genuine motor insurance, leaving about 9.5 million uninsured.

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.

The Nigeria Insurers Association (NIA) has called member companies to activate business stability strategies to ensure quality service delivery amidst the disruption...

The Nigerian Insurers Association (NIA) has lauded the Federal Government of Nigeria for the speedy assent to the Finance Act 2020, describing the move as a welcome development which will usher in a new lease of life for insurance companies.

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) .

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.

In Nigeria today, I would say that the insurance industry is at the point of inflection. Every attention is on insurance, given the benefits, it offers to both the individuals and the economy as a whole.

Policyholders in the nation’s insurance industry, between 2013 and 2018 have received claims worth N713 billion after they suffered from insured...

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...

The Nigeria Insurers Association (NIA) has announced the appointment of Yetunde Ilori as its new Director General while the Managing Director of NEM Insurance Plc, Tope Smart, is Deputy Chairman.

AXA Mansard emerged the “Best In-House Legal Team” in the Insurance category at the 2016 ESQ Nigerian Legal Awards for two consecutive times, while AXA ...