All About Claims, FAQS on Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Life Insurance, Other Resources & Tips, Pension

Revealed: Nigerian Workers NOT Insured For 2013

Inspite of the demise of several federal Government workers in 2013, Insuranceadvicenigeria.com can authoritatively reveal that Nigerian workers are yet to be insured for the 2013 insurance period. In effect,

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All About Claims, FAQS on Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Life Insurance, Other Resources & Tips

A.M. Best Withdraws Ratings of Leadway Assurance Company Limited

A.M. Best Europe – Rating Services Ltd. has affirmed the financial strength rating of B- (Fair) and issuer credit rating of “bb-” of Leadway Assurance Company Limited(Leadway) (Nigeria). The outlook for both

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All About Claims, FAQS on Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Life Insurance, Other Resources & Tips

Porous Borders: Kidnapped French Tourists Taken Into Nigeria From Cameroon

Seven French tourists, including four children, kidnapped in northern Cameroon were taken across the border into neighboring Nigeria, said Eloi Gabriel Essoa, a local official in Cameroon. The people were taken at

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All About Claims, FAQS on Insurance, Fire & Special Perils Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Other Resources & Tips

Natural Catastrophes Caused $160B Losses In 2012- Munich Re

In 2012,  natural catastrophes caused US$160bn in overall losses and US$65bn in insured losses worldwide. According to statistics just released by Munich Re, the bulk of the S65billion losses were

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All About Claims, FAQS on Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Other Resources & Tips, Titbits

NIGERIA: How NAICOM’s Latest Directive Is Redefining Insurance Brokerage Business

Insurance Brokers are intermediaries between the Insured (Policyholders) and the Insurer (Underwriter). According to information obtained from the Insurance Regulator, NAICOM, there are 553 licensed insurance brokers in Nigeria. The Nigerian insurance

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All About Claims, FAQS on Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Life Insurance, Other Resources & Tips, Titbits

Revealed: 7 Top Secrets You Didn’t Know About ‘No Premium No Cover’

Insuranceadvicenigeria.com uncovers the main reasons why the National Insurance Commission (NAICOM) issued the ‘No Premium No Cover ‘Guideline inspite of the apathy of Nigerians to insurance and the low penetration

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All About Claims, FAQS on Insurance, General, Insurance in Nigeria, Insurance Industry Trends, Insurance Terms and Terminologies, Latest Insurance News, Life Insurance, Other Resources & Tips, Titbits

2013: ‘No Premium No Cover’ Directive: Brokers and Underwriters Jittery

Insurance operators are currently in a state of fears over the ‘No premium No cover’ directives set to become operational by 1st January 2013. According to our investigations, most of

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