Business Trends & Strategies, Insurance Industry Reports, Insurance News in Nigeria

N1.64Bln Claims Paid In 2015 – Law Union & Rock


Law Union and Rock plc, a non-life company in Nigeria, has paid out amounting to N1.64 billion in the financial year 2015 from activities in Fire, General Accident Motor, Marine & Aviation, Engineering, Bond and Oil & Energy.

Managing Director/CEO of the Company, Jide Orimolade said from the total , Fire & Motor accounted for almost 73 per cent of the overall paid during the year.

Orimolade, said the statistics showed that the amount of accidents that emanated as a result of fire and motor accidents in the country was on the increase and the company was determined to support its customers and keep its promise to deliver on prompt claims payment.




Business Day

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