Shareholders in the nation’s capital market have decried poor return-on-investment from insurance companies and called on the National Insurance Commission (NAICOM) to implement changes that will guaranty them better returns.
One of Nigeria’s foremost insurance service companies, with a reputation for service efficiency and customer reliability, Leadway Assurance Company Limited has explained the issue surrounding the alleged failure of a consortium of
WAPIC, a multi-line insurance company has disclosed that its Gross Written Premium rose by 36 per cent to hit N7.1 billion. The company which just released its audited financial results
Insurance is a means whereby a person pays some sum of money, called premium, in order to indemnify self or property against loss of a belonging worth much more than
Drivers will have to pay insurance premium rates based on how much risk they are perceived to carry. The rates offered however will not be regulated and may vary across different
Some of the signs that you should not hire an insurance agent include-: An agent who speaks a lot of professional ‘jargon’ and doesn’t take time to patiently explain all
Insurance can be very confusing for a lot of people, especially in Nigeria, is generally perceived as ‘the more you look, the less you see’. But in order to make it
The National Association of Nigerian Students (NANS) has lamented the untimely demise of its members nationwide and said, no effort has been made by the insurance company in charge to
The Federal Capital Territory Administration (FCTA) has threatened to report some insurance firms involved in its Group Life Assurance scheme to the Economic And Financial Crimes Commission (EFCC) for their
South Africa’s No.3 insurer MMI Holdings could exit some markets elsewhere in Africa, its spokeswoman said on Friday, the latest company to scale back on the continent once at the
Stanbic IBTC Insurance Brokers is set to provide bespoke risk management and insurance services in Nigeria, as it has commenced full operations sequel to the granting of a licence by
The Commissioner for Insurance and Chief Executive of the National Insurance Commission, Mohammed Kari, has said NAICOM is presently reviewing the outcome of the regulatory order slammed on Industrial and General Insurance (IGI) Plc.
As a company that is consistent in claims settlement, Universal Insurance Plc said it has paid over N300 million claims in the past three years. The Managing Director, Ben Ujoatuonu, made this
In order to forestall sanctions, Mr. Kayode Okunoren, the president of Nigerian Council of Registered Insurance Brokers (NCRIB), has urged brokers to ensure all necessary document are filed with the regulatory authorities in
The Managing Director of Universal Insurance Plc, Ben Ujoatuonu, on Tuesday said the firm is leveraging electronic platforms to deepen its operations. Ujoatuonu, disclosed this when the firm played host to insurance