Mutual Benefits Assurance posts N11.31bn profit in 2024, pays N29.08bn claims
•...company declares 2 kobo dividend, targets stronger shareholder returns Mutual Benefits Assurance Plc has announced a 92 percent surge in…
The future is full of opportunities —Ashok Shah
Ashok Shah is the Group Chief Executive Officer of APA Apollo Investments and subsidiaries such as APA Insurance, APA Life,…
Appraising Generative AI role in the insurance industry
Generative Artificial Intelligence (AI), particularly models like ChatGPT, DALL·E, and others capable of generating text, images, and code, is rapidly…
SanlamAllianz hosts Nigerian Council of Registered Insurance Brokers
The newly launched joint venture between Sanlam and Allianz in Nigeria, now known as SanlamAllianz, successfully hosted the first edition…
Governing Council of Nigerian Insurers Association admits —Coronation Insurance MD
The Governing Council of Nigerian Insurers Association (NIA) has accepted the election of Coronation Insurance Plc Managing Director, Mr. Olamide…
Universal Insurance grows premium to N15.25bn, as profit hits 2.8bnv
The Managing Director/CEO of Universal Insurance Plc, Dr. Jeff Duru has said that the company recorded a Gross Written Premium…
NHIA expands universal health coverage for enrollees —Dr Ohiri
The National Health Insurance Authority, (NHIA) said it has expanded the national health insurance scheme to cover extreme health cases…
Nigerian insurers grow gross written premium by 56 per cent to N1.562trn
The Nigerian Insurance Industry recorded a gross written premium of N1.562 trillion in 2024, showing a 56 percent increase over…
Mokwa floods: Insurance as a vital tool in mitigating flood risks
While floods pose a growing threat to communities and their financial stability, as exemplified by the recent Mokwa flooding, insurance…
NCRIB urges FG to prioritise insurance as driver for $1trn economy
The Nigerian Council of Registered Insurance Brokers (NCRIB) has urged President Bola Ahmed Tinubu to prioritise insurance as a key…
NAICOM to issue revised guidelines on annuity, cyber risks to protect pensioners
The National Insurance Commission (NAICOM) has said that it would soon introduce supplementary guidelines to safeguard Retiree Life Annuity (RLA)…
LASACO Assurance hosts forum for Northern Region customers
LASACO Assurance Plc, one of the top players in Nigeria’s insurance industry has convened its 2025 Customer Forum for the…
Sanlam merges with Allianz for enhanced operational efficiency
Sanlam and Allianz have made a significant milestone in their Pan-African expansion strategy with the successful merger of their operations…
FG-CIFCFIN synergy crucial to winning the war against corruption —Kayode
Co-Chairman of National Insurance Commission/Nigeria Civil Aviation Authority (NAICOM/NCAA) Joint Technical Committee on Aviation Insurance, Pastor Folorunso Kayode, in this…
Heirs Insurance Group opens entry for N10.5m prizes “Heirs Insurance Essay Championship”
…Bags Insurance Company of the Year award HEIRS Insurance Group has opened entry for applications for the fourth edition of…
NCRIB inducts 66 new individuals, 18 corporate members
THE Nigerian Council of Registered Insurance Brokers (NCRIB) has inducted 66 individuals and 18 corporate new members into its associate…
Prudential Zenith Life unveils “Bring Your Kid to Work” initiative
PRUDENTIAL Zenith Life Insurance Limited (PZL) opened its doors to employees’ children for a special “Bring Your Kid to Work…
AXA Mansard Investments hosts ‘The Mum Fund’ to bridge financial literacy gap
AXA Mansard Investments Limited said it sponsored ‘The Mum Fund’ event due to its commitment to bridge the financial literacy…
NAICOM leads discussion between Nigeria, Ghana Insurance, marine operators
THE National Insurance Commission (NAICOM), has championed stakeholders’ engagement between the Nigerian insurance and marine industries with the Ghana Cargo…
Navigating the dynamics of rate cutting in insurance industry: Risks, rewards, and realities
JOSEPH INOKOTONG in this piece explores the practice of rate cutting in the insurance industry, analyzing its causes, benefits, pitfalls,…
