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Access Holdings has announced its acquisition of Megatech Insurance Brokers Ltd, an insurance brokerage company licensed and regulated by the National Insurance Commission, NAICOM. In a letter to the Nigeria …
Access Holdings acquires Megatech Insurance Brokers Ltd Read More
Established out of the necessity to protect depositors who lost billions to bank collapse, the Nigeria Deposit Insurance Corporation (NDIC) has restored smiles to the faces of many depositors who …
NDIC and the need to strengthen Nigeria’s deposit insurance scheme Read More
The President/Chairman of the Chartered Insurance Institute of Nigeria, Edwin Igbiti, has said the institute is attracting the youths into the profession. Igbiti spoke at the 2023 Induction Ceremony of …
CIIN attracting youth to insurance – Igbiti Read More
One of Nigeria’s underwriting firms, Cornerstone Insurance Plc has received industry recognition for its capacity in technology innovations that are helping push its products and services to potential customers. The …
Cornerstone Insurance technology innovation attracts industry stakeholders Read More
Leadway Health, a prominent health management organisation in Nigeria, has joined forces with the Petroleum Tankers Drivers of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) to introduce …
5, 000 tanker drivers get Leadway comprehensive health insurance Read More
As part of measures to boost insurance penetration in Nigeria, FBN Insurance Brokers (FBNIB) has launched the First Cover, a digital brokering platform aimed at deepening insurance penetration in the …
FBN Insurance Brokers introduces First Cover, marks significant financial milestone Read More
The Asset Management Corporation of Nigeria (AMCON) on Wednesday said it has so far recovered over N1.8 trillion. A statement by its spokesperson, Jude Nwauzor, said the figures were made …
AMCON has recovered over N1.8trn – Official Read More
The National Chairman of Petroleum Tanker Drivers (PTD) Branch of NUPENG, Comrade Lucky Osesua, has cautioned drivers across the 4 zones of the union not to be taken in by …
NUPENG scribe Afolabi can’t take credit for PTD health insurance scheme – Osesua Read More
The Chairman, United Bank for Africa and Heirs Holdings, Tony Elumelu, has proposed N20 billion capital base for life, N30 billion general and N50 composite insurance operation. He said this …
Insurance: Elumelu proposes N30bn general business, N20bn capital for life Read More
The Commissioner for Insurance Sunday Thomas Monday said no economy can attain financial stability without insurance. He said this while presenting a paper entitled; ‘Rethinking Insurance as a Critical Economic …
No financial stability without insurance – Thomas Read More
Leading insurance companies in Nigeria grappled with a significant surge in net claims by customers in the first half of 2023, amounting to N49.158 billion, a substantial increase of 25.47 …
AXA Mansard, AIICO, other insurance firms grapple with surge in claims Read More
Sanlam General Insurance, a subsidiary of Sanlam Life Insurance and a member of the Sanlam Pan African group, has opened a new sales outlet in Agidingbi, Ikeja to enhance access …
Sanlam drives motor insurance with new sales outlet Read More
African Reinsurance Corporation (Africa Re), Stanbic IBTC Pensions, Sanlam Nigeria as well as NEM Insurance have emerged gold sponsors of the 2023 edition of the annual conference of Nigerian Association …
NAIPE’s confab opens with 30 insurance, pension firms sponsoring Read More
Heirs Insurance Group, comprising Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), announced a record-high 226% jump in Gross Written Premium (GWP), from N6.1bn in 2021 to N19.9bn for …
Heirs Insurance Group posts N20bn in 2022 revenue Read More
Inadequate insurance cover: NCAA vows severe sanctions against airlines, others The Nigeria Civil Aviation Authority (NCAA) has warned it will ground specific aircraft in the fleet of airlines and enforcement …
Inadequate insurance cover: NCAA vows severe sanctions against airlines, others Read More
Poised to help push further the nation’s insurance market penetration, National Insurance Commission (NAICOM) said that it is exploring the global Takaful insurance market, which is expected to grow to …
$2trn Global Takaful Insurance: NAICOM embarks on market expansion Read More
The Chartered Insurance Institute of Nigeria (CIIN) is working to ensure insurersprovide innovative insurance solutions to vulnerable citizens often affected by disasters from climate risks. The President of CIIN, Edwin …
CIIN seeks innovative insurance solutions to climate risks Read More
South Africa’s National Assembly recently approved a groundbreaking law that paves the way for the introduction of universal health insurance. The National Health Insurance Bill, passed on June 13, 2023 …
Comparing health Insurance laws in Nigeria and South Africa Read More
Health Care Providers Association of Nigeria (HCPAN) has decried low uptake of wellness cover in Nigeria 19 years into the establishment of the National Health Insurance Scheme (NHIS) and one …
Only 6% of Nigerians have health insurance – Care providers Read More
Imade Osarenkhoe’s strike from six yards on the dot of half time, after handball in the box by Rangers’ defender Chinemerem Ugwueze, handed Bendel Insurance this year’s NFF-TINGO Federation Cup …
2023: Insurance, Bayelsa Queens win Federation Cup Read More
The Grand Finale of this year’s NFF Federation Cup Competition slated for the Stephen Keshi Stadium, Asaba has now been moved to Wednesday, 21 June 2023. “A couple of issues …
Federation Cup: NFF postpones Rangers, Insurance final clash Read More
Insurance sector’s growth fell by 7.25 per cent in the first quarter of 2023, National Bureau of Statistics (NBS) has said. The NBS in its ‘Nigeria Gross Domestic Product Q1, …
Cash crunch: Insurance sector growth drops by 7.25% in Q1– NBS Read More
As part of its strategic objective to drive innovation of products and services, ensure operators are professional in the conduct of their businesses in line with best practices, the National …
NAICOM issues guidelines to engender professionalism Read More
Health insurance and universal health coverage are critical components of any functioning healthcare system, and Ekiti State in Nigeria is no exception. In recent years, the state government has made …
Ekiti state’s ambitious health insurance scheme Read More
Insurance companies in Nigeria are looking forward to growth in premium income in the first quarter of 2023. The expectation is based on the compliance level noticed so far with …
2023: Underwriters expect premium hikes to drive growth in Q1 Read More