Insurance News Archives — City Business News

December 3, 2022 No Responses

Photo News

L-R: Group Head, Digital Partnerships and Wealth Management, Tangerine, Mrs Luciana Ojeniyi; Lead, Retail Non-Life Business, AIICO, Mr Kehinde Adeniyi; Head, Partnership & Alliance, AIICO, Mr Piyush Srivastava; General Manager, Marketing and Corporate Communications, Coscharis Group, Mr Abiona Babarinde; and Group...

October 27, 2022 No Responses

Heirs Insurance Firms Record N14.8b Premium In Q3

Heirs Insurance Ltd. (HIL) and Heirs Life Assurance (HLA) have generated a total of N14.8 billion Gross Written Premium (GWP) in the third quarter. Mr Niyi Onifade, Managing Director, Heirs Life Assurance, said this at a press briefing on Wednesday...

August 7, 2022 No Responses

AIICO Insurance Declares N45.5b Gross Premium In Six Months

For the first half of 2022, AIICO Insurance Plc has declared Gross Written Premium (GWP) of N45.5 billion. The company’s unaudited report showed that the GWP increased by 21.4 per cent compared with the N37.481billion recorded in the corresponding peri...

February 9, 2022 No Responses

Insurance Industry Generates N508b Premium In 2021, Pays N224b Claims

The Chairman, Nigerian Insurers Association (NIA), Mr Ganiyu Musa, on Tuesday said the insurance industry generated N508 billion Gross Premium in 2021, out of which N224 billion was paid as claims. Musa, who said this at a news briefing in...

July 28, 2021 No Responses

Cornerstone Insurance Attains N17.53b Gross Premium In 2020

For the year ended December 31, 2020, Cornerstone Insurance Plc, attained a Gross Premium of N 17.53 billion Addressing shareholders on Tuesday at the 29th Annual General Meeting/30th anniversary of the insurer in Lagos, chairman of the company, Mr Segun...

July 10, 2021 No Responses

Standard Alliance Insurance Demands N10b Damages From NIA

Standard Alliance Insurance Plc. has demanded N10 billion from Nigeria Insurance Association (NIA) as damages for loss of reputation that resulted from its purported expulsion by the association. This is contained in a letter sent to NIA by the solicitor...