Tag: Nigeria Insurance

Insurance Assets Hit N2.3tri
December 21, 2022 No Responses

Insurance Assets Hit N2.3tri

The National Insurance Commission (NAICOM), on Tuesday disclosed that the insurance industry attained total assets of N2.3 trillion, indicating 9.0 per cent increase, Year-On-Year (YoY) at the end of the third quarter.  This is contained in a bulletin of the...
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Insurance Industry Generates N508b Premium In 2021, Pays N224b Claims
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...
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Heirs Insurance, Heirs Life Confirm Purchase Of Insurance In Five Minutes
August 4, 2021 No Responses

Heirs Insurance, Heirs Life Confirm Purchase Of Insurance In Five Minutes

Dr. Adaobi Nwakuche, Ag. MD/CEO, Heirs Insurance Limited  (Left) and Niyi Onifade, MD/CEO, Heirs Life Assurance Limited  Digital insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA), have confirmed that customer...
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Standard Alliance Insurance Demands N10b Damages From NIA
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...
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