Home Business Insurance World Life Arm Leads as emPLE Pays ₦7bn in Claims Across Key Sectors
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Life Arm Leads as emPLE Pays ₦7bn in Claims Across Key Sectors

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BY NKECHI NAECHE-ESEZOBOR—emPLE Nigeria said it paid over ₦7 billion in claims to policyholders in 2025, underscoring its commitment to meeting obligations and supporting customers during times of need.

The company disclosed this in a statement made available to BusinessTodayNG.

A breakdown of the claims shows that the life business paid over ₦4.1 billion, while the general insurance arm disbursed more than ₦3.6 billion across key sectors, including energy, engineering, motor, marine cargo, and marine hull.

Commenting on the development, Olalekan Oyinlade, Chief Executive Officer of emPLE General Insurance Limited, said insurance remains a “sacred obligation” to provide support in times of adversity.

“Insurance, at its core, is a promise, a sacred obligation to provide support in times of adversity, and in 2025, we honoured that promise,” he said.

He added that amid ongoing industry reforms, the company remains focused on strengthening underwriting discipline, improving claims efficiency, and building a more resilient business capable of delivering consistent value to customers and stakeholders.

Also speaking, Jolaolu Fakoya, Managing Director of emPLE Life Assurance Limited, said life insurance plays a critical role in providing financial reassurance to families during periods of loss.

“In Life Insurance, our role in providing reassurance in moments of uncertainty is close to our heart,” he said.

He cited examples of claims paid, including ₦112 million to the family of a 47-year-old breadwinner, ₦21 million to a bereaved mother, and ₦205 million to another family following the loss of a 55-year-old loved one.

Fakoya added that the company is focused on deepening insurance penetration by simplifying access, improving customer experience, and strengthening public trust in the value of insurance.

“This is to ensure more Nigerians understand the value of insurance and benefit from it when it matters most,” he said.

The company said the milestone reflects its continued growth and its commitment to transforming insurance from a transactional product into a reliable support system that enables individuals and businesses to face the future with confidence.

About emPLE

emPLE is a Nigerian insurance brand operating through emPLE General Insurance Limited and emPLE Life Assurance Limited, focused on delivering accessible protection solutions grounded in governance discipline, operational excellence, and sustainability principles.

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