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#Claims Settlement

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Insurance World

Universal Insurance Reaffirms Reliability with ₦1.35bn Q2 Claims Payout

Universal Insurance Plc, Nigeria’s top underwriter, said it has paid a total of ₦1.35billion in claims during the second quarter of 2026. This...

Insurance World

Sovereign Trust Insurance Pays Over N2.7bn in Claims H1 2026

BY NKECHI NAECHE-ESEZOBOR-Sovereign Trust Insurance Plc has paid over ₦2.7 billion in claims across its various business lines as of June 30, 2026....

Insurance World

Nigerian Insurance Industry Hits ₦2.3 Trillion Premium Milestone in 2025 – NIA

BY NKECHI NAECHE-ESEZOBOR—The Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed, has disclosed that Nigeria’s insurance industry recorded a historic Gross...

Insurance World

Enterprise Life Assurance Meets Full Regulatory Capital Requirements, Boosts Liquidity

BY NKECHI NAECHE-ESEZOBOR—Enterprise Life Assurance (Nigeria) Limited has announced the full remittance of its statutory deposit of N1 billion to the Central Bank...

Insurance World

KBL Insurance Settles N5bn Claims in 16 Months, Secures Investor Backing

KBL Insurance Limited has reinforced its standing as a dependable and customer-focused underwriting institution with the payment of over N5 billion in claims...

Insurance World

Consolidated Hallmark Pays N5.3bn claims in Four Months

BY NKECHI NAECHE-ESEZOBOR—Consolidated Hallmark Insurance Limited has paid over N5.3 billion in gross claims so far in 2026, reaffirming its unwavering commitment to...