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Insurance recapitalization
Insurance World

Experts Knock Elumelu’s Recapitalisation Proposal

BY NKECHI NAECHE-ESEZOBOR—Experts in the Nigerian insurance industry have kicked against the recapitalization proposal suggested by the Chairman of Heirs Insurance Group, Mr....

Late Irukwu
Insurance World

Industry Stakeholders Bid Insurance Icon Joe Irukwu Farewell

BY NKECHI NAECHE-ESEZOBOR--The Commissioner for Insurance, Mr. Sunday Thomas, President of Chartered Insurance Institute of Nigeria/ Chairman Insurance Industry Consultative Council, Mr Edwin...

Insurance World

Insurers Delight Policyholders With N318.2billion Claims Payment In Q4’22, As Total Assets Hit N2.3trillion

BY NKECHI NAECHE-ESEZOBOR–Following improved underwriting capacity,  the Nigerian Insurance Industry has paid a total of N318.2billion as claims to policyholders as at the...

Insurance World

Insurance Industry Reports N726.2billion Gross Premium Income In Q4 2022

BY NKECHI NAECHE-ESEZOBOR–The Nigerian insurance industry generated a total of N726.2billion as gross premium income as at the end of fourth quarter of...

Insurance World

Insurance Industry Gross Claims Rose To N174.8 billion In Q2 2022

Sunday Thomas, NAICOM Boss BY NKECHI NAECHE-ESEZOBOR—The Nigerian industry industry paid a total of N174.8 billion as claims to policyholders in second quarter of...

Insurance World

NAICOM, NCDMB Unveil Guidelines On Submission Of Insurance Programme

BY NKECHI NAECHE-ESEZOBOR-The National Insurance Commission (NAICOM) in conjunction with Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday launched guidelines on submission...

Insurance World

Insurers, LASG Govt To Digitalise Occupier’s Liability Insurance

BY NKECHI NAECHE-ESEZOBOR–In a bid to ensure safety in public buildings across the state, the Lagos State Government through Lagos State Safety Commission...

Insurance World

African insurance firms urged to embrace digitization to curb fraud

African companies should collect and digitize their data with a view to ending fraud, improving product designs and offering tailored premiums, a Kenyan...

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