Claims, Benefits Take The Spotlight In AIICO With N47.3bn Paid In 2021
Paying claims and benefits takes the spotlight when AIICO Insurance considers a variety of metrics when assessing the quality of...
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Swiss Re Secures Protection From Severe Underwriting Losses With Hybrid Capital
Swiss Re has secured a multi-year deal that has protection from severe underwriting losses for the financial years 2022-2026. The...
N22bn Pension Fraud: Supreme Court Affirms Six Year Prison For Federal Director Of Pension
The Supreme Court has sealed the six years prison term on a former Federal Director of Pensions, Mr John Yakubu,...
UNDP And Generali Partner On Digitally Enabled Parametric Insurance Solutions
The United Nations Development Programme (UNDP) has announced a partnership on parametric insurance development for the most vulnerable with global...
AIG Could Be First Major Insurer To Exclude Coverage For Russia And Ukraine
AIG, one of the world's biggest commercial insurers, is considering cutting cover for Russia and Ukraine, to shield itself from...
#EndSARS Reported Claims Go Past N40bn Mark
The figure on the reported claims from losses associated with #EndSARS has continued to rise time after time with the...
Allianz Nigeria Tells Nigerians It Cares With ‘Funeral Insurance Plan’ That Pays For Funeral Expenses
"Our goal is to actively seek feedback on a rolling basis from our customers and the market at large and...
Court Rules: “No Refund Of Money After Payment,” No Longer Applicable
Enugu State High Court sets aside policy of no refund of money after payment by service providers. The route to...
Sovereign Trust Grows 2021 Profit By 42%, GPW N12.7bn, Paid N3.7bn Claims
Surging ahead of myriads of challenges in 2021, Sovereign Trust Insurance Plc, put up a remarkable performance in the year...
Risk Based Supervision: May Set For Commencement
The National Insurance Commission (NAICOM) has set the end of April 2022 as the birth date to unveil Risk Based...
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