Insurance

PTAD reiterates commitment to pensioners’ welfare

Executive Secretary of Pension Transitional Arrangement of Directorate (PTAD), Dr Chioma Ejikeme, has reiterated the agency’s commitment to pensioners’ welfare. Ejikeme said this during the flag-off of the 2022 Customer Service Week in Abuja on Tuesday. Ejikeme, who was represented…

FBN Insurance rebrands to Sanlam

FBN Insurance has rebranded to Sanlam Life Insurance Nigeria Limited. Sanlam, a non-banking financial services company, announced the launch of its brand in the Nigerian market during an event in Lagos. It stated that the move supported Sanlam’s strategy to…

Sovereign Trust Insurance pays N1.5bn claims

Sovereign Trust Insurance Plc on Monday said it paid claims of N1. 597 billion in the first half of 2022 to various clients across the country. Mr Segun Bankole, Head of Corporate Communications and Investor Relations of the company, said…

Anchor Insurance grows premium by 54% to N10.4bn

Anchor Insurance Company has posted a Gross Written Premium (GPW) of N10.4 billion for 2021 financial year, as against N6.8billion recorded in 2020. Mr Elijah Akpan, Chairman of the company said this at the insurers’ Annual General Meeting (AGM) in…

FG directs NAICOM to deepen insurance penetration

The Federal Government has directed the National Insurance Commission (NAICOM) to deepen insurance penetration by making insurance companies develop new insurance products and policies. Minister of Finance, Budget and National Planning Mrs Zainab Ahmed gave the directive in Abuja yesterday…