African Alliance Insurance Plc., on Tuesday, said it had paid N6.65 billion as claims to its customers for the third quarter of the year. Brand,Media and Communications Manager, Mr Bankole Banjo, in a statement in Lagos, said Mrs Joyce Ojemudia,…
The Nigerian insurance industry is expanding and expects to exceed its projections as consumer confidence grows and operators adopt more technology. Previously, the industry’s growth prospects were hampered by low penetration levels due to a lack of priority and trust…
The Pension Fund Operators Association of Nigeria (PenOp) on Tuesday lauded the National Pension Commission (PenCom) for releasing guidelines to access equity for residential mortgage. A statement made available by PenOp’s spokesperson, Ms Olajumoke Akinwa, in Lagos described the policy…
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…
By Matthew Denis Abuja The National Pension Commission (PenCom) has approved guidelines on accessing Retirement Savings Account (RSA) balance towards payment of Equity Contribution for residential mortgage. This is contained in a Communique made available to Nigerian NewsDirect on Tuesday.…
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 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…
Leading thought leaders and C-Suite Executives from corporate organisations such as Microsoft Nigeria, Ecobank, Old Mutual, and AXA Mansard have confirmed participation in the upcoming Insurance Meets Tech (IMT) Conference 2022, scheduled to hold on Thursday, September 29th, 2022, in…
Sovereign Trust Insurance Plc recently said it designed its Enhanced Third Party Motor Insurance Policy, amongst other products, following its commitment to improve the lives of its insuring public. The Managing Director/Chief Executive Officer of the company, Mr Olaotan Soyinka,…
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…
