Insurance

NAICOM sets January 2023 deadline for insurance firms

By Asishana John The Commissioner, National Insurance Commission, Mr Sunday Thomas, has said NAICOM will enforce full compliance with the International Financial Reporting Standards 17 on January 1, 2023. Thomas spoke while delivering his speech at the Insurance Director’s Conference…

Lagos lawmaker offers free health insurance

By Asishana John Member representing Surulere State Constituency 1, Desmond Elliot, has rolled out a free health insurance scheme for residents of Surulere Local Government Area of Lagos State. During the launch, the lawmaker said the programme, targeted at 1,000…

FBN Insurance settles N11.4bn claims

FBN Insurance Limited has said it paid out N11.4billion claims to its clients between January and September 2021. It said in a statement on Sunday that the claims paid during the period rose by 39 per cent when compared to…