By Asishana John A set of retirees under the Contributory Pension Scheme (CPS) wishing to earn pensions for life has put down N474.1 billion premium with life insurance companies offering retiree life annuity. Retirees bet N474bn in payment for life…
By Asishana John LASACO Assuran ce Plc has reported 11 per cent increase in its total assets despite the challenging operating environment in the country, In the financial report, the insurer declared N10.94billion gross premium written (GPW) in the year…
By Asishana John The Asset Management Corporation of Nigeria (AMCON) is still holding tight the Management of NICON Insurance and Nigeria Reinsurance. This follows Hon. Justice A. R. Mohammed of Federal High Court Abuja Division on order on Monday that…
By Asishana John AIICO Insurance Plc, launched the ELLA; a dedicated instant messaging service with built-in features that help customers make instant purchase or renewal of policies in continuation of its innovations to further brighten its market opportunities through quality…
By Asishana John There is a need for insurance operators to embrace prompt payment of claims to retain public trust and ensure the sector contributes optimally to economic growth. This was the submission of the chairman of the Capital Express…
By Asishana John Stakeholders in the insurance industry across the African market are to gain an economic value chain as Nigeria is set to host the 47th yearly African Insurers Organisation (AIO) Conference and General Assembly in Lagos from September…
By Asishana John The National Insurance Commission (NAICOM), has rolled out various strategic plans aimed at bringing into insurance net, over 10million informal sector operators. These include Nano, Micro, Small and Medium Enterprises’ owners across all sectors of the economic.…
By Asishana John The challenges faced by businesses due to the different devastating happenings in 2020, Anchor Insurance Company Limited has announced that it achieved a gross written premium of N6.8bn at the end of the year as against the…
Mutual Benefits Assurance Plc has reported a N19.98 billion gross premium written generated in 2020. The figure represents 7 per cent growth over N18.70 billion it earned in 2019. The Chairman of the Company, Dr. Akin Ogunbiyi, disclosed this at…
By Asishana John With Gross Premium Written (GPW) of N3.98 billion, in 2020, representing a year-on-year growth rate of 13 per cent during the corresponding period of 2019, Unitrust Insurance Company Limited, said it has course to roll out drums…
