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NEM Insurance Plc

Insurance

NEM Insurance pays N8.4bn claims

By Asishana John The total gross claims paid by NEM Insurance Plc rose by 15 per cent to N8.4bn as of the end of 2020 from N7.3bn in 2019. The Chairman, NEM Insurance, Dr Fidelis Ayebaa, disclosed this during the…

NewsDirect
June 30, 2021

Story behind the figures

NEM: Stability in Q1 performance after 2020FY profit growth

NEM Insurance Plc kept operating momentum stable in the first quarter ended March 31, 2021 after an exceptional growth in full year ended December 31, 2020 in which profit more than doubled. Despite strong increases in claims and underwriting expenses…

NewsDirect
June 21, 2021