26.2 C
Lagos
Tuesday, March 19, 2024
- Advertisement -spot_img

CATEGORY

Insurance Hub

IEI’s Accounting Shenanigan Mislead Investors

The management and board of directors of International Energy Insurance Plc (IEI) have to explain to investors and the regulatory authorities about some accounting...

Custodian Investment to File Financial Statements Earliest By June as Insurance Subsidiaries Await Audit

Custodian Investment Plc has notified its Shareholders and other stakeholders that the Company’s Audited Financial Statements (AFS) for the year ended December 31, 2023,...

Universal Profit Surges as Insurance Underwriting Improves

The underwriting performance of Universal Insurance Plc improved in 2023, with the insurer reporting improvement in full-year combined ratio. Of course, the earnings growth was...

Listed Insurers Post N454.55bn Premium Growth Despite Challenging Environment

Listed insurers in Africa’s most populous nation reported a climb in fourth quarter premium income, despite rising claims inflation, foreign exchange volatility, and constrained...

NEM Insurance Posts Blowout Profit on Fair Value, FX Gains

NEM Insurance has recorded blowout profit to end 2023 financial year, thanks to fair value gain and foreign exchange revaluation gains as the insurer...

Mutual Benefits Reports Gross Premium Growth of 33.12%

Mutual Benefits Assurance Plc, a general and life/underwriting insurer, has reported fourth-quarter 2023 gross premium written growth of 33.12 percent over the prior-year quarter,...

AXA Mansard Sees Revenues of N82.35bn as Key Segments Improve

AXA Mansard Insurance Plc had a strong fourth quarter to wrap up another fantastic year as the insurer reported full year 2023 total revenue...

Cornerstone Insurance Net Income Soars as Combined Ratio Hits 153.96%

Cornerstone Insurance Plc reported a Q4 net income of N15.70 billion, up a massive 518.11 percent compared with the same period of 2022. The firm’s...

Royal Exchange Turns a Profit on Africinvest Deal

Royal Exchange Plc has benefitted from the sale of one of its segments to Pan-African Asset Management Company AfricInvest as that helps it return...

Access Holdings Acquires Megatech Insurance Brokers Ltd

Access Holdings Plc says it has obtained all required regulatory approvals for the acquisition of Megatech Insurance Brokers Ltd, an insurance brokerage company licensed...

Latest news

- Advertisement -spot_img