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Monday, April 19, 2021
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CATEGORY

Insurance Hub

Leadway Assurance’s Assets Can Absorb Above Average Losses

Leadway Assurance Limited, the largest insurer in Africa’s largest economy by asset, total equity, and revenue can absorb above average losses as it has...

Leadway Assurance Maintains Leadership of Nigeria’s Insurance Industry

If Leadway Assurance Limited were a listed company, it would be the most capitalized insurer in Africa’s largest economy. Just as the lion is king...

Sunu Assurance Returns to Profit on Top Line Growth

Sunu Assurance Plc has surmounted the coronavirus crisis and difficult business environment as the insurer returned to profit on the back of strong growth...

Most Listed Insurers Have Capacity to Undertake New Policies

Listed insurers who operate in unfavorable underwriting environments have the capacity to underwrite new policies as their assets can cover liabilities for all claims...

AIICO Retains Top Spot as Largest Listed Insurer by Total Assets

AIICO Insurance Plc retains its position as the largest listed insurer by total assets, thanks to financial assets and cash/cash equivalent, which validates the...

Listed Insurers Make N92.71bn From Investment Securities in 2020

Insurance companies quoted on the Nigerian bourse are not feeling the pinch of an ultra-low interest environment as they made sizable income from investment...

Technically Insolvent Goldlink, Africa Alliance, International Energy Due For Takeover

Goldlink insurance Plc, African Alliance Plc, and International Energy Insurance Plc are technically insolvent as their total assets cannot cover liabilities, which means they...

Niger Insurance’s Recurring Loses Validates Sale of Asset to Bolster Cash-Flow

Niger Insurance Plc recurring losses caused by rising claims expenses has validated the strategic decision by management and board of directors to sell off...

Lasaco Assurance Profit Surges on Foreign Exchange Gains

Lasaco Assurance Plc has surmounted the coronavirus pandemic headwinds that paralyzed economic activities across the country as net income surged on the back of...

Universal Insurance Can Meet Obligations as Solvency Ratio Remains Strong at 165%

There are no threats to the going concern status of Universal Insurance Plc as the insurer has the capacity to meet its long-term financial...

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