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Thursday, January 27, 2022
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Insurance Hub

NEM, Cornerstone, Mutual Benefit Were Best Insurers For Investors in 2021

It is good tidings that the insurance sector has ridden out of the coronavirus pandemic debacle that crippled economic activities throughout 2020. Interestingly, a stellar...

AXA Mansard Share Reconstruction Triggers Investors Apathy Towards Stock

AXA Mansard Plc share reconstruction triggered investor apathy towards the stock leaving it with the lowest performance in the past three years, a double...

Leadway Assurance Extends Agric-insurance to Support Farmers Affected by Cattle Encroachment

Leadway Assurance, one of Nigeria's leading insurers, has extended its flagship Agric-insurance cover to now cover crop farmers for losses incurred due to cattle...

African Alliance Records First Profit in Four Years

Africa Alliance Nigeria Plc has recorded its first profit since 2016 as accumulated losses in the balance sheet is responsible for negative shareholders’ funds...

NEM, Cornerstone Create Value for Shareholders than Peer Rivals

While the majority of firms have capitulated to unfavorable underwriting conditions, NEM Insurance Plc and Cornerstone Insurance are creating value for their shareholders as...

Investment in Retail Products Required to Bolster Insurers’ Margins

Insurers in Africa’s largest economy will become profitable with significant improvement in underwriting margins when they show more commitment to the retail business. It is...

Five Insurers’ Life Premium Income Hit N82.15bn on Compulsory Policy

The compulsory Group Life Policy introduced by the National Pension Commission (PenCom) and the continued growth in pension assets have bolstered the premium income...

Investments Insufficient to Help Insurers Offset Mounting Underwriting Losses

It is obvious that the current climate is not benign because investment income has been lackluster and insufficient to provide much needed financial padding...

Niger Insurance’s Directors’, Staff Pay Exceed Revenue as Losses Pile

Directors of Niger Insurance Plc are drinking wine poured from a flagon into golden goblets as their emoluments and staff salaries exceed the revenue...

Leadway Assurance Premium to Surplus Ratio Underpins Strong Underwriting Capacity 

Leadway Assurance Plc is using its capacity to underwrite new policy as evidenced by a low net premium to policy surplus ratio, validating the...

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