Insurance Hub

Insurers in Africa’s largest economy have ceded about N108.90 billion to the reinsurance markets in 2020, representing 34.36 percent of direct premiums income for...

It is surprising that only 72.47 percent of the 22 listed insurers have not met the minimum capital requirement even as the second phase...

Universal Insurance Plc is using its resources to drive top-line growth and it has the ability to pay out claims when unforeseen events occur...

AIICO Insurance has retained its place as the country’s largest insurance company by revenue when ranked by half-year 2021 gross premiums income, following growth of 18.45 percent during the...

Listed insurers’ investment income has slumped for the first time in five years despite the gradual increases in bond yields since December 2020, which...

Average returns on equity (ROE) across a group of life and non-life insurance firms have tumbled materially, according to calculations by MoneyCentral. It’s been clear...

A significant spike in interest rate in the first half of year has pressured profits of the largest listed insurers who have incurred record...

For two consecutive quarters NEM Insurance Plc has maintained the number spot as the insurer with the strongest return on average equity (ROAE).With an...

Leadway Assurance remains the largest insurer by total asset in Africa’s largest economy, as it has a solid balance sheet to undertake big ticket...

Insurers’ premium incomes are increasing without such corresponding increases in shareholders’ fund or policyholder surplus, which means the capacity to underwrite new policies are...