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Mutual Benefit Returns to Profitability as Combined Ratio Improves
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Mutual Benefit Assurance Plc is profitable again as the insurer is receiving more from premium than it is paying out in claims, which is...
Rising Interest Rates, Improved Underwriting Performance Spur AIICO Insurance to Growth
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AIICO Insurance Nigeria Plc is benefitting from rising interest rates that adds impetus to investment income as the insurer earns more in revenue than...
Insurance Industry Should Focus on SME Segment – Stakeholders
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The Nigerian insurance industry should increase its focus on the Small and Medium Sized Enterprises (SMEs) as they are pivotal to economic growth, according...
AIICO Reports 27.1% Growth in Gross Premiums to N69.5 billion for Q3 2022
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AIICO Insurance Plc has announced its unaudited results for the interim period ended 30 September 2022, showing a 27.1% growth in gross premiums to...
Coronation Insurance Plc to Host Webinar Event
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On Tuesday November 1st, 2022, Coronation Insurance Plc will be hosting our webinar themed "Importance of Insurance for SMEs: Insurance Requirements for a Growing...
Rising Operating Expenses Could Disrupt International Energy Insurance Claims Payment
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International Energy Insurance Plc is spending money unnecessary to the extent that it would not be able to attend to claims settlement as the...
Life Insurers’ Balance-Sheet to Remain Strong as Bond Yields Rise
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The balance sheet of Life insurers will be strengthened by rising bond yields amid an aggressive monetary tightening by the central bank that has...
Royal Exchange Reports Deteriorating Combined Ratio as Losses Pile
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Royal Exchange Plc, a financial services and insurance group, reported a deteriorating combined ratio for the first-half 2022, compared to the first-half 2021 as...
Elumelu Sees Retail Market, Innovation Driving Insurance Penetration
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…celebrates NCRIB at 60 years for professionalism
Tony O. Elumelu, CON, the Chairman of Heirs Holdings and founder of Tony Elumelu Foundation, believes that a...
Technology, Data Usage Pivotal to Deepening Insurance InclusionÂ
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Stakeholders have unanimously agreed that technology and the use of data will help deepen insurance inclusion in a country that lags peers across Sub-Saharan Africa in...