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Friday, April 26, 2024
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FBNInsurance Now Sanlam Insurance Nigeria

FBNInsurance has completed its rebranding project to be known as Sanlam Life Insurance Ltd following Sanlam’s take up of 100 percent shareholding in FBNInsurance. Sanlam,...

IMT 2022 Will be Nigeria’s First Conference to Stream on 5G Internet Broadband

…as more industry captains and brands confirm participation at the insurtech conference MTN Nigeria, a subsidiary of MTN Group Limited and Nigeria's most prominent mobile...

Insurers Incur N130.15bn Reinsurance Expenses in 2021

The largest insurers in Africa’s most populous nation have collectively incurred N130.81 billion in reinsurance expenses in 2021 as they continue to limit their...

Insurers Profit Surge Amid Poor Underwriting Performance

Insurers in Africa’s largest economy have recorded advancement in profit even amid rising operating expenses and mounting obligations that underscores deteriorating underwriting results. The combined...

How Nigerian Insurance Companies are Leveraging Insurtech Apps

If there is a nagging challenge in the Nigerian Insurance industry that need to be urgently addressed, it is unarguably that of the inability...

Higher Inflation Pushes Insurers’ Claims Cost to N59.60bn

Insurers in Africa's largest economy are facing mounting obligations to policyholders as inflationary pressure on claims cost continues to erode profitability. Investigations by MoneyCentral show...

LASACO, Linkage Assurance, Veritas, Cornerstone are Best Insurance Dividend Stocks Now 

Lasaco Assurance Plc, Linkage Assurance Plc, Veritas Insurance Plc, and Cornerstone Insurance, are the best insurance dividend paying stocks so far, but sector players’...

Insurers Oil & Gas Premiums Jump 28.17% on Currency Devaluation

The premiums earned by Nigerian insurers on oil and gas projects have surged on the back of devaluation of the naira currency as insurers rebounded from the pandemic shock. Data gathered...

AIICCO, NEM, Mutual Assurance, Regency, are Most Efficient Insurers

AIICO Insurance Plc, NEM Insurance Plc, Mutual Benefit Assurance, and Regency Assurance are the most efficient and profitable insurers in Africa’s largest economy as...

Insurers Underwriting Margins Under Pressure Amid Rising Inflation

Insurers’ expense ratio and underwriting margin have deteriorated as red-hot inflation balloons obligation to policyholders in a country where businesses are reeling from spiraling...

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