Insurance Hub

The regulator of the insurance industry, the National Insurance Commission, has cancelled the Certificates of Registration of Niger Insurance Plc and Standard Alliance Insurance...

A red-hot inflation exacerbated by the war between Russia and Ukraine is worsening the outlook of insurers who will see mounting obligations to policyholders  and...

Only African Alliance Insurance Plc, AIICO Insurance Plc, and AXA Mansard Insurance Plc, out of the 16 companies listed on the NGX Insurance index...

AIICO Insurance Plc has forecast that profit would hit a record in the third quarter (Q3), thanks to improvement in the yield environment and...

Veritas Assurance Plc has incurred more expenses in generating premium income, an inefficiency that has resulted in deteriorating underwriting performance. The insurer’s combined ratio worsened...

Several insurers in Africa’s largest economy are exposed to fair value loss on investment due to exposure to upward move in yields that has...

Despite a challenging operating environment, Consolidated Hallmark Insurance Plc has posted record profit, thanks to impairment write backs and revenue growth as the insurer...

Leadway Assurance Company Limited, the largest insurer by assets in Africa’s largest economy has enough capital to pay off claims even in difficult business...

While insurers in Africa’s largest economy are honoring obligations to policyholders, most of them are paying out more money in claims than they are...

Allianz Nigeria has announced the appointment of Abiola Adekoya (Ms.) as the independent director in line with regulatory requirements for insurance operators in Nigeria. She...