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Leadway Assurance Pays N3.50 billion Dividend
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Leadway Assurance Company Limited has rewarded owners of the business out of distributable profit with the payment of dividend, as the insurer continues to...
Leadway Assurance Reports Rise in Premiums as Underwriting Results Improve
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Leadway Assurance Company Limited, the largest insurer by total asset in Africa’s most populous nation, has reported a rise in premium written (GPW) for...
Currency Devaluation Boosts Sovereign Trust Premium IncomeÂ
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The widening gap between the spot and forward rates of the naira have boosted Sovereign Trust Insurance premium income as the insurer delivered improved...
AXA Mansard Combined Ratio Improves as Profit Slumps
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AXA Mansard, a firm that engages in the provision of life and general business risk management, has improved its combined ratio in the first...
AIICO Insurance Posts Record Profit Above N4 billion on Sale of Subsidiary  Â
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AIICO Insurance Plc made a profit of N4.73 billion in the first quarter 0f 2022, by far the best results in its history as...
NEM Insurance’s Combined Ratio Strengthens in Q1 as Net Premiums Rise
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NEM Insurance has reported an improvement in its combined ratio to 88.01 percent for the first quarter of 2022, as net premiums increased to almost N12 billion in the period.
The insurer’s...
Continental Reinsurance’s Profit Spikes on Commission Earned, FX Gains
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Continental Reinsurance Plc recorded strong growth in profit, thanks to commission earned under retrocession arrangement and foreign exchange gains as the insurer continues to launch...
AXA Mansard Needs to Shore up Solvency Capital to Minimize Risk
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AXA Mansard Insurance Plc needs to bolster solvency capital that will pave the way for the insurer to minimise risk amid financial obligations are...
Goldlink, International Energy, Staco, May Come Under NAICOM Sanctions Next
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Goldlink Insurance, International Energy Insurance Plc and Staco Insurance, may come under the hammer of the National Insurance Commission (NAICOM) next due to continued poor operating...
Heirs Holdings Insurers Report Profit in First Quarter of 2022
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Two Heirs Holdings insurers incorporated last year have hit the ground running as they maintained efficient underwriting capacity while posting profit even amid an...