Insurance Hub

Insurers in Africa’s largest economy will become profitable with significant improvement in underwriting margins when they show more commitment to the retail business. It is...

The compulsory Group Life Policy introduced by the National Pension Commission (PenCom) and the continued growth in pension assets have bolstered the premium income...

It is obvious that the current climate is not benign because investment income has been lackluster and insufficient to provide much needed financial padding...

Directors of Niger Insurance Plc are drinking wine poured from a flagon into golden goblets as their emoluments and staff salaries exceed the revenue...

Leadway Assurance Plc is using its capacity to underwrite new policy as evidenced by a low net premium to policy surplus ratio, validating the...

A sharp reduction in claims expenses has resulted in improved underwriting results as the insurer is sanguine that the launch of innovative products will...

Insurers have been whipsawed by rising combined ratio, low yield environment, and mounting obligation amid inflationary pressures that sent profit falling for the first...

Listed insurers in Africa’s largest economy are facing inflationary pressures due to Naira’s weak performance against the Euro and Dollar making parts and materials...

Mutual Benefit Assurance Plc has posted a net loss of N3.46 billion for the third quarter of 2021, after incurring N5.51 billion net fair...

Custodian Investment Plc (a financial holding company) has reported an improved combined ratio of 73.33 percent in the third quarter of 2021 compared to...