Insurance Hub

Guinea Insurance Plc has posted a loss to end 2022 financial year, brought on by deteriorating underwriting performance as the insurer spent more on...

Universal Insurance Plc has remained resilient, overcoming unfavorable underwriting conditions as the insurer recorded profit growth, thanks to an improvement in revenue from oil...

International Energy Insurance (IEI) Plc is spending its way into the future as the technical insolvent insurer expends more money on operating expenses than...

AIICO Insurance Plc has maintained its position as Nigeria's biggest insurer when ranked by third quarter or nine months 2022 Gross Written Premium (GWP),...

The underwriting profit of insurers who are reeling from claims inflation have slumped, no thanks to a rise in fixed income yields that resulted...

The National Insurance Commission (NAICOM) has raised Third-Party insurance coverage for motorists from N5,000 to N15,000 yearly with effect from January 2023. The approval is...

While the year 2022 was a favourable year for financial markets, investors in consumer goods and Insurance stocks have come up short as they...

The enforcement of Group Life Insurance and annuity business have continued to add impetus to the revenue of life insurers as investors wager that...

Lasaco Assurance's consistent solvency ratio growth in the last four years indicates that the insurer has the financial strength to absorb all claims and...

The average combined ratio of 15 top insurers in Africa’s largest economy stood at 104.47 percent in the third quarter of 2022, MoneyCentral calculations. The...