CATEGORY
Insurance Hub
These Sixteen Insurers are Yet to Meet Minimum Capital Requirements
Editor -
It is surprising that only 72.47 percent of the 22 listed insurers have not met the minimum capital requirement even as the second phase...
Universal Insurance Expense Ratio Improves as Solvency Margins hit 160%
Editor -
Universal Insurance Plc is using its resources to drive top-line growth and it has the ability to pay out claims when unforeseen events occur...
AIICO Insurance Tops List of Nigeria’s Largest Listed Insurers by Premiums
Editor -
AIICO Insurance has retained its place as the country’s largest insurance company by revenue when ranked by half-year 2021 gross premiums income, following growth of 18.45 percent during the...
Insurers’ investment Income Wanes for First Time in 5 years
Editor -
Listed insurers’ investment income has slumped for the first time in five years despite the gradual increases in bond yields since December 2020, which...
Insurers Return on Average Equity Tumbles in Half Year
Editor -
Average returns on equity (ROE) across a group of life and non-life insurance firms have tumbled materially, according to calculations by MoneyCentral.
It’s been clear...
Soaring Bond Yields Pressure Insurers’ Profit as Fair Value Losses Pile
Editor -
A significant spike in interest rate in the first half of year has pressured profits of the largest listed insurers who have incurred record...
NEM Insurance has Strongest ROE Among Listed Peers in H1
Editor -
For two consecutive quarters NEM Insurance Plc has maintained the number spot as the insurer with the strongest return on average equity (ROAE).
With an...
Here are the Top-10 Nigerian Insurers by Total AssetsÂ
Editor -
Leadway Assurance remains the largest insurer by total asset in Africa’s largest economy, as it has a solid balance sheet to undertake big ticket...
Insurers’ Capacity to Underwrite New Policies Decreasing
Editor -
Insurers’ premium incomes are increasing without such corresponding increases in shareholders’ fund or policyholder surplus, which means the capacity to underwrite new policies are...
Rising Claims Cast Shadow over Insurers Second Half Profit
Editor -
Mounting obligations stirred up by the ENDSARs protests that led to the disruption of properties combined with inflationary pressures and currency devaluation have cast...