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Prestige Assurance’s Stronger Underwriting Performance Validates Earnings Growth
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Prestige Assurance Plc is making underwriting profit even amid an unfavorable macroeconomic environment as the insurer earns more in revenue than it is paying...
Prospering Amid the Pandemic: Leadway Assurance Posts Record Profit
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The coronavirus pandemic took a devastating toll on the global economy, and Nigeria was not spared the pang of a virus that killed millions...
Guinea Insurance Posts N227.67 million Loss on Rising Claims, Lower Revenue
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Guinea Insurance Plc is reeling from receding revenue as rising claims and lower investment returns means a loss is inevitable for the insurer, raising...
Leadway Assurance’s Assets Can Absorb Above Average Losses
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Leadway Assurance Limited, the largest insurer in Africa’s largest economy by asset, total equity, and revenue can absorb above average losses as it has...
Leadway Assurance Maintains Leadership of Nigeria’s Insurance Industry
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If Leadway Assurance Limited were a listed company, it would be the most capitalized insurer in Africa’s largest economy.
Just as the lion is king...
Sunu Assurance Returns to Profit on Top Line Growth
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Sunu Assurance Plc has surmounted the coronavirus crisis and difficult business environment as the insurer returned to profit on the back of strong growth...
Most Listed Insurers Have Capacity to Undertake New Policies
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Listed insurers who operate in unfavorable underwriting environments have the capacity to underwrite new policies as their assets can cover liabilities for all claims...
AIICO Retains Top Spot as Largest Listed Insurer by Total Assets
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AIICO Insurance Plc retains its position as the largest listed insurer by total assets, thanks to financial assets and cash/cash equivalent, which validates the...
Listed Insurers Make N92.71bn From Investment Securities in 2020
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Insurance companies quoted on the Nigerian bourse are not feeling the pinch of an ultra-low interest environment as they made sizable income from investment...
Technically Insolvent Goldlink, Africa Alliance, International Energy Due For Takeover
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Goldlink insurance Plc, African Alliance Plc, and International Energy Insurance Plc are technically insolvent as their total assets cannot cover liabilities, which means they...