Insurance Hub

The Retiree Life Annuity (RLA) portfolio of Nigerian Insurers recorded a total of 83,917 contracts purchased for premium of N376.5 billion as at end...

In Nigeria it seems like it is easier for the donkey to pass through the eye of the needle than for an insurance company...

Despite the impacts of the Covid-19 pandemic, listed insurers in Africa’s largest economy earned more from premium income than they paid out in claims. Average...

In the last seven years, Nigerian insurers quoted on the bourse have collectively earned N657.18 billion in gross premium income, according to data compiled...

AIICO Insurance Plc is the largest listed insurer by premium income in Nigeria but spiraling change in life and annuity costs led to a...

Royal Exchange Plc has returned to the path of profitability, thanks to savings and efficiencies across insurance businesses that are expected to help drive...

As part of the resolutions passed at its 61st Annual General meeting, Wapic Insurance name will be changed to “CORONATION INSURANCE PLC”. The Memorandum and...

Royal Exchange has been recording recurring loses, which means shareholders will not be paid dividend because the such payment is usually made out of...

NEM Insurance Plc is receiving premium income more than it is paying out as claims, as the insurer has been recording underwriting profit in...

Standard Alliance Plc reported a 98.49 percent slump in profit, worsening the pains of an insurer that is struggling with recurring deteriorating revenue. For the...