Insurance Hub

Mutual Benefit Assurance Plc recorded a jump in profit while efficient underwriting capacity led to an improvement in combined ratio even amid the rout...

Nigeria Insurers are cutting down on their annuity business portfolio as a collapse in fixed income yields elevates the risks inherent in the hitherto...

Accumulative losses at African Alliance Insurance Plc rose 23.60 percent to N37.34 billion last year, as auditor Deloitte & Touche said the insurer’s ability...

AIICO Insurance, AXAMansard Insurance, NEM Insurance Plc, and Mutual Benefit Assurance Plc have helped to lift listed insurers premium income in the first quarter...

The Managing Director/Chief Executive Officer (CEO) of Aiico Insurance Plc, Babatunde Fajemirokun, has purchased 4.6 million new shares in the Insurance Company. The purchase was...

In general sense, Nigerian insurers are not making money for their shareholders as spiraling operating and claims expenses combined with weak revenue growth continues...

Niger Insurance is not generating enough revenue to cover bloated operating expenses as combined ratio is spiraling out of proportion, intensifying concerns about deteriorating...

Royal Exchange Nigeria Plc has capitulated to the harsh operating environment as its losses continue to pile, heightening concerns that the insurer may not...

AIICO Insurance Nigeria Plc has delivered better underwriting results as its profit surged even amid COVID-19 shocks that paralyzed economic activities across the country. The...

The proposed divestment from pension business will further support AIICO Insurance Nigeria Plc capital position amid the ongoing recapitalization exercise in the industry. According to...