Insurance Hub

Prestige Assurance Plc reported first quarter (Q1) earnings that trounced analysts’ expectations as profit surged on the back of reduction in operating and claims...

The largest Nigerian insurers are leveraging innovative products to magnify revenue, but the country’s penetration rate is still one of the lowest in the...

FBN Insurance Limited stellar performance once again reinforces its strong earning capacity and robust capital base, which has put the insurer in a better...

Insurers in Africa’s largest economy are expending more on claims to generate premium income, as business interruption caused by the coronavirus pandemic exposes the...

Niger Insurance Plc says they were unable to submit the Company’s 2019 Audited Financial Statements (“AFS”) to the Nigerian Stock Exchange (NSE) by May...

Prestige Assurance Plc, an Insurance firm listed on the Nigerian Stock Exchange (NSE), is proposing Bonus shares in the ratio of 2 new shares...

Cornerstone Insurance Nigeria Plc returned to profit in March, driven by realized gains on foreign exchange, but obligation to policy holders are mounting, raising...

Wapic Insurance Nigeria Plc is spending more in acquiring, underwriting, and servicing premium income, raising concerns about the underwriters’ cost control mechanism. For instance, expense...

Leadway Assurance Limited showed it is still the most profitable and efficient insurer in Nigeria and met obligations to policy makers despite stuttering economic...

A foreign exchange translation difference on Deawoo loans help tipped Sunu Assurance Nigeria Plc into a loss position even though the insurer recorded strong...