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Insider Dealing: AIICO Insurance CEO Purchases 2.4 million Shares

The Managing Director and CEO of AIICO Insurance, Babatunde Fajemirokun has purchased 2,473,095 shares of the firm in what could be bullish bets that...

Niger Insurance Moves Board meeting to June 10

Niger Insurance Plc has written to the Nigerian Stock Exchange (NSE) to inform it, shareholders and other stakeholders of a revised Board meeting date. The...

NEM Insurance reports 16.34 percent premium growth as profits surge

NEM Insurance Nigeria Plc has significantly grown its underwriting book in the first-quarter of the year, reporting 16.34  growth in Gross premiums written as...

NAICOM may ask for extraordinary solvency tests due to Coronavirus -PWC

Tax and audit firm Pricewatercoopers has warned that there could be possibility of regulators asking for extraordinary solvency tests to ensure insurers in Africa’s...

AxA Mansard surmounts headwinds as profit margin surges

Despite the current market conditions and global macroeconomic uncertainties stoked by the coronavirus pandemic, AXA Mansard Insurance Plc has been able to bolster profit...

Zenith General Insurance profit jumps 16.45 percent on strong underwriting, lower costs

Zenith General Insurance Company Limited has recorded a 16.45 percent jump in profit to end the 2019 financial year, thanks to an efficient underwriting...

Linkage Assurance reports underwriting loss of N41 m in Q1 on oil/gas re-insurance expense

Linkage Assurance Plc has reported an underwriting loss of N41.17 million in March 2020 from a profit position of N716.70 million due to reinsurance expenses...

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