Insurance Hub

….NEM, Mutual Benefit, AIICO, Leadway, Cornerstone records highest ROEs Most insurers are efficient in turning shareholders' investments into profit with high return on equity (ROE),...

...premiums written grows 28.7% to N31.7 billion AIICO Insurance Plc, has announced its unaudited results for the interim period ended 31 March 2023, showing growth...

Nigeria’s big insurers reported higher combined ratio for 2022 as high inflation, rising interest rates, and spiraling costs led to lower underwriting results as...

Heirs Insurance companies – Heirs General Insurance Limited (formerly Heirs Insurance Limited), and Heirs Life Assurance (HLA) - have announced appointments to their senior...

Leadway Assurance Limited, the largest insurer by revenue and total asset, continues to be well capitalised relative to risks taken, with most property solvency...

Leadway has become the first Nigerian company to cross 3-digit billion mark with Total premium collection of N104.4 billion of which Gross Written Premium...

Cornerstone Insurance Plc has been whipsawed by claims load and rising operating and underwriting expenses which squeezed profit, further validating the negative impact of...

Custodian Investment Plc will be rewarding owners of the company from distributable income as the company continues to magnify earnings amid a challenging environment. The...

While the most liquid and capitalised insurers are meeting their obligations to policyholders promptly, it appears scotching inflation has ballooned claims payments as their...

The most liquid and capitalised insurers in Africa’s most populous nation had their most profitable run since 2016, overcoming rising claims inflation emblematic of...