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Listed Nigeria Insurers Record N1.72trn Premium Income in Six Years

Between 2017 and 2022, listed insurers in Africa’s largest economy earned total gross premium income of N1.72 trillion as they have remained resilient amid...

35% of Insurers Won’t pay Dividend Due to Negative Reserves

Thirty five percent of the most liquid and capitalised insurers are not paying dividends to their shareholders, which validates investor apathy towards the listed...

AXA Mansard’s Premium Income From Oil and Energy Hits N14.72bn

AXA Mansard Plc has realised N14.72 billion premium income from oil and gas segment as at December 2022, even as net income slumped on...

This Loss Making Insurer’s Stock is up 260% So Far in 2023

International Energy Insurance Plc (IEI) stock is up a whopping 260% in the year 2023, making the Insurer, the best performer on the Nigerian Exchange...

Linkage Assurance’s 268% Solvency Ratio Validates Financial Strength

Linkage Assurance Plc can meet its obligations to beneficiaries and policy holders, which validates a good financial strength as an increase in investment income...

AIICO Insurance Underwriting Result Improves as Rising Yields Lift Profit

AIICO Insurance Plc has reported improved underwriting performance amid a challenging environment, driven by better results in its Life and Non-Life business as rising...

Guinea Insurance N23.15m Loss Validates Deteriorating Underwriting Performance

Guinea Insurance Plc has posted a loss to end 2022 financial year, brought on by deteriorating underwriting performance as the insurer spent more on...

Universal Insurance’s Net Income Improves on Growth in Oil and Gas Revenue

Universal Insurance Plc has remained resilient, overcoming unfavorable underwriting conditions as the insurer recorded profit growth, thanks to an improvement in revenue from oil...

IEI’s Huge Expense Ratio Calls for Cost Reduction Measures

International Energy Insurance (IEI) Plc is spending its way into the future as the technical insolvent insurer expends more money on operating expenses than...

These Are the Top 10 Nigerian Insurers by Gross Premiums (Sep 2022)

AIICO Insurance Plc has maintained its position as Nigeria's biggest insurer when ranked by third quarter or nine months 2022 Gross Written Premium (GWP),...

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