Insurance Hub

The underwriting profit of insurers who are reeling from claims inflation have slumped, no thanks to a rise in fixed income yields that resulted...

The National Insurance Commission (NAICOM) has raised Third-Party insurance coverage for motorists from N5,000 to N15,000 yearly with effect from January 2023. The approval is...

While the year 2022 was a favourable year for financial markets, investors in consumer goods and Insurance stocks have come up short as they...

The enforcement of Group Life Insurance and annuity business have continued to add impetus to the revenue of life insurers as investors wager that...

Lasaco Assurance's consistent solvency ratio growth in the last four years indicates that the insurer has the financial strength to absorb all claims and...

The average combined ratio of 15 top insurers in Africa’s largest economy stood at 104.47 percent in the third quarter of 2022, MoneyCentral calculations. The...

Analysis of the distribution of RSA registrations across Pension Fund Administrators (PFAs) in the third quarter 2022, revealed that Stanbic IBTC continued to maintain...

NEM Insurance Plc has reported strong profit, with balance sheet strength and underwriting focus putting it in a position to weather macroeconomic headwinds. The firm...

In the last eight years, insurers who are nimble to park their money in fixed income securities to enjoy juicy yields have generated N220.61...

The management of Mutual Benefit Assurance Plc, NEM Insurance Plc, and AIICO Insurance Plc are pulling the right levers to improve efficiency as they...