Category: Insurance

Mutual Benefits Assurance pays ₦5.94bn claims in January 2026

Mutual Benefits Assurance has paid a total of N5.94bn in claims to policyholders in January...

Reps enrol press corps in FCT health insurance scheme

The House of Representatives has enrolled accredited journalists covering its proceedings into the Federal Capital...

PenCom okays gold receipts for pension funds investment

The National Pension Commission has unveiled a revised regulation that allows pension funds to gain...

FG raises insurance firms’ capital requirements by 500%

The Federal Government raised minimum capital requirements for insurance firms by 500 per cent, giving...

Insurance group call on women to key into AfCFTA opportunities

The Professional Insurance Ladies Association has called on women to key into the various opportunities...

NAICOM directs African Alliance Insurance to resolve pending customer claims

The National Insurance Commission, the key regulating authority for Nigeria’s insurance sector, has directed the...

Third-party insurance premium raises NLIP earnings to N1.79b

The overall premium earned by the Nigeria Liability Insurance Pool in 2023 increased by 51.6%...

Insurance sector’s gross premium surpass N1trn

The Nigerian insurance industry continued its progressive upward trend of market performance as at the...

NCRIB, Insurfeel Initiative collaborate on student insurance

The Lagos Area Committee of the Nigerian Council of Registered Insurance Brokers and the Insurfeel...

Leadway Assurance to launch new reporting protocol

The International Financial Reporting Standard is anticipated to be implemented very soon, according to Leadway...

Why West Africa’s insurance sector needs upgrade – Finance Minister

Nigeria’s Minister of Finance, Dr. Zainab Ahmed, has urged insurance stakeholders in West Africa to...

NSIA’s net assets hit N1.02trn – Report

The Nigerian Sovereign Investment Authority which oversees the country’s sovereign wealth fund released its audited...