Insurance Industry Archives

Insurance industry grew by 16.99% in Q3 - NBS

AIICO, AXA account for 61% of ₦288bn insurance claims in 2025

Top insurance companies listed on the Nigerian Exchange paid a combined N288.85 billion in claims in 2025, reflecting a significant 38.17 per cent year-on-year increase compared to the N209.05 billion recorded in 2024. AIICO Insurance and AXA Mansard together accounted for over 61 per cent of total claims paid. The data, compiled by the Nairametrics […]

aadelekepdnlimited-com
25th April 2026
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Business

Prestige Assurance’s H1 profit falls 81% on cost pressures

Prestige Assurance Plc, a non-life insurer with over 70 years of experience in Nigeria, has posted its weakest first-half after-tax profit in six years. The company’s after-tax profit for H1 2025 came in at N519 million, an 81 per cent fall compared to N2.78 billion in the prior period. Despite a solid 32 per cent […]

aadelekepdnlimited-com
18th September 2025
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Insurance industry grew by 16.99% in Q3 – NBS

Nigeria’s insurance industry grew by 16.99 percent in the third quarter of the fiscal year 2023. The Punch reported that this was made clear in the National Bureau of Statistics’ third-quarter report on the nation’s gross domestic product, which covered finance and insurance. According to the statement, “The finance and insurance sector is made up of […]

bfatoyepdnlimited-com
4th December 2023
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168 Views

EFCC arraigns Metro Digital over illegal Multichoice content

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EFCC arraigns Metro Digital over illegal Multichoice content broadcast

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Tag: Insurance Industry

AIICO, AXA account for 61% of ₦288bn insurance claims in 2025

Prestige Assurance’s H1 profit falls 81% on cost pressures

Insurance industry grew by 16.99% in Q3 – NBS

EFCC arraigns Metro Digital over illegal Multichoice content.

Dangote Refinery raises petrol price to ₦1350/litre

UBA, Redtech, MoMo launch cardless payment partnership nationwide

FG rules out fuel subsidy return, backs market.

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