Underwriters still battling to pay claims on Dana air crash

  Four years after a Lagos-bound Dana Air aircraft from Abuja, crashed into a two-storey building,…

Life Insurance firms plagued by huge claims payments

Some Life Insurance companies in 2016 paid huge net claims which gulped their net premium income,…

Leadway, AIICO, others get PenCom clearance to bid FG contracts

Matthew Otoijagha The National Pension Commission (PenCom) has issued compliance certificates to 353 companies to bid…

Large number of insurance firms post negative reserves

Matthew Otoijagha Twenty nine insurance companies have negative reserves a report by the Nigerian Insurers Association…

Underwriting firms spends N68.57bn for expansion

Some insurance companies have so far borrowed about N68.57 billion to support their operations, it has…

Only four States have insurance cover for workers

Matthew Otoijagha   Only four states in the country have complied with the compulsory Group Life…

Agusto report reveals poor performance of insurers’ investment portfolios

  Matthew Otoijagha The 2018 Nigerian Insurance Industry report by Agusto & Co. has revealed poor…

NILA, Law firm collaborate on insurance laws review

In partnership with the Nigerian Insurance Law Association (NILA), Adegboyega Adepegba & Co has concluded plans…

Insurance industry growth due to strict regulation-Kari

Matthew Otoijagha The Commissioner for Insurance, Alhaji Mohammed Kari, has said proper regulation of the Nigeria’s…

Struggling insurance firms made N572.43m income in 2016

Some insurance companies, numbering eleven (11) made just N572.43 million from their investments in 2016, according…

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