Tag: insurance
Best’s Market Segment Report: Sub-Saharan Africa’s Reinsurers Resilient Amid A Complex...
The underwriting results of sub-Saharan Africa’s reinsurers have continued their trend of year-on-year improvement, benefitting from robust pricing actions on loss-affected lines of business,...
How insurers can grow, expand insurance market – Commissioner
The Commissioner for Insurance, Mr Olusegun Omosehin, on Thursday charged insurance practitioners to develop a range of new skills and orientation, to meet the...
Kaduna pensioners to benefit from health insurance scheme
The Kaduna State Contributory Health Management Authority (KADCHMA) and the state chapter of the Nigerian Union of Pensioners (NUP), have signed a Memorandum of...
Gombe enrols 1,000 non-formal school children into health insurance scheme
The Gombe State Contributory Healthcare Management Agency (GoHealth), has enrolled 1,000 non formal school children into the scheme.
The children otherwise called “Almajiri” in northern...
Lawmaker hails Adeleke on free health insurance for PLWD
Rep. Bamidele Salam (PDP-Osun) has commended Gov. Ademola Adeleke for approving free health enrollment for all Persons Living with Disabilities (PLwD) in the state’s...
NAICOM boss affirms insurance sector’s commitment to grow $1trn economy
The National Insurance Commission (NAICOM) on Tuesday affirmed its commitment to align the insurance sector with the Renewed Hope Agenda of President Bola Tinubu.
Mr...
NAICOM unveils portal to resolve complaints on insurance
The National Insurance Commission (NAICOM) has unveiled a complaint management portal to ensure swift resolution of all complaints on insurance related issues
NAICOM in a...
600 PwDs benefited from health Insurance package – Lalu
The National Commission for Persons with Disabilities (NCPWD) says no fewer than 600 PwDs have benefited from the pilot programme of its health Insurance...
Heart attack, stroke and cancer account for 60% of life insurance...
Key highlights:
Claims for living benefits surpassed life insurance claims for the first time, amounting to 56% of the total claims, a 6% increase compared...
NDIC, NJI partner on judiciary deposit insurance training
The Nigeria Deposit Insurance Corporation (NDIC) says building strong depositors’ confidence in banks and other financial institutions will ensure continuous safety and soundness in...
Maternal health: Dilemma of health insurance enrollees
Pregnant Rukayat Olapade experienced persistent stomach pains and loss of appetite. Worried about them and relying on her health insurance with AXA Mansard, 31-year-old...
NDIC increases maximum deposit insurance coverage for failed banks
The Nigeria Deposit Insurance Corporation (NDIC), has reviewed upward the maximum deposit insurance coverage for depositors of all licenced deposit taking financial institutions in...
Sanlam Life Insurance restates commitment to delivering excellent services
Sanlam Life Insurance Nigeria Ltd., formerly FBNInsurance, has reiterated its commitment to delivering best-in-class services to its teeming customers in 2023.
The Managing Director of...
NAICOM raises Third Party Vehicle Insurance from N5,000 to N15,000
The National Insurance Commission (NAICOM) has raised Third Party insurance cover for motorists from N5,000 to N15,000 yearly with effect from January 2023.
The approval...
Standard & Poor’s assigns Tawuniya an “A-” rating; outlook “stable”
Riyadh, Saudi Arabia - Standard & Poor's Global Rating Agency has assigned Tawuniya Insurance Company an "A-" rating and outlook "stable", which is one...
NAICOM develops tech to check fake insurance certificates
The National Insurance Commission (NAICOM) has developed a technology for verifying insurance policies, with a view to weeding the industry of fake insurance.
The Commissioner...
Farm Loss: 40 million farmers get NAIC reprieve
The Nigerian Agricultural Insurance Corporation (NAIC) says it is partnering with All Farmers Association of Nigeria (AFAN) to insure over 40 million farmers across...
