Insurance Claims Climb to ₦724.5bn in Q4 2025
Abuja: The Insurance Market Performance Report says the insurance industry recorded a spike in its gross claims, hitting N725 billion in the fourth quarter of 2025. The report, released in…
Abuja: The Insurance Market Performance Report says the insurance industry recorded a spike in its gross claims, hitting N725 billion in the fourth quarter of 2025. The report, released in…
Lagos: The National Insurance Commission (NAICOM) says 20 insurers have applied for verification under the recapitalisation exercise. The July 31 deadline stands. Mr Olusegun Omosehin, NAICOM Commissioner for Insurance and…
Lagos: Sovereign Trust Insurance Plc has confirmed the appointment of Dr. Lucas Durojaiye as its new Managing Director (MD), following the retirement of Mr. Olaotan Soyinka, who stepped down after…
Lagos (Nigeria): The Nigerian Council of Registered Insurance Brokers (NCRIB) has projected that Nigeria’s insurance penetration could reach three per cent within the next three years. The Council attributed this…
Lagos (Nigeria): The Nigerian Council of Registered Insurance Brokers (NCRIB) has expressed its commitment to supporting initiatives that promote fintech adoption and financial inclusion in the country. Mr Babatunde Oguntade,…