How Sovereign Trust Insurance Plc built profit by 352% in Q3 2017

Sovereign Trust Insurance Plc has shown a consistent rise in its profitability after it recorded 352 per cent Profit After Tax (PAT) increase in third quarter (Q3) 2017. According to the firm’s Assistant General Manager, Corporate Communications/Brand Management, Segun Bankole, […]

Insurance Risk Expert receives honorary Doctorate Degree Award

Michael Okpara University of Agriculture, Umudike (MOUAU) in Abia State, has been slated to have an educational Research and Human Development Centre for Insurance, Risk Management and Human Development Studies. This was offered the university by the donor of the […]

Wow! See list of Judges for the Re-Insurance Awards

In an effort to come out with excellent results at the third Pan African Re/Insurance Journalism Awards April 2018 edition in Namibia, Continental Reinsurance Plc has announced judging panel that would overseen the entire process of the event. African Leading […]

AllCO Insurance Plc grows profit by 44% in 2017

Leading underwriting firm, AIICO Insurance Plc, said profit from its life business, which makes up 76 per cent of total claims recorded in 2016, grew by 44 per cent compared to 2016. This, the Chief Operating Officer, AIICO Insurance Plc, […]

Nigerian Senate moves to ensure mandatory health insurance for the poor

The Senate is reviewing the National Health Insurance Scheme (NHIS) Act to ensure that it is made mandatory for all Nigerians.The law making body is also working to ensure the subsidisation of premium for poor Nigerians who cannot afford to […]

Insurance firm pays policyholders N1.25billion as claims

In a bid to regain confidence in the nation’s insurance sector, Law Union & Rock Insurance (LUR) Plc, said over N1.25billion claims have been paid to its policyholders from January to this year till date. This was confirmed by the […]