Policyholders will earn better return on investment – Cornerstone Insurance Plc

Cornerstone Insurance Plc has paid about N6.3 billion claims to policyholders who suffered insured risks in its 2017 financial year, a development that repositioned the customers to their financial positions before the incidents. Speaking at the 2017 yearly general meeting […]

Insurance Companies outline strategies for growth

INSURANCE penetration in Nigeria hovers around 0.5 per cent in 2008, dropped to 0.3 per cent in 2014; lower than the African average of 2.8 per cent last year. This points to the potential for growth inherent in the industry […]

The impact of Technology in insurance

The Group Managing Director, Cornerstone Insurance Plc, Mr. Ganiyu Musa, has said that there is a need for insurers to explore better distribution channels and technology to make insurance more accessible. He said this in a paper on: ‘Critical success […]

Insurers canvass NAICOM’s autonomy

CHIEFTAINS of the nation’s insurance industry have suggested the granting of full autonomy to the National Insurance Commission (NAICOM) similar to other regulatory authorities in the financial services sector to be able to deal with the increasing unethical practices in […]

Insurance sector points to rising capacity for growth

Insurance professionals have identified growth opportunities in the Nigerian insurance market and how the sector could impact on the overall economy if these opportunities are unlocked. This they said range from favourable demography supported by emerging middle class, rising unban […]