News
Losses in professional indemnity, accident and health and cyber lines deemed to be ‘credible’ real-world risks, LMA study finds Related StoriesDescartes rolls out parametric...
Insurance News
The Nigerian Senate has officially passed the 2024 Insurance Industry Reform Bill, a landmark development set to reshape the nation’s insurance sector. This legislative...
Insurance News
The National Insurance Commission (NAICOM) has reaffirmed its commitment to fostering a standardized, stable, and investor-friendly insurance industry in Nigeria. At its final board...
Business
Nigerian underwriter, Royal Exchange General Insurance Company, (REGIC), with a focus on general and special Risks has paid out N1.98 billion as claims settlements...
Business
The current regulatory regime requires reinsurers and insurers to meet a margin of solvency as well as a minimum amount of paid-up capital...
africa reinsurance corporation
The potential for growth in the African insurance market is huge, supported by rising economy, growing middleclass and huge population. Corneille Karekezi, GMD/CEO,...
Business
Equity Assurance Plc low profit margins accentuate the Insurance firms low market capitalization as analysts call for urgent recapitalization and consolidation of the...
Business
Insurance industry needs to design budget policies (under micro-insurance regulatory framework) that are accessible and affordable to the poor, vulnerable and the large...
