News
Nigeria’s Historic Floods And Insurance Industry’s Ultimate Acid Test
6+ hour, 10+ min ago (682+ words) As the waters slowly recede, they leave behind a secondary, equally daunting challenge. For Nigeria’s insurance sector, this historic deluge represents an unprecedented, high-stakes surge in claims filings—and the ultimate “acid test” of the industry’s financial and moral resilience....
HI 2026: STI Pays Over N2.7bn In Claims, Concludes Rights Issue
6+ hour, 23+ min ago (261+ words) LAGOS – Sovereign Trust Insurance Plc has reaffirmed its unwavering commitment to delivering on its promise to policyholders through the prompt settlement of genuine claims, maintaining its reputation as a dependable insurer in Nigeria’s dynamic insurance industry. As at June 30, 2026, the…...
Gov Otti Receives Insurance Industry Delegation, Pledges Collaboration
1+ mon, 1+ week ago (265+ words) The government of Abia State has played host to the National Insurance Commission (NAICOM) to foster a sustainable partnership mutually beneficial to both the state and the risk management sector of the Nigerian economy. The understanding was reached during a…...
2026 ‘Can-Do-It’ Almond Insurance Industry Awards Nomination Returns, Constitutes New Panel Of Judges
1+ mon, 3+ week ago (332+ words) Almond Productions Limited, Organizers of the annual Almond Insurance Industry Awards has announced a new and expanded panel of judges for the 2026 edition of the Awards as nominations in the various categories opens. Mr Ogunniran is also coming with a…...
NEM Insurance Announces N49.8bn Claims Settlement In 2025
1+ mon, 4+ week ago (333+ words) L-r: Idowu Semowo, Executive Director, Finance and Investment, NEM Insurance Plc; Ifunanya Iwuagwu, Company Secretary/Legal Adviser; Andrew Ikekhua, Managing Director/CEO, NEM Insurance Plc; Tope Smart, Group Chairman; Daphne Dafinone, Director, and Kelechi Okoro, Non-Executive Director, during the 56th annual…...
Edu: Insurance Industry Mourns A Titan
1+ mon, 4+ week ago (564+ words) The entire insurance industry on Friday, 15th May 2026 received a shocking news, the passing of Barr Rotimi Edu, former president of the Nigerian Council of Registered Insurance Brokers (NÇRIB) and one of its best, The news, which shockwave brought everyone having…...
Cornerstone Insurance Backs Lagos Flood Risk Transfer Scheme For Over 4mn Lagos Residents
2+ mon, 1+ day ago (351+ words) Cornerstone Insurance Plc has reaffirmed its commitment to strengthening climate resilience and expanding financial protection for vulnerable communities through its participation in the Lagos Flood Risk Transfer Scheme, an innovative flood insurance initiative expected to benefit approximately four million residents…...