The Covid-19 pandemic is one of the largest economic loss events in history for companies and insurers alike. However, it’s not only the magnitude of...
AM Best insisted that Nigeria’s insurance market continues to present potential for significant growth and development considering the nation’s substantial oil and gas reserves, its...
By Sola Alabadan The National Insurance Commission (NAICOM) has completed a real-time digital platform to put the Nigerian insurance industry on the same pedestal with...
The African Risk Capacity (ARC), which has so far provided parametric disaster insurance products to countries in Africa, is set to expand its client base to...
Leadway Assurance Company Limited has unveiled the anniversary logo commemorating 50 years of providing exceptional service to Nigerians. The logo unveiling ceremony, was toned down...
In a new Best’s Market Segment Report, “Tough Operating Conditions Present Challenges for Sub-Saharan Reinsurance Markets”, AM Best notes that the operating environments across Sub-Saharan...
AIICO Insurance Plc has promised to continue to pursue its commitment to deepen insurance penetration, education and awareness in the country. Making the pledge during a...
Sovereign Trust Insurance plc recorded Gross Premium Written of N10.8billion representing a 3% increase over the N10.5billion recorded in 2018, in spite of the challenges...
Insurance giant Lloyd’s of London is expecting to pay out billions in claims sparked by Covid-19, as the cost of the pandemic surpassed many other...
AM Best‘s continued stable outlook on the global reinsurance industry is reflective of negative market forces, predominantly driven by the COVID-19 pandemic, social inflation and previous...