Motorists urge NAICOM, Police to enforce payment of insurance claims in Nigeria
Motorists have called on the National Insurance Commission (NAICOM) and the Nigerian Police to extend the same enforcement measures and ...
Tag: Insurance claims
Insurance Sector: Nigeria’s galloping inflation to drive claim costs
As Nigeria sinks deeper into inflation on a virtually daily basis, economists are voicing palpable fears that the insurance industry ...
Insurance Sector: Nigeria’s galloping inflation to drive claim costs
The impact of high inflation on insurance companies is multifaceted, posing significant challenges to their operations, profitability, and long-term sustainability
Insurance firms report higher claim expenses as inflation, exchange rate bites
Claims paid out by Nigeria’s top insurance companies surged to N94 billion in the first 9 months of 2022.
