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NEM INSURANCE

Nigeria’s top listed insurance firms are in the middle of what could be described as their most profitable period in over a decade, buoyed by a mix of rising interest rates, regulatory enforcement, and smart investment allocation. 
NEM Insurance has been on a strong rally this year, closing at N13.20 per share on Friday, February...
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Leading insurance companies in Nigeria disbursed N40.439 billion in claims during the first quarter of 2024, compared to N33.869 billion in the same period of 2023, reflecting a growth of 19.40%.  
Shareholders of NEM Insurance Plc have approved a dividend of N3.009 billion dividend recommended by the Board of Directors for the 2023 financial year.
Leading insurance companies in Nigeria paid N141.761 billion in claims in the financial year of 2023, compared to N120.563 billion in 2022, representing a growth of 17.58%. 
Women empowerment has become a matter of serious concern to well-meaning individuals and responsible corporate entities in Africa, as a result of the critical roles the female gender plays in the society.
Since its listing on the NGX in 1990, NEM Insurance has exhibited significant growth in its share price. 
The Board of NEM Insurance Plc has appointed Mr. Idowu Semowo as the Executive Director of Finance and Investment of the company.
The Board of Directors of NEM Insurance Plc has announced the appointment of Mr. Andrew Ikekhua as the Managing Director/Chief Executive Officer of the company.
In the first half of 2023, Nigeria's leading insurance firms grappled with a surge in net claims payments, amounting to N49.158 billion.
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