Heirs Insurance Group’s Niyi Onifade elected to governing council of the Nigerian Insurers Association
Heirs Life Assurance has been elected to the Governing Council of the Nigerian Insurers Association (NIA), following the Association’s 53rd ...
Tag: Nigerian Insurers Association
Insurtech Drive: Insurers eye N1 trillion gross premium in 2023 by leveraging tech
Nigeria's insurance companies are aiming to achieve over N1 trillion in gross premiums this year by leveraging technology to drive ...
Lagos, insurers move to enforce compulsory insurance on buildings
Lagos has commenced discussions with stakeholders on the enforcement of compulsory insurance on public buildings in the state.
Insurance industry rakes up N508 billion in premiums and pays N224 billion in claims in 2021- NIA
The insurance industry generated N508 billion gross premium in 2021, out of which N224 billion was paid as claims.
Stakeholders decry alarming rate of building collapse, restate need for effective building insurance
In reaction to the collapse of the 21-storey building in Ikoyi, stakeholders in the insurance industry have condemned the rising ...
Recapitalisation: Six insurance companies set to merge
In order to meet the new regulatory requirement set by NAICOM, six insurance companies have made known their plans to ...
Genuine motor insurance drops by 41.8% in 3 years
The number of motorists with genuine motor insurance covers in Nigeria has reduced by 41.86% from 4.3 million to 2.5 million ...
How fake motor insurance agents are killing insurance sector
Data obtained from the NIA has shown that the insurance sector loses about N192 billion yearly as a result of fake motor insurance agents.
AIO appoints NEM Insurance’s Tope Smart as Vice President
Tope Smart, the Chairman of Nigerian Insurers Association (NIA), has been appointed as the Vice President of the African Insurance ...
