Business Insurance

African Alliance paid N7.6bn claims in 2021, says MD

Reading Time: 3 minutes Image Credits: NAN Photos. In picture above: Mr Tunde Ogungbade , Deputy President , NCRIB ,Mr Rotimi Edu , President NCRIB, Mrs Joyce Ojemudia , MD /CEO African Alliance at the NCRIB ‘s Member Evening in Lagos. NAN Photos African Alliance Insurance paid claims of more than N7.59 billion to its customers in 2021.This figure, Read More…

Business Insurance Top Story

Insurance companies pay N4bn #EndSARS claims – NIA

Reading Time: 2 minutes The Nigerian Insurers Association (NIA) said insurance companies paid N4 billion as claims arising from over 2,000 businesses affected by the #EndSARS protests. Mr Ganiyu Musa, Chairman, NIA, disclosed this at a news conference in Lagos on Thursday. Musa also assured customers that all genuine claims emanating from the protests would be paid. He said Read More…

Aviation Business Featured Insurance

Emirates Offers World’s First Multi-Risk Travel Protection Coverage- up to $500,000

Reading Time: 3 minutes Emirates customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest industry-first initiative to provide expanded, multi-risk travel cover on top of its current COVID-19 cover. Provided by Emirates at no additional cost to its customers, and provided by AIG Travel, this cover is the Read More…

Business Featured Insurance

PenCom, NAICOM sign MoU

Reading Time: < 1 minutes Image Credits: NAICOM. The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) on Tuesday signed a Memorandum of Understanding (MoU) to revise regulation on Retiree Life Annuity and guidelines on Group life Insurance policy. Mr Peter Aghahowa, Head, Corporate Communications Department, PenCom said in a statement that the regulation was for employees and Read More…