Quoted insurance firms seek N142.13bn capital raise
Twenty four out of the 25 listed insurance companies in Nigeria require the sum of N142.13 billion to meet the new capital requirement
NAICOM approves two new takaful insurance firms for take off
The National Insurance Commission (NAICOM) has granted approval in principle (AIP) to two new firms. A statement issued by Rasaaq
New capitalisation rules set to hand over insurance sector to foreign investors
The new minimum capitalisation policy for insurance companies set by the the National Insurance Commission (NAICOM), and the
Echoes of farm insurance at brokers’ conference
Insurance brokers in the country had their national conference on Thursday, October 18. As usual the conference brought to fore sundry
Farm insurance
Sometime ago, an insurance broker advised a retiree, who just got into farming to insure his fish pond and poultry. The retiree saw
Fidelity Guarantee insurance for individuals
Fidelity Guarantee insurance is an insurance policy designed to protect the policyholder against the loss of money or property
The insurance world
In my interactions, I have found out that the average Nigerian, including very educated people, have a shallow understanding of how
Claims procedure
The main reason individuals and corporate bodies take up insurance is that if the peril insured against occurs, they would be restored
The burden of insurance stocks
The insurance sub-sector of the Nigerian financial services industry is overwhelmed by many challenges, including narrow product