NDIC increases maximum Deposit Insurance Corporation for DMBs, MFBs , PMBs

NDIC increases maximum Deposit Insurance Corporation for DMBs, MFBs , PMBs CHIGOZIE AMADI The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage...

Insurance Sector: Tasks Before Omosehin

As Olusegun Omosehin steps in as the new Commissioner for  insurance, operators and stakeholders have urged him to roll his sleeves for the enormous...

Consolidated Hallmark Insurance reels out growth strategies, harps on better service delivery

.As Company bags Champion Newspapers’ 2023 Insurance Company of the Year Award .Honour is home recognition, says Eddie Efekoha CHIGOZIE AMADI Group Chief Executive Officer, Consolidated Hallmark...

Experts Predict Insurance Sector to Maintain 15% Annual Growth via Product Innovation, AI Adoption

Following the attainment of a N1 trillion premium income mark  by the insurance sector in the fourth quarter of 2023, insurance sector operators have...

NDIC Asks EFCC to Return Funds Recovered from Banks’ Fraudsters

The Nigeria Deposit Insurance Corporation (NDIC) has requested the Economic and Financial Crimes Commission (EFCC), to return funds recovered from banks’ fraudsters to the...

Access Holdings acquires Megatech Insurance Brokers

Access Holdings Plc said it has obtained all required regulatory approvals to acquire Megatech Insurance Brokers Ltd. Megatech is an insurance brokerage company licensed by...

AXA Mansard gets award

Insurance and asset management firm, AXA Mansard, has been recognised as the General Insurance Company of the Year at the 2023 Almond Insurance Industry...

AIICO Insurance celebrates 60 years, lauds customers, staff resilience

AIICO Insurance management and staff celebrating 60th anniversary of the insurance company in Lagos Lagos, Dec. 13, 2023 (NAN) AIICO Insurance Plc, has commemorated its...

Q3 GDP Report: Economist Raises Concerns, Pushes for Realism in Reporting

The insurance sector in Q3 2023 grew its gross premium written for non-life and life businesses to N729.1 billion. When compared with overall performance of...

NDIC backs recapitalization of banks, says Nigeria needs bigger banks for $1trn economy

.Reaches advanced stage in review of maximum deposits insurance Nigeria Deposit Insurance Corporation (NDIC) has backed the Central Bank of Nigeria's (CBN) proposed recapitalisation of...
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