Archives for INSURANCE - Page 97
AIICO Insurance seeks approval for 4.3 bn ordinary shares of 50k
Fajemirokun In line with its recapitalization plans, AIICO Insurance Plc has submitted an application to the Nigerian Stock Exchange, seeking approval for some billion ordinary shares of each…
Custodian & Allied Insurance keen on customer satisfaction
By Ngozi Onyeakusi-- Custodian & Allied Insurance (CAIL) is keen on developing and delivering innovative insurance products that best satisfy customer needs, the Managing Director of the company,…
CSR: GNI partners Ogun State Security Trust Fund
Osipitan By Ngozi Onyeakusi -- One of the foremost underwriting firms in the country, Great Nigeria Insurance Plc., partnered Ogun State Security Trust Fund as part of its strategic…
Recapitalization of Nigerian Insurance Industry in Covid-19 Pandemic Era
Apere 1. Introduction There had been a lot of great expectations from the investors and the insuring public when the insurance regulator first announced the recapitalization guidelines…
NAICOM segments recapitalization, Extends deadline to September 30, 2021
By Ngozi Onyeakusi-- In an effort to mitigate the likely negative consequences of the COVID-19 pandemic on the ongoing recapitalization exercise, the National Insurance Commission (NAICOM) has approved the segmentation…
Linkage Assurance Assures shareholders of meeting new capital requirement
By Ngozi Onyeakusi-- Linkage Assurance Plc has assured shareholders that despite the challenges posed by the impact of Covid-19, the Company is on course to meeting the recapitalization requirements. The…
Leadway Assuramce Gross Written Premium soars to N90.6 bn
Managing Director/CEO, Leadway Assurance Limited, Tunde Hassan-Odukale By Ngozi Onyeakusi-- Leadway Assurance Company Limited has posted a Gross Written Premium (GWP) to the tune of billion for the financial year…
AIICO Insurance Grows Premiums By 23% To ₦17.6bn In 2020 Q1
Fajemirokun By Ngozi Onyeakusi-- AIICO Insurance Plc has recorded Gross Written Premiums of ₦, showing a 23% surge from recorded in the same period of 2019. This growth, according to…
Zenith General Insurance PBT Soars by 16% to N3.67bn
By Ngozi Onyeakusi-- Zenith General Insurance Limited has recorded an impressive performance for its full-year financial statements for the period ended 31 December 2019, as its profit before tax soared…
AIICO Insurance GWP Soars By 33% To N50.1 bn
Fajemirokun By Ngozi Onyeakusi-- AIICO Insurance Plc. today announced its financial results for the year ended December 31, 2019. The Group’s gross written premiums for the year ended December 31,…