Nigeria’ insurance industry opens conversation on ESG integration
By Olivia Nnorom Baby steps begin to understand concept Over the years, Environmental Social and Governance (ESG) has become a key
FEC approves N9.24bn life insurance cover for public servants
By Olivia Nnorom The Federal Executive Council (FEC) has approved N9.24 billion for the 2022/2023 Group Life Insurance cover for
Coscharis Motors partners AIICO, Tangerine to integrate insurance into auto sales
By Rosemary Iwuala Coscharis Motors Limited, a leading brand in the Nigerian automobile industry, has partnered with AIICO
Insurance experts push negotiation, mediation as options for claims dispute resolution
By Olivia Nnorom Experts in the insurance industry have recommended negotiation and mediation as effective means of resolving
Insurtech is driving direly-needed change in Nigeria’s insurance sector
By Olivia Nnorom Insurance penetration in Nigeria has for long remained abysmally low at below one percent as a result
“Replacement costs more, replacement takes longer”
By Business.am. Allianz Global Corporate & Specialty (AGCS) Chief Claims Officer, Thomas Sepp, answers the pressing questions on
African markets post robust real premium income growth in 2021
BY PHILLIP ISAKPA Data of insurers premium income earnings in 2021 compiled by Swiss Re Institute shows that many African markets
How Africa’s weather risks prices are rising
By Business.am. The majority of respondents to a survey have noticed an increase in weather risk prices over the last three years,
Insurance brokers warn inflation to drive ‘difficult’ renewals ‘conversations’
BY Business.a.m. Buyers face higher premiums Higher premiums and “difficult conversations” are seen ahead of renewal season for
Insurance regulator has eagle eye on insurers failing to meet obligations
BY Business.a.m. It would appear that insurance industry regulator, the National Insurance Commission (NAICOM), will not be taking its