FG Pays Out N396.7m Insurance Claims to Farmers
In a move aimed at shielding Nigeria’s fragile food system from climate shocks, the Federal Government, through the Presidential Food Systems Coordinating Unit, has partnered with Leadway Assurance and PULA Advisors to disburse N396.7m in insurance claims...
N2bn Payout: Insurance Company Rewards Customers with Massive Claims Disbursement
SUNU Assurances Nigeria Plc has rewarded customers with the sum of ₦2.08 billion as claims payment in the 2023 financial year, representing 41.5 per cent increase from N1.47 billion received in 2022.
The underwriting firm also...
Insurance Claims Now N1.5trn - NAICOM
Insurance companies paid N1.5trn claims in six years as businesses increased.
The biggest advertisement needed to promote insurance patronage is prompt claims settlement according to industry experts.
The Nigerian underwriting companies have so far paid N1.5tn claims to their customers in...
NSITF Pays N1.7bn Claims, Compensation To Rehabilitate Injured Workers
The Nigeria Social Insurance Trust Fund (NSITF) yesterday said it spent over N1.7billion as claims and compensations for rehabilitation of injured workers, death benefits as well as compensation for loss of man hour to their employers...
In Six Months, NSITF Paid N.5bn Claims To Workers, Employers
THE Nigeria Social Insurance Trust Fund has disbursed N529.9 million to workers for medical expenses refunds, loss of productivity to employers, death and disability benefits, beneficiary of deceased employees and retirement benefits on behalf of...
Insurance Firms To Pay N20bn #EndSARS Claims
Insurance companies will eventually pay about N20 billion in compensations for losses recorded during the October 2020 #EndSARS protest.
Speaking with the News Agency of Nigeria (NAN) in Lagos on Wednesday, the Chairman of the Nigeria Insurance Association (NIA),...
