Interests In Insurance, Oil Stocks Drive N93bn Gain   On the second-to-the-last trading day of the year 2019, the nation’s stock market saw a renewed interest of investors, particularly in insurance and oil and gas stocks. Investors gained N93.1bn as the market capitalisation of equities increased from...

FEPSAN, Others Target 3.9m Farmers For Insurance   To tackle climate change risk effects on farmers in the country, Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), in partnership with the Pan-African agricultural insurance advisory firm has unveiled an innovative insurance package for smallholder farmers. The risks...

NSIA Launches Travel Insurance Policy   The NSIA Insurance said it has enlarged its product portfolio through the addition of INSIA Travel Insurance policy. Managing Director of the company, Mrs Ebelechukwu Nwachukwu, said the introduction of the Travel Insurance product was the company’s response to its...

Insurance Firms' Total Assets Hit N1.08trn   The total assets of 58 Insurance Companies in the country have increased to N1.08 trn with the figure expected to rise to about N1.2 trillion by the time all underwriting firms release their 2018 financial statements. Total Assets refers to...

Insurance Records 13.9% Growth In Oil Businesses In A Decade The insurance sector in the past ten years (2008-2017), recorded the highest cumulative average growth rate of 13.9 per cent in oil and gas business. But between 2015 and 2017, the sector recorded the highest growth...

Workers At Risk As Government Delays Insurance Premium Payment   The Federal Government may have been tacitly telling its workers that they are “on their own” as it delays in renewing the Group Life Insurance Policy (GLIP), with N15 billion worth of claims alleged to have...