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EndSARS: Insurers Pay N11bn Claims To Cover Losses

EndSARS: Insurers Pay N11bn Claims To Cover Losses The Nigerian Insurers Association has said insurance companies have paid N11bn claims on losses suffered during the 2020 #EndSARS protest. The Chairman, NIA, Mr Ganiyu Musa, disclosed this at a press briefing in Lagos. “As at January, insurers have...

Nigerian Insurers Settle N4bn #EndSARS Claims

Nigerian Insurers Settle N4bn #EndSARS Claims       The Nigerian Insurers Association has said insurance companies have so far paid N4bn claims from the estimated losses from #EndSARS protests in October last year. The Chairman, NIA, Mr Ganiyu Musa, disclosed this during a virtual press briefing in Lagos...

#EndSARS: 25 Insurance Companies To Pay N20.4bn Claims

#EndSARS: 25 Insurance Companies To Pay N20.4bn Claims       Twenty-five insurance companies have recorded claims totalling N20.4bn from losses that emanated from the #EndSARS protests which occurred in the country in October, findings have revealed. Figures obtained from by our correspondent from the underwriters on Wednesday under...

#EndSARS : Insurers’ll Pay Billions On Losses – NIA chairman

#EndSARS : Insurers’ll Pay Billions On Losses – NIA chairman       The Chairman, Nigerian Insurers Association, Mr Ganiyu Musa, has said insurance companies may pay claims worth billions of naira from losses of lives and properties that followed #EndSARS protests. He spoke to our correspondent in a...

Insurance Generates N490bn In 2019 Financial Year

Insurance Generates N490bn In 2019 Financial Year   The Nigerian Insurers Association (NIA), has revealed that the volume of business written by the industry rose to N490 billion in 2019, a 15.55 per cent over 2018 level of N413.8 billion. The outgoing Chairman, NIA, Tope Smart, at...

NIA Lauds FG On Finance Act 2020

NIA Lauds FG On Finance Act 2020   The Nigerian Insurers Association (NIA) has lauded the Federal Government of Nigeria for the speedy assent to the Finance Act 2020, describing the move as a welcome development which will usher in a new lease of life for...