Two of the most prominent players in global and African insurance and financial services, Sanlam and Allianz, appear poised to complete the anticipated merger of their operations in Nigeria, marking …
Insurance
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AfricaBusinessEconomyFinance & ServicesInnovationInsuranceINVESTMENTNigeria
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BusinessEconomyFinance & ServicesInsuranceINVESTMENTNewsNigeria
AM Best Assigns “B+” Credit Rating to Linkage Assurance Plc, Outlook Stable
Linkage Assurance Plc, a key player in Nigeria’s non-life insurance sector, has received a Long-Term Issuer Credit Rating (ICR) of “B+” (Good) from AM Best, a renowned global credit rating …
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BusinessBusiness InsightsEconomyFinance & ServicesGOVERNMENTInnovationInsuranceINVESTMENTMarketsNewsNigeria
AM Best Assigns ‘B+’ Rating to Linkage Assurance Plc, Cites Strong Balance Sheet and Risk Management
Linkage Assurance Plc, a Nigerian insurance company listed on the Nigerian Exchange Group, has been assigned a long-term issuer credit rating of ‘B+’ by AM Best, a globally recognised credit …
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BusinessEconomyFinance & ServicesGOVERNMENTInsuranceINVESTMENTNewsNigeria
IGI Pays Over N1.8bn in Insurance Claims, Targets Higher Payouts in 2024
Industrial and General Insurance Plc (IGI) has announced that it paid more than ₦1.8 billion in claims to policyholders over the past year, reaffirming its commitment to rebuilding public trust …
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AfricaBusinessCyber securityInsuranceSecurity
Cyber Insurance: Is Your Business Financially Protected Against a Hack?
Cyberattacks are no longer a matter of “if” but “when.” Businesses of all sizes face unprecedented digital risks. The threats are constant and evolving. While robust cybersecurity measures are your …
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Banking, Finance & InvestmentFinance & ServicesInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeriaOil & Gas
Nigerian Stock Market Starts Week With N8bn Dip Despite Higher Trading Volume
The Nigerian Stock Exchange (NGX) opened the new trading week on a slightly negative note, shedding ₦8 billion in market value on Monday, May 20, 2025, despite improvements in trading …
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BusinessBusiness InsightsFinance & ServicesInsuranceLeadershipNigeria
Enterprise Life Nigeria Appoints Nelson Akerele as New Managing Director
Enterprise Life Assurance Nigeria has announced the appointment of Nelson Akerele as its new Managing Director, succeeding Mrs. Funmilayo Omo, who stepped down after five years of leading the firm. …
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Business InsightsEconomyFinance & ServicesFintechInsuranceINVESTMENTNigeria
Less Than 2 Million Nigerians Buy Insurance Yearly – Stakeholders Raise Alarm at Investment Summit
Industry experts and financial stakeholders have revealed that fewer than two million Nigerians buy insurance policies annually, a figure that highlights a deep gap in coverage and awareness within the …
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BusinessDevelopmentGOVERNMENTInsuranceSales Strategy
Insurance Regulator Urges Data-Driven Risk Management for National Growth
The Commissioner for Insurance and CEO of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin, has called on public and private institutions in Nigeria to adopt a data-driven and proactive …
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AgricultureBusinessInsuranceLeadership
Florence Onwanuokwu Takes Over as Acting MD/CEO of Nigerian Agricultural Insurance Corporation
The Nigerian Agricultural Insurance Corporation (NAIC) has announced the appointment of Mrs. Florence Onwanuokwu as its new Acting Managing Director and Chief Executive Officer. Her appointment follows the completion of …