Insurers In Nigeria Sets Sight On Further Growth After 61% Surge — Akelicious

Nigeria’s Insurance Industry Revenue Surges by 61% in Q3 2024 — NIA - InsideBusiness - Business News in Nigeria

The Nigerian insurance industry recorded a 61% year-on-year revenue growth in the third quarter of 2024, reaching ₦1.2 trillion, up from ₦742 billion in the same period of 2023. This was revealed by Mr. Kunle Ahmed, Chairman of the Nigerian Insurers Association (NIA), during a quarterly media briefing held at the NIA headquarters in Lagos. According to Ahmed, the growth was primarily driven by strong performance in the non-life insurance segment…

NIA supports NAICOM’s publication of unpaid claims, welcomes fintechs’ innovations to improve claims process - Worldstage

WorldStage Newsonline– The Nigerian Insurers Association (NIA) has assured policyholders that insurance companies remain willing and prepared to pay all valid claims promptly and transparently while planning to invite fintech experts to propose innovations that can shorten and improve the claims process. NIA Chairman, Mr Kunle Ahmed, gave the assurance on Tuesday during the 2024 first quarter briefing on the industry’s performance said the NIA s…

Insurers In Nigeria Sets Sight On Further Growth After 61% Surge — Akelicious

The Nigerian Insurance Association has revealed that the sector recorded approximately 61 per cent growth as of the third quarter of 2024. This was disclosed by the Chairman of the NIA, Kunle Ahmed, during the quarterly briefing on the performance of the insurance industry held at the Insurers’ House on Tuesday. The Nigerian Insurers Association, established in 1971, is the umbrella body for all insurance and reinsurance companies in Nigeria. It…