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Allianz expands African footprint with acquisition of Ensure Insurance in Nigeria
31-08-2017 | 09:45:50
Allianz Group announced today a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance Plc. from its core shareholder Greenoaks Global Holdings Ltd. (GGH).
Prudential PLC acquires Zenith Life, enters partnership with Zenith Bank
17-07-2017 | 10:02:30
Prudential Plc has acquired a majority stake in Zenith Life of Nigeria and formed exclusive bancassurance partnerships with Zenith Bank in Nigeria and Ghana.
UNIC Insurance relists as UNIC Diversified Holdings on Nigeria Stock Exchange
11-04-2017 | 12:38:21
UNIC Insurance Plc was yesterday delisted and replaced by UNIC Diversified Holdings (UDH) Plc at the Nigerian Stock Exchange as the insurance company completed its transformation into a financial services holding group.
Guinea Insurance targets 80 per cent coverage for Nigerians by 2021
30-03-2017 | 12:08:58
The Chairman of Guinea Insurance Plc, Mr Godson Ugochukwu, says the company is targeting to bring 80 per cent of Nigerians under insurance cover by 2021.
South Africa’s insurer to acquire 75% equity in Nigeria’s UNIC Insurance
02-03-2017 | 12:24:52
South Africa’s Liberty Holdings has announced that it will acquire a 75 percent stake in a Nigerian insurer, UNIC Insurance Plc, for 160 million rand ($12 million), an equivalent of N3.72billion.
Kenya, Nigeria, Morocco Africa’s fastest growing reinsurance markets
19-12-2016 | 08:15:00
Kenya, Nigeria and Morocco are the fastest growing reinsurance markets in Africa, driven by the size and diversity of their economies.
Insurance cover for banking transactions to begin next month
27-09-2016 | 12:06:00
Banking transactions will, from next month, be fully insured and risks associated with them underwritten by insurance companies, the Managing Director, Nigeria Interbank Settlement System (NIBSS), Ade Shonubi, has said.
Roche, Old Mutual Nigeria Partner to Develop Insurance Product for Terminal Illnesses
12-08-2016 | 10:34:00
Old Mutual Nigeria and Roche Products Limited have signed a memorandum of understanding for the creation of a terminal illness insurance product that will provide insurance cover on various terminal and life threatening diseases such as heart attack, stroke, cancer, major organ transplant, kidney failure and comas.
Nigerian insurance sector hits top 10 in Africa
17-05-2016 | 11:30:00
Nigeria has been enlisted among the top 10 African insurance markets after South Africa, whose Non- Life Insurance Premiums dominated African Insurance sector with market size of over US$ 1 billion each in 2014.
FBN Insurance, Nigeria Deploys 3i Infotech’s End to End Premia™ Insurance Suite
08-03-2016 | 13:13:00
3i Infotech, a global technology solutions and services enabler today announced the successful implementation of their marquee product Premia™ Insurance Suite at FBN Insurance, Nigeria(West Africa).