The Federal Executive Council in January 2021 approved N9.2bn for Group Life Insurance for its workers for 2021/2022 following a memo submitted by the Head of Service of the Federation.
A statement from the Council said she applauded the Federal Government for the release of the sum of N9.2bn for group life for Federal Government employees.
Prof. Osinbajo advised Nigerians to engage services of Registered Insurance Brokers to effectively protect their assets, irrespective of their economic status and position.
Udeagbala takes the mantle as NACCIMA president on Wednesday tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
Views: Visits 5 Great Nigeria Insurance Company Limited, popularly called Great Nigeria House on fire. •Claims also decline •Operators’ bemoan public apathy By Rosemary Iwunze Patronage of fire insurance appears to have been reversed as growth rate in premium amongst major insurance companies suffers set back. Financial Vanguard’s findings on cumulative financial records of about eight of the insurance companies show that the fire policy premium at N13.4 billion, grew by 19 percent year-on-year, YoY, as against the 59.2 percent recorded in the corresponding period of 2019. In 2019, fire insurance skyrocketed by 59.2 per cent YoY to N11.19 billion from N7.03 billion in 2018, a sort of recovery from the 35.5 percent decline recorded in the 2018 figure against the N10.9 billion in 2017.
Growth in fire insurance slows down - Vanguard News vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.
Claims must be settled quickly to retain public trust – Odukale vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.