NEM Mgt Expenses Drop To N3.7bn, Pays N7.6bn Claims
Just as the management of NEM Insurance Plc continues to be prudent without undermining efficiency, its management expenses shrank from N4.19billion in 2021
Source: leadership.ng
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AIO reactivates tenancy with Cameroonian government
The African Insurance Organisation (AIO) has renewed its headquarters agreement with the Republic of Cameroon, which it signed with the West-Central African country 38 years ago.
Source: guardian.ng
NEM Insurance posts 23% increase in net premium in 2021
For the 2021 financial year, NEM Insurance Plc has posted a net premium of N19.3 billion, against N15.8 billion recorded in the corresponding period of 2020.
Source: guardian.ng
The president of the AIO discusses insurance penetration in Africa
In order to advance the insurance sector as a whole, the President of the African Insurance Organisation (AIO) has asked
Source: thenews-chronicle.com
African insurance acceptance rate shrinks by two per cent in 2020
There are indications in the African insurance market that the access rate has dropped from 2.78 per cent in 2019 to two per cent in 2020.
Source: guardian.ng