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NCRIB President Endorses Heirs Insurance, Heirs Life Assurance


…Describes Their Entrance as Progressive
(AFRICAN EXAMINER) – At the just concluded meeting of the Nigerian Council of Registered Brokers (NCRIB), which was held on Tuesday, July 6, President of the Nigerian Council of Registered Insurance Brokers, Dr. Mrs. Bola Onigbogi endorsed Heirs Insurance Limited (HIL) and Heirs Life Assurance Limited (HLA) describing both companies as progressive with their array of product offerings and promise of excellent service.
She said this while welcoming the hosts of the event, Dr. Adaobi Nwakuche, Ag. CEO, Heirs Insurance Limited and Niyi Onifade, CEO, Heirs Life Assurance as well as the over 300 insurance brokers present at the NCRIB secretariat in Lagos. ....

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Breaking News | Growth In Fire Insurance Slows Down


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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. ....

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