Tag Archives: Insurance Market

nigeria’s effort to make the insurance industry perform its statutory role of mobilising funds for economic development continues to wobble as a recent report by Nigeria Insurance Digest has revealed that about 23 of the 56 insurance companies in the country recorded losses in 2015. The report obtained from NIA showed that only 33 companies were able to surmount challenges of …

Read More »

The Minister of Finance, Mrs Kemi Adeosun, on Monday said that only three million out of 180 million Nigerians possessed insurance policies to protect themselves from uncertainties. Adeosun, who made the disclosure at the ongoing 2017 National Insurance Conference (NIC) in Abuja, noted that insurance was playing critical roles in the economy. The theme of the three-day conference is: “Nigeria …

Read More »

An ICT firm, Pinet Informatics Limited, has launched an online platform known as Insurance Market where insurance companies and, vendors can sell products to buyers, and in turn can buy any type of insurance policy on their laptop, tablets or phones and pay with their credit cards. Managing Director, Pinet Informatics, Lanre Ajayi at the launch and e-Insurance Conference held in …

Read More »