Insurance

Sunu Assurances’ Revenue Rises To N5.28bn – But Profit Drops By 69%

Sunu Assurances’ revenue jumped 34.66 percent to N5.28 billion in the first quarter (Q1) of 2025, surpassing the N3.92 billion generated in the corresponding period in 2024. The company’s financial statement for

Prime Business Africa

July 4, 2025

Business·Top Stories

AIICO Exceeds Topline, Bottom Line Forecasts, But Profit Drops 49.58%

AIICO Insurance exceeded its topline and bottom line forecast for the first quarter (Q1) of 2025, after recording N54.81 billion gross written premium, compared to the N50.54 billion projected for the period.

Prime Business Africa

June 18, 2025

Business·Top Stories

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

Lasaco Assurance’s majority shareholders, Ibile Holdings Ltd and Canon Properties & Investments Ltd, increased their shareholdings in the company by 7.08 billion shares in the first quarter (Q1) of 2025. According to

Prime Business Africa

June 17, 2025

Business·Top Stories

Consolidated Hallmark Generates N13.31bn Turnover, Profit Falls To N359.30m

Over N13.31 billion revenue was generated by Consolidated Hallmark Holding in the first quarter (Q1) of 2025, compared to the N6.19 billion recorded in the same period in 2024, indicating a 114.87

Prime Business Africa

June 17, 2025

Business·Top Stories

AIICO Insurance’s profit falls below N16.72bn forecast

The total premium collected by AIICO Insurance in 2024 was N159.31 billion, 44.67 percent higher than the N110.11 billion paid by policyholders in 2023. Checks by Prime Business Africa showed that the

Prime Business Africa

April 24, 2025

Sunu Assurances, Veritas, Prestige Among 5 Worst-Performing Insurance Stocks In Q1

Business·Top Stories

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

Out of 20 insurance companies listed in the Nigerian stock exchange, 13 insurers recorded a decline in their stock performance in the first quarter (Q1) of 2025. Analysis by Prime Business Africa

Prime Business Africa

April 22, 2025

Top Five Performing Insurance Companies In Nigeria By Revenue Growth

Business·Top Stories

AXA Mansard, NEM, Cornerstone… 10 Largest Insurance Companies In Nigeria

The value of the insurance industry fell by N61.08 billion or 10.07 percent in the first quarter (Q1) of 2025, according to an analysis of the market valuation of 20 publicly listed

Prime Business Africa

April 18, 2025

Nigerian Youth Running Away From Insurance Industry - Tony Elumelu

Business·News

Nigerian Youths Running Away From Insurance Industry – Tony Elumelu

The Chairman of Heirs Holdings, Tony Elumelu has pointed out that the insurance sector of Nigeria’s economy needs a younger and more agile workforce, regretting that young Nigerians are unfortunately not interested

Victor Ezejaand

Admin

October 23, 2023

Business·News·World News

Ardonagh’s £1.2 Billion Insurance Sale Fuels CEO’s Expansion

In a strategic move, the Ardonagh Group is selling its personal insurance business, Atlanta Group, in a deal valued at £1.2 billion. This sale not only marks a significant shift in the

Emmanuel Ochayi

September 15, 2023

News·Top Stories

NAICOM Embraces Digitalization

NATIONAL Insurance Commission (NAICOM) has issued directive mandating industry operators to stop operating manually and adopt digital means to carry out all activities appropriately

Editor

September 2, 2021

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Sunu Assurances’ Revenue Rises To N5.28bn – But Profit Drops By 69%

AIICO Exceeds Topline, Bottom Line Forecasts, But Profit Drops 49.58%

Majority Shareholders Tighten Control Over Lasaco Assurance With 7bn Shares

Consolidated Hallmark Generates N13.31bn Turnover, Profit Falls To N359.30m

AIICO Insurance’s profit falls below N16.72bn forecast

Sunu Assurances, Veritas, Prestige Among Five Worst-Performing Insurance Stocks In Q1 2025

AXA Mansard, NEM, Cornerstone… 10 Largest Insurance Companies In Nigeria

Nigerian Youths Running Away From Insurance Industry – Tony Elumelu

Ardonagh’s £1.2 Billion Insurance Sale Fuels CEO’s Expansion

NAICOM Embraces Digitalization

Featured Stories

BBNaija Season 9: See Full Housemates, Pairs List

Survey: 65.8% Respondents Want Interest Rate Cut As CBN Holds MPC Meeting

The VC Race at UNN: A Test of Integrity and Vision

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe [Editorial]

Latest News

Ghana Slams DStv Over High Prices, Claims Nigerians Pay Less

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 2nd August 2025

Naira Begins August On A Stable Note

Tinubu Cautions Against Misinformation, Backs Responsible Digital Media

APC Campaign Council

Categories

Suggestions

Insurance

Follow Us

Featured Stories

Latest News

APC Campaign Council

Categories