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Insurance - Page 2

Consolidated Hallmark Holdings Profit Drops From N7.52bn To N1.15bn In H1 2025

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 percent increase. Also, its insurance service expenses increased by 48.13

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 amount paid by the company’s customers to keep their insurance

April 24, 2025

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 showed that the 13 insurance companies are Guinea Insurance, International

April 22, 2025

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 insurers. The list was compiled using the companies’ stock market

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 in the industry. Prime Business Africa reports that he stated

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 company’s portfolio but also provides CEO David Ross with an

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

September 2, 2021

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Insurance - Page 2

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

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