Monday, October 20, 2025
30.4 C
Lagos

NAICOM: Insurance Firms Will Settle Claims of Flood Victims

The National Insurance Commission (NAICOM) has pledged that operators in the Nigerian insurance sector will settle claims arising from the flooding across the country that has displaced more than 1.4 million people and killed over 600 Nigerians across eight states: Kogi, Rivers, Benue, Bayelsa, Akwa Ibom, Anambra, Cross River etc.

In a statement, the Commission said:

“NAICOM sympathises with victims of recent flood disasters across the country and want to assure all those insured against such misfortunes of the Commission’s commitment towards ensuring prompt settlement of their claims by insurance companies.”

spot_img
spot_img
spot_img

Hot this week

When Transparency Becomes Luxury: INEC and ₦1.5bn FOI Controversy

By Chike Walter Duru When the Independent National Electoral Commission...

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

  No fewer than 578 young entrepreneurs across Nigeria have...

Polaris Bank Reinforces Commitment to Exceptional Customer Experience at Global Trade Forum in Ibadan

Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris...

Fidelity Bank Bags Awards for Best Export, Trade Support and Innovation

  Fidelity Bank’s market leadership has been affirmed once again...

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Topics

China Forex Reserves Fall $100bn in January

China’s foreign exchange reserves have fallen to their lowest...

IATA to Africa: Adopt Global Carbon Emissions Standard

The International Air Transport Association (IATA) is urging African...

KPMG Recognises PalmPay for Excellence in 2024 West Africa Banking Industry Customer Experience Survey

PalmPay, a leading Africa-focused fintech platform, has been recognized...

Emirates Rated World’s Safest Airline on the Planet

Emirates which just resumed its daily flights to Lagos,...

Niger Insurance Reports N22bn Asset Base

Mr. Kolapo Adedeji, Managing Director/CEO, Niger Insurance Plc says...

CBN Plans BVN Registration for MfB, PMI Customers

The Central Bank of Nigeria (CBN) has disclosed on-going...

Apple May Launch Fifth-Generation iPad in September: Report

Apple is expected to launch the fifth-generation iPad in...

Stock Market Statistics: Tuesday, 17th October 2017

Market Cap (N'bn)               12,622.3 Market...
spot_img

Related Articles

Popular Categories

spot_imgspot_img