Tuesday, May 12, 2026
27.1 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

Pleias, GSMA Launch ‘CommonLingua’, Open Source Language Identification Model Supporting 61 African Languages

Pleias and the GSMA have announced the release of CommonLingua,...

Unity Bank Disburses Over N500m Through SHOCOF to Support Traders

As part of efforts to promote SMEs and strengthen...

CBN Engages Sub-national Govts, Reaffirms Commitment to Inflation Targeting

The Central Bank of Nigeria (CBN) has emphasised the...

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

Stanbic IBTC Reinforces Leadership in Trade Finance at GTR West Africa 2026

L–R: Seun Ogundolapo, Head, Trade, Transaction Banking, Stanbic IBTC...

Topics

PILA Pays Courtesy Visit to Sovereign Trust Insurance Plc

Members of the Professional Insurance Ladies Association (PILA) with...

SMEs: AfDB Approves $100m Funding for Nigeria

The African Development Bank has approved a $100 million...

50 Countries Confirm Attendance at ASIS 2024

The Africa Social Impact Summit (ASIS) 2024 is set...

Flutterwave: Kenyan Tech Founder Loses $900, 000 Appeal

Clara Wanjiku Odero, a Kenyan tech founder and CEO...

Sovereign Trust Insurance Rights Issue 72.5% Subscribed

Following the successful completion of the Rights Issue Offer...

British Theatres, Concerts Say No Shows Without Insurance Support

By Carolyn Cohn and Barbara Lewis  Mr. Tope Smart Group Managing Director/CEO NEM Insurance Plc British...
spot_img

Related Articles

Popular Categories

spot_imgspot_img