Saturday, July 5, 2025
26.5 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

MTN, 9mobile Ink National Infrastructure Partnership Deal

L-R: Abolaji Idowu, Chief Financial Officer, 9mobile; Omotola Ojutayo,...

Stanbic IBTC Holding’s N148bn Rights Issue Oversubscribed by 21.9%, Injects N140bn into Stanbic IBTC Bank

Acting Group CE Statement Commenting on the just concluded rights...

NAICOM Hands over New Licences to SanlamAllianz Life, General Insurance

The National Insurance Commission (NAICOM) today handed over new...

Access Bank Highlights Leadership at Climate Governance Initiative Launch

Access Bank Plc has once again demonstrated its leadership...

Fidelity Bank Extends Relief Efforts to Eti-Osa Community with Food Bank Initiative

Henry Asiegbu, Divisional Head, Operations, Fidelity Bank Plc (Left);...

Topics

Stanbic IBTC Bank Clarifies Expected Credit Loss Reporting

 The Stanbic IBTC Bank Statement: It has come to our...

Royal Exchange Reports N1O.7bn Premium Income in 2O15

Royal Exchange Plc has announced that it generated a...

The $100bn Gap: Hard, Soft Infrastructure Key to Africa’s Development

In one of the most anticipated side events during...

AfDB Commits $9m for Agricultural Finance in Nigeria

The African Development Bank has approved a $9 million...

‘AfrexInsure Will Support Intra-African Trade, Retain Premium in Africa’

The African Export-Import Bank (Afreximbank) has launched its wholly...

MY VIEW:   It’s Time to Address the Issues!

By Haniel Ukpaukure In the next five months or so,...

ZTE Signs 5G R&D MoU with SoftBank

ZTE says that it has signed a deal with Japan's SoftBank to collaborate on research and development on pre 5G networks technology. Under the MOU, the two companies will cooperate on R&D, evaluation and verification of mobile communications solutions based on ZTE's Pre5G technology, including Massive MIMO (multiple input multiple output).
spot_img

Related Articles

Popular Categories

spot_imgspot_img