Saturday, April 19, 2025
27.7 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

NCDMB, Renaissance Energy Partner on Local Content Dev

L-R:  Managing Director and Chief Executive Officer Renaissance Africa...

NGX Group Holds 64th AGM, Reaffirms Commitment to Sustainable Value for Stakeholders

The Nigerian Exchange Group Plc (NGX Group) held its...

Leadway Assurance Partners AGRA on ‘Pay at Harvest’ Crop Insurance Scheme

In a significant step towards deepening agricultural resilience across...

Stanbic IBTC Bank Unveils “There Is More” Campaign: A Rallying Call for CEOs across Nigeria

Stanbic IBTC Bank ignites a nationwide conversation with the...

IPI Nigeria Appoints Idris, Garba Shehu, Egbemode, Ohwahwa, 25 Others to Committees

The International Press Institute (IPI) Nigeria has announced the...

Topics

Siemens, Anglo American Partner on Digital Skills Development in Africa

Currently, one of the most debated topics influencing innovation...

Fidelity Bank Stock Records Over 20% Growth Following Combined Offer

Growing investor confidence and strong market participation have continued...

Akinwumi Adesina: Leading Agricultural Innovation and Economic Growth of Africa

As an agricultural economist, Dr. Akinwumi Adesina has been...

Almond Insurance Industry Awards Unveils Nominees for Nov 1 Event

The Nominees for Voting in the Various Categories INSURANCE CEO...

IATA Names Alexander Juniac as New DG/CEO

The International Air Transport Association (IATA) announced leadership changes...

Stock Market Slightly Upturns After Bearish Run… ASI Up 1bp

The local bourse slightly upturned at the close of trade...

The Uninsured Vs The Insurance-less Among Us

Many Nigerians entered the New Year with anxiety and...

Reinsurance: The Safety Net for Sustainable Insurance Growth in Africa

Insurance business has its elements of risk just as...
spot_img

Related Articles

Popular Categories

spot_imgspot_img