More than two in five Nigerian women want their employers to provide improved and comprehensive health insurance that covers fertility treatments, breast cancer care, and menopause support, according to a report released by Healthtracka, a digital health platform. The report says that 43.4% of working women across various industries and regions expressed this need in a nationwide survey.
Pan-African insurance group, SUNU Group, and the international microfinance group Advans have announced that SUNU Assurances Vie Cameroun has acquired a stake in Advans Cameroun.
Concerns have surfaced over the potential adverse impact on insurance companies if certain provisions of the proposed Tax Reform Bill are left unaddressed, according to a commentary.
Dubai-based EIRS (ETG Insurance Risk Solutions) Network has announced that Epicure Insurance Brokers, a leading licensed insurance broker based in Lagos, has joined as its exclusive member in Nigeria.
The Nigerian Insurance Reform Bill, currently waiting for the president's assent, will create a compensation fund for victims of bankrupt insurance companies and a fund for uninsured road accident victims.
The National Insurance Commission (NAICOM) has said that technology must be used to deepen rural insurance penetration across Nigeria.
Nigeria's National Emergency Management Agency (NEMA) has sounded the necessity to explore risk financing options that will guarantee early recovery from disasters and business continuity.
The House of Representatives has passed the Nigerian Insurance Industry Reform Act Bill, 2025, following in the footsteps of the Senate that did so in December 2024. The vote last week took the Bill one step closer to being signed into law.
Nearly four in 10 (37%) of young Nigerians polled in a recent survey said that they had never heard of health insurance before, revealing an alarming gap in healthcare awareness in this demographic group.
Key challenges in the Nigerian insurance market include sluggish growth, low penetration rates, and the under-utilisation of technology, according to a report launched by the Financial Institutions Training Centre (FITC).