Insurance and You

Post recapitalisation: Turning strong insurers into stronger players

By Rosemary Iwunze The Nigeria’s insurance industry recapitalisation exercise formally closed on July 31, 2026, with 48 insurance companies and two reinsurers scaling through, while six insurance licences were cancelled after the affected operators failed to meet the regulatory threshold. Following the successful recapitalisation exercise, the real test of the reform shifted from how much […]
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CIIN canvasses need for efficacy of insurance

President of the Chartered Insurance Institute of Nigeria, CIIN, Mr. Wole Adetimehin, has said that the institute have continuously canvassed the need for a genuine national consciousness on the efficacy of insurance especially with the spate of insecurity and the destruction of lives and properties.

Travel insurance: Don’t leave home without it

You’re on vacation with your family in a famous tourist destination, you’ve been basking in the sun, lazing on the beaches, reading a book and chilling-out for a couple of days.

Purpose of third party auto insurance

Third party auto insurance is designed to make an injured party “whole” as a result of a covered accident. Damage to vehicles and other property can be expensive to repair or replace, as well as the cost of medical needs resulting from an accident. If the responsible party does not carry adequate coverage, the injured party would have little choice but to pursue a lawsuit.

Why you should associate with INSCAN

As an insurance consumer, have there been times when you feel that you need to associate with other insurance consumers to address issues or challenges of mutual interest? Then INSCAN can be of help.

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