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Allianz buys Nigerian insurer for $35 mln in African push

30/8/2017/Reuters Chijioke Ohuocha Germany’s Allianz plans to pay $35 million for 98 percent stake in Nigerian insurer Ensure Insurance in a push for growth in Africa, where many people are… Read more »

Zimbabwe’s FBC Insurance targets growth with SSP’s Pure Insurance platform

July 24, 2017/SSP FBC Insurance has chosen to support the growth of its Zimbabwean general insurance business in line with its strategic objectives using SSP’s ( digital insurance platform, SSP… Read more »

NSE Says Lift Suspension of Trading on Shares of Sovereign Trust Insurance Plc

July 11, 2017/NSE We refer to our bulletin dated 5 July 2017 notifying you of the suspension of seventeen (17) listed companies for non-compliant with Rule 3.1, Rules for Filing… Read more »

Niger Insurance Says Pretax Profit Declines 86.5% in 2016 FYE

July 3, 2017 By Kingsley Ogunwa InvestAdvocate Click here to download Niger Insurance Plc Annual Report and Audited Financial Statement for the Year Ended December 31, 2016 Lagos (INVESTADVOCATE)-Insurer, Niger… Read more »

Resolution Insurance realises expansion plans with SSP Pure Insurance

June 28, 2017/SSP Resolution Insurance has chosen global insurance technology specialist SSP ( to provide a new, robust, flexible IT system to underpin its expansion plans. Following private equity investment,… Read more »

ATI supported USD4 billion worth of trade and investments in 2016 – African countries urged to seek support from the insurer

May 11, 2017/ATI The African Trade Insurance Agency (ATI) (, held its 17th Annual General Meeting today. The sustained commodity price decline and current geopolitical uncertainties took centre stage. Meeting… Read more »

Côte d’Ivoire joins the growing list of ATI’s new member countries

April 25, 2017/ATI The African Trade Insurance Agency (ATI) ( announced today that Côte d’Ivoire has joined a growing list of African countries who are members of the institution. ATI… Read more »

UNIC Insurance Delist from NSE, List Holding Company

13/4/2017/NSE UNIC Insurance Plc (‘’UNIC’’) was delisted from the Daily Official List of The Exchange and the shares of its holding company, UNIC Diversified Holdings Plc (‘’UDH’’) listed in its… Read more »

BusinessToday unveils nominees for award

April 4, 2017/BusinessToday The management of BusinessToday online, a business online news channel, has unveiled the nominees for 2016 Nigerian insurance and pension awards. A statement by the Publisher/Editor-in-Chief, NKECHI… Read more »

UNIC Insurance Shares Placed on Full Suspension

By InvestAdvocate Lagos (INVESTADVOCATE)-Insurer, UNIC Insurance Plc said on Friday its shares has been placed on full suspension from trading on the Nigerian Stock Exchange (NSE). The company said its… Read more »