How insurance started in Nigeria and list of all New insurance companies in Nigeria 2022


Amidst a very much arranged life, some impromptu conditions can startle you and make you free for your entire life long speculations. Be that as it may, downright awful things actually occur. To this end future forward business people join with insurance agencies to safeguard their properties against future misfortune or damage

We can essentially pass on the beginning of Insurance in Nigeria to the presence of British Trading firms. These affiliations expected to deal with the risks related with their investments.

Along these lines, they expected to set up security working conditions that got their licenses from abroad. These licenses empowered these relationship to work with issue cover and claims help.

During this period, the affirmation business in Nigeria started to make at a quick rate. Notwithstanding, during the 1919’s and 20s, it saw sluggish development as a result of the effect of the Second World War.

Regardless, when the inquiry was done, the statement business got and made at a speedier rate.

In 1958, they set up the altogether neighborhood relationship in Nigeria. By October beginning, 1960, when Nigeria secured its freedom, there were around 4 astutely had Insurance Businesses.

Since that time, the Insurance Industry has been making at a fast rate.

In like way, in 1997, the Federal Government of Nigeria made the National Insurance Commission (NAICOM).

They saddle them with the commitments of getting sorted out and coordinating certification rehearses in Nigeria.

Starting today, as shown by NAICOM, there are an aggregate of 58 Insurance relationship in Nigeria.

Here is a complete list of the all the Insurance Companies in Nigeria.

  1. Rundown of Insurance Companies in Nigeria
  2. African Alliance Insurance Company Ltd
  3. AIICO Insurance Plc.
  4. Plot and General Insurance Plc.
  5. ALLIANZ NIGERIA INSURANCE PLC
  6. Anchor Insurance Company Ltd
  7. ARM Life Plc.
  8. AXA Mansard Insurance plc.
  9. Capital Express Assurance Limited
  10. Joined Hallmark Insurance Plc.
  11. Focal region Reinsurance Company Plc.
  12. Foundation Insurance Plc.
  13. Regulator and Allied Insurance Limited
  14. Regulator Life Assurance Limited
  15. FBN General Insurance Limited
  16. FBN Insurance Limited
  17. Balance Insurance Company Limited
  18. Wonderful Nigeria Insurance Plc.
  19. Guinea Insurance Plc.
  20. Goldlink Insurance Plc.
  21. All around Energy Insurance Plc.
  22. Present day and General Insurance Plc.
  23. JAIZ TAKAFUL INSURANCE PLC
  24. KBL Insurance Limited
  25. LASACO Assurance Plc.
  26. Law Union and Rock Insurance Plc.
  27. Leadway Assurance Company Limited
  28. Linkage Assurance Plc.
  29. Tangerine Life Insurance Ltd
  30. Shared Benefits Life Assurance Ltd
  31. NEM Insurance Plc.
  32. NICON Insurance Plc.
  33. Niger Insurance plc.
  34. Nigeria Reinsurance Corporation
  35. Nigerian Agricultural Insurance Corporation
  36. NSIA Insurance Ltd
  37. Old Mutual Nigeria General Insurance Company Limited
  38. Old Mutual Nigeria Life Assurance Company Limited
  39. Separation Assurance Plc.
  40. Prudential Zenith Life Assurance Company Limited
  41. Framework Alliance Insurance Plc.
  42. Well known Exchange Prudential Life
  43. Wonderful Exchange Prudential Life
  44. Unitrust Insurance Nigeria Limited
  45. Sovereign Trust Insurance Plc.
  46. STACO Insurance Plc.
  47. Standard Alliance Insurance Plc.
  48. Liberal Assurance Nigeria Ltd
  49. SUNU Assurance Plc.
  50. UNIC Insurance Plc.
  51. Complete Insurance Plc.
  52. Veritas Kapital Assurance Plc.
  53. Doled out association Life Assurance Lt
  54. Top General Insurance Company Limited
  55. GOXI Micro attestation
  56. NOOR Takaful Plc.
  57. Foundation Takaful Insurance Co. Ltd

Conclusion

All through the critical length, the Insurance business in Nigeria has been winding up being more grounded to strength. Any reasonable individual would agree that this industry is gotten together with a huge number that will be uncovered on schedule.


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