Calculators

News

The Nigerian Insurance Industry Database Portal

You can now verify the authenticity of your motor insurance policy online!

Simply click:

Check a policy

ASKNIID, an initiative of NAICOM (National Insurance Commission), is a central record of all insured vehicles in Nigeria.

For more information, log on to www.askniid.org

 

Groupe NSIA announces the acquisition of 96.15% of the capital of ADIC Insurance Company Limited

Groupe NSIA, which is already firmly established in 11 African countries, is, through this marked presence in one of the most vibrant and attractive markets on the continent in terms of its development potential for insurance and banking activities, resolutely affirming its position as a benchmark African financial group in sub-Saharan Africa.


Through its 21 companies in various countries, the Group has cumulatively recorded, in 2010, a turnover of 183 million Euros; 140 million of this amount is attributable to the Insurance sector. The Group has thus featured an annual growth rate of 19% over the last three years.

With a premium volume of more than 1.6 billion US dollars in 2010 and an average annual growth rate of 29% over the last five years, the Nigerian market holdsreal prospects of growth for Groupe NSIA.


After successfully setting up presence in Ghana, the Group is once again achieving another robust investment outside of its usual area of predilection, the CIMA zone, a further reassertion of its African character. The take-over of ADIC from the Nigerian Diamond Bank, will foster the Group’s resolve to render insurance products adapted to their needs accessible to an increasing number of Africans. The Group will also avail itself of the opportunity offered by the Nigerian market to deploy its wide-range of products to both individuals and corporate entities.


Top claims settled in 2012

Policy Holder

Class of Insurance

Loss Date

Loss Description

Amount Settled

MOUKA LIMITED

Commercial Line

15/12/2010

Fire incident at the Insured's Ikeja premises on December 15, 2010

=N=220,992,239.80

DIAMOND BANK PLC

Money

25/05/2010

Armed robbery attack at Osisioma Mini Branch on May 14, 2010

=N=25,800,657.49

OKESON CORPORATE LINK LIMITED

Fire & Special  Peril

22/12/2011

Fire incident at Insured’s shop located in Keffi

=N=16,416,915.08

ANCAPS GLOBAL INVEST.LTD / DIAMOND BANK PLC

Auto Loan Scheme

18/9/2012

Accident involving Insured's M/Benz truck with Registration number- TRR 90 XA

=N=15,005,700.00

BRITISH AMERICAN TOBACCO NIGERIA LIMITED

Workmen  Compensation

3/6/2012

Death of Mr. David Osunbade on 03/06/2012

=N=14,405,816.04

ERNUS VENTURES NIGERIA LIMITED

Fire & Special  Peril

22/12/2011

Fire incident at Insured's shop located in Keffi Main Market

=N=13,535,850.11

JUDE ONYENWE EZE / DIAMOND BANK PLC

Auto Loan Scheme

6/2/2012

Theft of Insured’s Toyota Land cruiser with Registration Number- BX 77 KWL

=N=11,115,000.00

JMG LIMITED

Marine Cargo

24/4/2012

Fire damage to container certificate no 004576

=N=10,535,232.00

I A UDEH AND SONS LIMITED

Fire & Special  Peril

22/12/2011

Fire incident at insured's shop located in Keffi Main Market

=N=10,376,693.99

CHIDEX ATLANTIC WORLDWIDE LIMITED

Home

1/1/2012

Fire incident at Insured's premises

=N=9,802,852.57

 
ADIC Insurance RSS Increase Font Decrease Font FAQs