Insurance Companies Rating In Nigeria

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Insurance companies rating in nigeria. Go through stock ratings and business resources to get the information you are searching for. I would rather move to the all important three. If it s not go elsewhere. Equity life insurance co.

So the company has gained a lot of experience in the aforementioned sphere. There are factors in rating the best insurance firms. Using criteria three to determine the best insurance company in nigeria. Rated among the best 10 insurance companies in nigeria custodian insurance company stands out among the competition.

Some of the products they offer include auto insurance which includes. To know a top insurance company they must be popular among the public must have a good track record and most of all must have excellent customer rating. Their foundation is based on trust. But which of these are considered the best to start with.

Reason been that i have not tried all the insurance companies but there seem to be a lot of improvement going on in the industry. In addition the outfit also focuses on general and special risks life assurance annuity and health insurance as well. This insurance company provides products and services life and non life to private individuals and corporate institutions in nigeria. Lasaco insurance company has become one of the major players in the field of insurance companies in early 80s.

You may also want to consider the price factor when searching and eventually choosing your insurance company. Aiico insurance is one of the well recognised insurance companies in nigeria. Frankly most of the insurance companies would pass criteria 2. Also the company bids asset management services as well as investment management services medical insurance solutions and pension fund administration with the help of its three subsidiary companies axa mansard health axa mansard investments limited.

While there are other insurance firms like lead way inusrance mansard niico standard insurance e t c that you can start off with these ones listed above stand out from the rest. In a paper titled international rating of insurance companies in nigeria the former head of strategy at naicom babajide oniwinde said it is important for insurers to seek for independent assessment of their financial strength and claims payment capabilities using international credit rating agencies. The company started in 1963 as a pension and asset management group. Lagos is a state in nigeria with many registered insurance companies offering various services.

Axa mansard insurance plc guaranty trust assurance plc is also rated as one of my best insurance companies in nigeria. In no particular order here is. Ltd formerly called first nigeria insurance company limited equity life insurance was incorporated on the 10th of november 1983 and was licensed as life specialist company to transact life and pension business. The top 10 insurance companies in nigeria 1.

In other words if the price is affordable go for it. Such a company occupies one of the positions among top 10 insurance companies in nigeria. Currently aiico is the 2nd largest insurance company in nigeria.