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Marine insurance

Insurance brokers mull opportunities in marine business as Covid-19, technology…

Modestus Anaesoronye Oct 13, 2021 0

Insurance brokers under the umbrella body of the Nigerian Council of Registered Insurance Brokers (NCRIB) Lagos Area Committee (LAC) are making efforts to see opportunities in marine cargo…

Insurance

Challenges of Nigeria’s marine insurance mirror global situation

Modestus Aneasoronye Mar 9, 2019 1

The Nigerian maritime insurance market, like the global market is fraught with challenges. While the local market is battling the prevalence of fake operators and fake certificates, causing…

Marine business suffers billion naira losses for non-appreciation of insurance

Modestus Anaesoronye Oct 31, 2017 0

Nigeria’s marine businesses have continued to suffer billions of naira losses on cargo damage and associated risks without compensation, as a result of high level of ignorance and poor…