More
    HomeNewsNAICOM to Ensure Prompt Payment of Flood Victims

    NAICOM to Ensure Prompt Payment of Flood Victims

    Published on

    By Tony Obiechina, Abuja

    The National Insurance Commission (NAICOM) says it will ensure prompt payment of claims to flood victims across the country.

    The Commission which gave the assurance in Abuja on Saturday said it will ensure that Insurance companies promptly settle claims of the affected victims.

    Hundreds of lives and households properties estimated at billions of Naira have been lost to floods which ravaged various parts of the country in the past months.

    The situation has rendered several people homeless and farmlands washed away leading to some of the victims being quartered in refugee camps.

    “NAICOM sympathises with victims of recent flood disaster across the country and wants to assure all those insured against such misfortunes of the Commission’s commitment towards ensuring prompt settlement of their claims by insurance companies”, the statement added.

    Latest articles

    Group rejects suspension of mining in Northern region

    The President of Gemstones Miners and Marketing Association of Nigeria (GMMAN), Niran Ajibade, has...

    Gov Abiodun presents N1.66trn 2026 budget proposal to Ogun Assembly 

    Governor Dapo Abiodun has presented a N1.66 trillion appropriation bill for 2026 before the...

    NDIC to partner NIESV on failed banks’ assets valuation

    The Nigeria Deposit Insurance Corporation (NDIC), has underscored the necessity of a deeper collaboration...

    CBN announces new withdrawal limit, removes deposit cap

    The Central Bank of Nigeria, CBN, has announced a comprehensive revision of cash-related policies,...

    More like this

    Group rejects suspension of mining in Northern region

    The President of Gemstones Miners and Marketing Association of Nigeria (GMMAN), Niran Ajibade, has...

    Gov Abiodun presents N1.66trn 2026 budget proposal to Ogun Assembly 

    Governor Dapo Abiodun has presented a N1.66 trillion appropriation bill for 2026 before the...

    NDIC to partner NIESV on failed banks’ assets valuation

    The Nigeria Deposit Insurance Corporation (NDIC), has underscored the necessity of a deeper collaboration...