Auto Insurance

KBL Insurance reaffirms commitment to NIIRA 2025

KBL Insurance Limited has restated its firm commitment to advancing compulsory insurance in Nigeria, following the signing of the Nigeria Insurance Industry Reform Act (NIIRA) 2025 into law by President Bola Ahmed Tinubu. This landmark legislation represents a decisive step in the Federal Government’s Renewed Hope Agenda, designed to strengthen the insurance sector and propel […]
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KBL Insurance Grows Revenue By 35.97% To N6.4bn FY2024, Pays N1.2bn In Claims

KBL Insurance Limited, a general insurance company, has announced its outstanding financial performance for the 2024 fiscal year. The insurer reported major growth in revenue, profitability, and claims payment, a true testament to its vision, leadership, and unwavering customer commitment. According to a statement released by the company, its insurance revenue grew to ₦6.4 billion […]
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KBL Insurance Celebrates International Women’s Day with IWS Nigeria

In celebration of International Women’s Day 2025, the KBL Insurance team visited the International Women’s Society (IWS) Nigeria, reaffirming our commitment to empowering and uplifting women in our community. We had the privilege of meeting with the President of IWS, Mrs. Olufunke Oduwole, and making a donation to support the impactful work the organization is […]
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KBL Insurance unveils insurance product for travellers

KBL Insurance Limited has launched its new Travel Insurance product, effective September 23. In a statement on Monday, the firm noted that the offering was designed to provide travellers with a safety net, covering an array of risks associated with travel, including trip cancellations, medical emergencies, baggage loss, and flight delays. KBL Insurance stated that […]
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Insurer gets NAICOM’s nod to underwrite agricultural business

KBL Insurance Limited has secured the approval of the National Insurance Commission (NAICOM) to underwrite agricultural risks in the country. The ‘no objection’ nod will enable the organisation to support farmers and service providers in the agricultural value chain for greater sustainability and economic growth. With the approval, the underwriter has introduced poultry insurance, multi-peril […]
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Underwriter assures policyholders of prompt claims payment

An underwriting firm, KBL Insurance Limited, has assured insurance policyholders of prompt claim settlement. This comes as Executive Director of Business Development and Operations, Charles Ajawihe, called on Nigerians to take advantage of insurance products in their day-to-day activities. Ajawuihe, said to make the prompt claims settlement happen, the underwriter has made a huge investment […]
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