The
The company said this was in fulfillment of its obligations to its customers.
The Managing Director/Chief Executive Officer of the company,
She explained: "For us at
"Paying claims as due, therefore, is non-negotiable. Indeed, the bedrock of a sustainable insurance business is a mutually beneficial arrangement where the insured and the insurer both stick to their obligations to each other without fail."
She gave a breakdown of the payment across the company's business lines saying, "between the first of January and now, we have paid about N148.2 million to 155 individual life customers, N307.5 million to 141 Group Life claimants, N124.1 million to 168 Takaful claimants not forgetting some N387.3 million paid to our annuitants.
"We won't shirk our responsibilities; we have promised to remain with our customers for life, we will not relent on our oars as we continue to excite our policyholders," she said.
Incorporated in 1960,
Copyright This Day. Distributed by AllAfrica Global Media (allAfrica.com)., source