Details from the audited financial statements showed that the highest claims payout was recorded in the motor insurance segment.
NEM Insurance Plc has reaffirmed its commitment to supporting women and promoting gender inclusion.
The Nigerian Exchange Ltd rebounded on Tuesday, reversing several days of bearish trends, with a gain of N101 billion.
Specifically, the market capitalisation opened at N54.317 trillion, gained N390 billion or 0.72 per cent, and closed at N54.707 trillion.
Similarly, the market capitalisation, which opened at N49.284, rose by N1.005 trillion or 2.04 per cent to close at N50.289 trillion.
The downturn was due to sell-offs in tier-one banks and industrial stocks such as Zenith Bank, Stanbic Bank and BUA Cement.
The bullish trend was due to bargain-hunting in shares of MTN Nigerian Communications (MTNN) and seven other companies.
Market breadth closed positive with advancing 16 stocks outnumbering 13 declining ones.
The loss was driven by price depreciation in FBN Holdings, Access Holdings and WAPCO.
The All Share Index (ASI) lost by 0.14 per cent to close at 53,193.98 points from 53,270.88 points the previous day.
