Insurance Claims On #EndSARS Protest Destruction Hit N9bn

Insurance claims resulting from destruction during the #EndSARS protests have risen to N9 billion, LEADERSHIP has learnt. The industry, as at first quarter of this year (2021) paid N4 billion, and an additional N5 billion between then and now. The N9billion claims, findings showed, was paid to policyholders who suffered losses from the lootings and destructions that marred the #EndSARS protests in October 2020. Data sourced from the Nigerian Insurers Association (NIA) yesterday showed that three death claims were paid while claims were paid on property losses. Similarly, underwriting firms…

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