By Scroll Reporter, Lagos Nigeria.
Sovereign Trust insurance PLC said it paid #1billion. Claims between January and September last year.
According to a statement by the firm, the statement by the firm, the breakdown, of the figure shaved that motor insurance had the highest total claims of about #400 million.
Fire and allied perils claimed #250 million while #255 million was paid on general accidents claims.
Tajudeen Rufai Divisional Head, Technical said there is no compromise to claims settlement.