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NEM INSURANCE PLC started insurance business in Nigeria in 1948 through the agency of Edward Turner & Co. It became a Nigerian branch of NEM General Insurance Association Limited of London in 1965. Incorporated in 1970 as a Nigerian company in compliance with the Companies Decree of 1968, the company became quoted on the Nigerian Stock Exchange in 1989 following the privatization by the Federal Government of Nigeria. The company, which has contributed immensely towards the growth of Insurance Industry in Nigeria, was into Life and Non- Life business. Following the recapitalization exercise in 2007, the company merged with Vigilant Insurance Company Ltd to transact all classes of General Insurance.

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Latest News

  • Tope Smart Bags UNILAG Alumni Recognition Award

    L-R: Gboyega Oyetola, Governor, Osun State presenting the Alumni Recognition award to ...

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  • NEM Promote Healthy Workforce With Fitness Walk

    L-R: Susan Abisola Giwa-Osagie, Deputy Managing Director, NEM Insurance Plc; Idowu Semowo, ...

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  • Smart becomes AIO vice president

    The African Insurance Organisation (AIO) has appointed the Chairman of Nigeria Insurers ...

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  • NEM to stand alone on recapitalisation

    NEM Insurance Plc will not merge or acquire any insurance company but ...

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  • NEM Appoints Papa Ndiaye and Kelechi Okoro As Non Executive Directors

    We hereby notify the Exchange that the Board of Directors of NEM ...

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  • Insurance industry gives FG N500m to fight COVID 19

    The Nigerian Insurers Association has donated N500m to the Federal Government ...

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  • NEM Insurance Records 31.3 percent Growth In Premium Income FY19 Pays N7.4bn Claims Offers Investors N0.15kobo Dividend

    Top underwriter NEM Insurance Plc on Thursday has recorded a growth of 31.3 ...

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  • Insurance Milestone A Beacon To Follow

    Nigeria Insurance industry closed the performance sheet of the 2019 on high success ...

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  • NEM Insurance Hopes To Surpass Q4 2019 Profit By 35.88 percent In Q4 2020

    Lead Underwriter NEM Insurance Plc, said it expects to grow its profit ...

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  • Notice of Extra Ordinary General Meeting

    NOTICE IS HEREBY GIVEN that an Extra Ordinary General Meeting of NEM ...

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  • Notice of 51st Annual General Meeting

    Notice is hereby given that the 51st Annual General Meeting of Nem ...

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  • NEM Insurance Laces All Dimensions Of Operations With N5.08bn Profit.

    NEM Insurance Plc has announced the performance for 2020 operations which surged above ...

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  • NEM Insurance pays N8.4bn claims

    The total gross claims paid by NEM Insurance Plc rose by 15 per ...

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  • AIO President Urges Insurers To Take Advantage Of AfCFTA Benefits Visits NIA Nambia Regulator

    BY NKECHI NAECHE-ESEZOBOR–Worried by the low awareness and penetration in Africa, ...

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