KBL Insurance pays N5bn claims, targets recapitalisation

Punchng | 21-05-2026 01:02pm |

KBL Insurance has disbursed over N5 billion in claims to its policyholders within a span of 16 months, demonstrating its dedication to fulfilling its obligations. In conjunction with this significant payout, the company is also progressing with its recapitalisation programme, which aims to strengthen its financial position and enhance service delivery. This initiative is part of KBL Insurance's broader strategy to ensure sustainability and growth in the competitive insurance market.

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