Insurance companies pay N9bn claims on deaths, property over #EndSARS

19 Oct Insurance companies pay N9bn claims on deaths, property over #EndSARS

Insurance companies under the aegis of the Nigerian Insurers Association have paid N9bn in claims to customers who suffered losses during the public protests against police brutality, also known as #EndSARS protests, in October last year. Today is the anniversary of the protest, which was marred by lootings, destructions and deaths.

A report from the operators shows that the claims were paid on three dead persons and other property losses.

According to the report, the insurance companies settled claims on 718 cases of vandalisation; 93 cases of looting; 113 cases of theft; and 136 cases of loss of cash.

Also, 99 claims were settled on malicious damage; eight on business interruptions; 455 on burglary attacks; and 912 on fire and burnt sites.