SOVEREIGN TRUST PAYS #1BILLION CLAIMS IN NINE MONTHS

Date:

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.

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