Royal Exchange General Insurance Pays N2.71 Billion Claims

Royal Exchange General Insurance Company, (REGIC), has said it paid out a total of N2.71 billion as claims to its corporate and individual clients at the end of the 2016 financial year.

Making this disclosure in Lagos, the Managing Director of REGIC, Mr. Benjamin Agili said his company’s focus is on prompt settlement of genuine insurance claims ,promising that this will continue to be the business philosophy of the company in years ahead.

He added the company will continue to support the business community as it strives to increase the manufacturing capacities of industries in the country.

According to Agili, “Royal Exchange has once again demonstrated its strength and ability to honour its financial obligations and also protect the interest of its various corporate and individual clients, as there is a conscious effort to have a genuine partnership with the clients based on trust and integrity, core values which was instilled by the founders of the company and have continued to drive the operations and strategic directions of the company.