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Mutual Benefit PLC Pays N35.3 Billion Claims in Q3 2025, Providing Financial Relief

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Mutual Benefit PLC Pays N35.3 Billion Claims in Q3 2025, Providing Financial Relief

Mutual Benefit PLC announced that it paid a cumulative total of N35.3 billion in claims in Q3 2025, with N18.56 billion paid in non-life business and N16.79 billion in life subsidiaries. The company's management emphasized the importance of honoring claims promptly, reflecting a customer-centric approach.

Various claims were settled, including aviation-related incidents, fire losses, general accidents, marine claims, and motor claims, totaling N3.79 billion. This significant payout demonstrates the company's commitment to supporting policyholders during challenging situations.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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