The Nigerian Insurers Association (NIA) has expressed sympathy to individuals, families, and businesses affected by the September 16 fire outbreaks at Afriland Towers and Emab Plaza in Lagos.
In a statement issued on Thursday, NIA Chairman Kunle Ahmed said the association mourned the loss of lives and property and stood in solidarity with victims of the incidents.
Ahmed confirmed that insurers providing coverage for the affected buildings had been identified and assured that valid claims would be promptly settled.
“Losses covered under valid insurance policies will be duly compensated by the respective insurance companies,” he said. “The industry remains committed to upholding its promise of protection and financial recovery in times of crisis.”
The NIA urged the public and business owners to embrace insurance as a key tool for risk management and resilience, stressing that unforeseen disasters highlight the importance of adequate coverage.