Nigerian Loss Adjusters Secure Professional Fee Increase After Three-Decade Stagnation
Nigerian loss adjusters have secured a long-awaited upward review of their professional fee structure, ending a 33-year period of stagnant rates that had significantly hampered the sub-sector’s operational efficiency. The adjustment, finalized in early 2026 following extensive negotiations between the Institute of Loss Adjusters of Nigeria (ILAN) and the Nigerian Insurers Association (NIA), marks a […]