International Energy Insurance spends N1.3bn to clear outstanding liabilities

International Energy Insurance (IEI) Plc says it has spent over N1.3 billion to clear all its outstanding liabilities in terms of claims, taxation, pension, staff salaries and commission to brokers.

Mr Supo Sogelola, the Managing Director/Chief Executive Officer (CEO) of the insurance company said this in an interview with the News Agency of Nigeria (NAN) on Saturday in Lagos.