Top PFAs on RSA registration

Leave a comment and share Chuks Udo Okonta The Pension industry has continued to gain popularity as Pension Fund Administrators (PFAs) received more Retirement Saving Account (RSA) holders. According to information obtained by Inspenonline, Stanbic IBTC Pension Managers Limited, as at the end of the second quarter 2017, retained its leadership position in the industry […]

Recapitalisation: 5 Insurance Companies To Raise N20bn

By ZAKA KHALIQ, Lagos – Five of the listed insurance companies on the floor of Nigerian Stock Exchange (NSE) are making frantic move to raise N20 billion from new and existing shareholders, LEADERSHIP investigations have revealed. This, it was learnt, is in a bid to recapitalise and become stronger to play active roles in insurance […]

Anchor Insurance pays N3.6k dividends

Managing Director/CEO, Anchor Insurance Limited, Adeduro Mayowa; Chairman, Dr. Elijah Akpan and Company’s Secretary/Legal Adviser, Barr. Ime Umoh at the event. Leave a comment and share Chuks Udo Okonta Anchor Insurance Company Limited which held its 27th Annual General Meeting (AGM) recently at the Le Meridian Ibom Hotel and Golf Resort in Uyo, Akwa Ibom […]

Insurers backtrack after failed attempt to secure N50m rebranding support from NAICOM

Leave a comment and share Chuks Udo Okonta Insurance operators have gone back to the drawing table to brainstorm how to raise parts of the N250 million required to propel the industry’s planned rebranding project after they were unable to convinced the National Insurance Commission (NAICOM) on why it should contribute N50 million (20 per […]

Trump to end key Obamacare subsidies; insurers likely to flee

In a brash move likely to roil insurance markets, President Donald Trump will “immediately” halt payments to insurers under the Obama-era health care law he has been trying to unravel for months. Before sunrise Friday morning, Trump went on Twitter to urge Democrats to make a deal: “The Democrats ObamaCare is imploding,” he wrote. “Massive […]

NAICOM, PenCom, Lagos State endorse NAIPCO confab

.As Dele Fajemirokun chairs occasion Leave a comment and share The National Insurance Commission (NAICOM), National Pension Commission (PenCom) and Lagos State Government have endorsed the upcoming 2017 Conference of the National Association of Insurance and Pension Correspondents(NAIPCO). The conference is billed to hold on 25th of October, 2017, at Oriental Hotel, Victoria Island, Lagos. […]

Photo: Faces at Law Union & Rock Insurance Customer Service Week

From left: Steve Ajudua – Chief Marketing Officer, Jide Orimolade – Managing Director/CEO, Olasupo Sogelola – Executive Director, Technical & Operation attending to walk-in Customers at their Head Office in Lagos to celebrate Customer Service Week

TEXT OF PRESS STATEMENT DELIVERED BY THE PRESIDENT OF THE NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS, MR. EMMANUEL KAYODE OKUNOREN, FCIB AT THE VALEDICTORY PRESS BRIEFING HELD AT THE NCRIB HOUSE, 58 MOLEYE STREET, ALAGOMEJI, YABA, LAGOS

From left: Vice President, Nigerian Council of Registered Insurance Brokers, Mrs. Bola Onigbogi; Permanent Secretary, Lagos State Ministry of Finance, Mr. Tunde Ogunleye; President, NCRIB, Mr. Kayode Okunoren and Deputy President, Mr. Shola Tinubu during a courtesy visit of NCRIB team to Lagos State Ministry of Finance. TEXT OF PRESS STATEMENT DELIVERED BY THE PRESIDENT […]

Photo: NIA delegates to 2017 Nigerian Economic Summit in Abuja

From right: Chairman, Nigerian Insurers Association, Eddy Efekoha and Director General of the Association, Mrs Yetunde Ilori, at the 2017 Nigerian Economic Summit in Abuja

NAICOM plans stringent rule for brokers licence renewal

Leave a comment and share Chuks Udo Okonta Barring any change, Insurance brokers with 50 per cent of total income from a client would be denied renewal of their operating licences. Inspen authoritatively gathered that the National Insurance Commission (NAICOM) is planning to evolve a guideline which is in line with the insurance market development […]
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