Recapitalisation: NCRIB cautions brokers on placement of business with weak insurers

From left: Vice President, Nigerian Council of Registered Insurance Brokers (NCRIB), Rotimi Edu; Managing Director, NSIA Insurance, Mrs Ebelechukwu Nwachukwu; President, Mr Shola Tinubu; ; Client Executive Africa, Maxim Hammel and Deputy President, Dr (Mrs) Bola Onigbogi at the June Edition of NCRIB Members’ Evening held in Lagos Leave a comment and share Chuks Udo […]

Sovereign Trust Insurance opens N4.17bn rights issue

Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has announced the opening of rights issues for existing Shareholders, which commenced on Monday, June 24, 2019, and will run through July 31, 2019. Head of Corporate Communications & Brand Management of the underwriting firm, Segun Bankole, said the company is offering […]

NEM Insurance delights shareholders with N686.46m dividends

Shareholders at the event * pays 13 kobo per 50 kobo ordinary shares Leave a comment and share Chuks Udo Okonta NEM Insurance Plc has appropriated N686, 465,379 as dividends payable at 13 kobo per 50 kobo ordinary shares for its shareholders. The Chairman of the underwriting firm, DR. Fidelis Ayebae, disclosed this yesterday at […]

FIN Insurance holds brokers breakfast meeting

FIN Insurance is to brainstorm with brokers at a breakfast meeting and chart a way for improved customer relations and service delivery.

‘With just N5,000 premium you live with freedom’

Hassan-Odukale Leave a comment and share Chuks Udo Okonta Do you know that with N5,000 you can purchase an insurance policy that could save you of hassles and shame? Insurance in Nigeria has become affordable and easy to access. According to the Chairman, Sub-Committee on Publicity and Communication, Insurers Committee, Oye Hassan-Odukale, the “you are […]

NIA Chairman now Vice President AIO

Smart Leave a comment and share Chuks Udo Okonta The African Insurance Organisation (AIO) has appointed the Chairman of Nigeria Insurers Association (NIA) and Managing Director, NEM Insurance Plc, Mr Tope Smart has the Vice President of the Organisation. The appointment which took place at the just concluded AIO conference at the end of its […]

AIICO Insurance empowers LASU students on entrepreneurship development

Participants at the event. Leave a comment and share Chuks Udo Okonta AIICO’s free entrepreneurship development programme has recorded a milestone with the invitation by the Lagos State University, to train and empower students of the institution on entrepreneurship. A statement by the firm’s Head, Strategic Marketing & Communications Department, Segun Olalandu, noted that about […]

U.S. cyber insurance premiums doubled in four-year span, overall market tops $2bn

Direct premiums written in the U.S. cyber insurance market have more than doubled over a four-year span, to $2.0 billion in 2018 from $996 million in 2015, as insurers have increased their writings and expanded product offerings to meet an ever-growing demand, according to a new AM Best special report. In the new Best’s Market […]

Linkage Assurance eyes profitability, operational efficiency for increased shareholder value

* Pays N2.7 billion claims Leave a comment and share From left: Daniel Braie, Managing Director; Chief Joshua Fumudoh, Chairman; Moses Omorogbe, Company Secretary and Bernard Griesel, Non-Executive Director, all of Linkage Assurance Plc during the 25th Annual General Meeting of the company in Lagos. Linkage Assurance Plc says it will take advantage of opportunities […]

Insurance operators to brainstorm on impact of digital disruption, innovation at IICC confab

Leave a comment and share Chuks Udo Okonta The impact of digital disruption and innovation on the insurance industry and business will be the central focus at the 2019 National Insurance Conference, holding from Sunday June 30-July 2, 2019 in Transcorp Hotel, Abuja. According to a release signed by the Chairman of the National Insurance […]
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