Allianz Nigeria employees get badged by Allianz Academy

Leave a comment and share Chuks Udo Okonta With a view to strengthening the competencies of employees, over a dozen members of staff at Allianz Nigeria enrolled towards being badged by the Allianz Underwriting Academy. Technical team members at Allianz Nigeria have been admitted into the prestigious Academy in what will be the first phase […]

Old Mutual launches 2-in-1 savings plan

Alero Ladipo Old Mutual, has launched its 2-in-1 Savings Plan for customers in Nigeria, especially young professionals and families. With a minimum monthly contribution of N5,000, customers can save up funds for a period of five or 10 years to fund their future financial goals. The Company said the plan also gives the customer the […]

NAICOM underscores roles of stakeholders in adoption of IFRS 9

Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has stated its roles and those of underwriters in the adoption of the International Financial Reporting Standards (IFRS) 9. The Director, Inspectorate, NAICOM, Barineka Thompson, who listed the roles noted that insurance operators are to engage on awareness training for senior management […]

AIICO Insurance gets recertified for ISO 22301 by British Standards Institute

Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, has been recertified for the 2nd consecutive time for ISO 22301 by the renowned British Standards Institute, the global topmost ISO certification institution. A statement by AIICO’s Head, Strategic Marketing & Communications Department, Atinuke Jose, noted that AIICO was the first Insurance Company in […]

IFRS 9: NAICOM gets SEC, NSE nod for insurers to submit accounts by April

From left: Head, Lagos Control Office, National Pension Commission, Kenneth Egwu; Director, Inspectorate, NAICOM, Barineka Thompson; Deputy Commissioner for Insurance, Technical, Sunday Thomas and Head, Commissioner’ Office, Rasaaq ‘Salami at the event. Leave a comment and share Chuks Udo Okonta Determined to ensure insurance companies comply with the rules governing the International Financial Reporting Standards […]

Leadway Assurance unveils robust funeral insurance product

From left: Head, Life Retail Business, Bolorunduro Saliu; Head, Corporate Services, Olubunmi Adeleye; General Manager, Life Business, Tinashe Muyambo and Head, Sales & Distribution, Life Business, Oluwafemi Adebayo all of Leadway Assurance Company Limited during the unveiling of the ‘See-finish Campaign’ for the launch of the Leadway Family Benefit Plan Plus held in Lagos Leave […]

African Re announces 2019 edition of African Insurance Awards

The African Reinsurance Corporation (Africa Re) is pleased to announce the 5th edition of the African Insurance Awards. The objective of the Awards is to reward and celebrate innovation, good corporate management and good leadership in the African insurance industry. The 2019 edition will take place on Monday 10 June 2019 in Johannesburg, South Africa. […]

ARIAN eyes 10,000 members as experts implore agents to deepen penetration with technology

From left: Managing Director, ARM Life, Steve Alangbo; President, National President, Association of Registered Insurance Agents of Nigeria Ademola Fagbayi and Chairman of Council, Gbadebo Olameru at the event. Leave a comment and share Chuks Udo Okonta Insurance agents in the country have been implored to leverage technology to attract more policyholders into the insurance […]

IFRS 17 – A Welcome Advance That Puts Value Measures in Primary Accounts

The financial reporting of insurers has long been considered problematic for the image of insurers in financial markets, according to a new report by AM Best examining how IFRS 17 will bring consistency and more market-related values to insurance accounting. External financial reporting for insurers currently varies from country to country with relationships to market […]

Sovereign Trust Insurance hosts open golf tournament in Ibadan

Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance (STI) Plc is set to host the 7th edition of the Open Golf Tournament in the ancient city of Ibadan, Oyo State. A statement from the company noted that the event is scheduled to hold from March 22 – 24, 2019, at the […]
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