Ghana, Togo, Benin owe Nigerian Insurers N200m brown card claims

Leave a comment and share Chuks Udo Okonta The National Bureaux of Ghana; Togo and Benin is owing the Nigerian National Bureau an outstanding claims amounting to N200 million, Inspenonline has learnt. The Secretary-General, Nigerian National Bureau, ECOWAS Brown Card Scheme, Mrs Henrietta Anyaoku, said this in a report presented to the Nigerian Insurers Association […]

NIID: Insurers get N153m from data uploads

Mrs Ilori Leave a comment and share Chuks Udo Okonta Proceeds from data uploads on the Nigerian Insurance Industry Database stood at N153.10 million in 2017, the Nigerian Insurers Association (NIA) has said. The association in its 2017 financial statements, said interest accrued on the NIID accounts was N3.06 million; disbursement during the year, N102.07 […]

Babington-Ashaye redefines role of women in corporate world

From left: Guest Speaker Oluwatoyin Sanni, Group MD, UBA Capital; Guest Speaker, Mojisola Bakare; Convener, Maureen Ada-Leonard; and chairperson Funmi Babington-Ashaye during Women Ignite the Power seminar in Lagos. * Calls for increased investment in girl-child education The 48th President and Chairman of Council, Chartered Insurance Institute of Nigeria (CIIN) has emphasised the importance and […]

Insurance brokers seek government patronage

From left: Deputy President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs Bola Onigbogi; Managing Director, AIICO Insurance Plc, Mr Edwin Igbiti; Paramount Ruler of Uyo, His Royal Majesty Edidem Sylvanus Okon JP, Nsobom Uyo the 7 in handshake with the President, NCRIB, Mr Shola Tinubu; Vice President, Mr Rotimi Edu and Honorary […]

FBNInsurance rewards outstanding salesmen with car, trip to Dubai

From left: Ndubueze Onyekachi of Aba Sales Region, overall winner, 2017 FBNInsurance Retail Awards, receiving the keys to a brand new car from Val Ojumah, MD/CEO, FBNInsurance at the firm’s annual retail awards in Aba. Leave a comment and comment Chuks Udo Okonta The management of FBNInsurance, in line with the company’s corporate strategy and […]

Old Mutual partners Ecobank on bancassurance

From left: Head, Consumer Products, Ecobank Nigeria Limited, Aderemi Sanusi; Head, Retail Mass Market, Old Mutual Nigeria Life Assurance Company Limited, Kayode Odetola; Head, Personal Banking, Ecobank Nigeria Limited, Ayo Osolake; Managing Director, Old Mutual Nigeria Life Assurance Company Limited, Keith Alford and Chief Transformation Officer, Ecobank Nigeria Limited, Unwana Esang during the Old Mutual-Ecobank […]

Insurers post N363bn premium in 2017

New NIA Chairman, Tope Smart, taking oath of office * Tope Smart now NIA Chairman Leave a comment and share Chuks Udo Okonta The volume of business written by insurance companies grew from N315.96 billion in 2016 to an estimated N363 billion in 2017, the former Chairman, Nigerian Insurers Association (NIA), Eddie Efekoha, has said. […]

African insurance firms urged to embrace digitization to curb fraud

African companies should collect and digitize their data with a view to ending fraud, improving product designs and offering tailored premiums, a Kenyan expert said on Tuesday. Kenya’s former ICT Permanent Secretary Bitange Ndemo told the Africa Insurance Summit underway in Nairobi that there is no legal fragment in Kenya to protect individual data from […]

FIRS refunds N1bn erroneous tax deductions to insurance companies

From left: Director General, Nigerian Insurers Association, Mrs Yetunde Ilori and Chairaman, Eddie Efekoha at the event. By Rosemary Onuoha THE Federal Inland Revenue Service, FIRS, has made tax refunds in excess of N1 billion to insurance companies. Chairman of Nigerian Insurers Association, NIA, Mr. Eddie Efekoha disclosed this at a media parley in Lagos, […]

Linkage Assurance names Daniel Braie Acting MD/CEO

Leave a comment and share Chuks Udo Okonta The Board of Directors, Linkage Assurance Plc has named Daniel Braie Acting Managing Director/Chief Executive Officer of the Company. He takes over from Dr Pius Apere whose appointment with the Company ended 21st June 2018. The decision follows an emergency board meeting held on the 21st June […]
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