Kindly leave a comment and share The National Insurance Commission (NAICOM) has accepted to lead discussion at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and Oil and Gas Sector. A statement by the Chief Executive Officer, STANMEG Communications, Margaret Yemisi Izuora, said the Commissioner […]
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Old Mutual Nigeria celebrates parent company’s 178 years of financial service heritage
Kindly leave a comment and share Old Mutual Nigeria Life Assurance Company Limited and Old Mutual General Insurance Company Nigeria Limited, subsidiaries of Old Mutual Limited (OML), Africa’s foremost provider of innovative financial, investment and insurance solutions, joined other African subsidiaries and affiliates to celebrate the parent company’s 178 years […]
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Stanbic IBTC Pension Managers educates RSA holders on early retirement planning, investment strategies
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings PLC, recently organized a series of pre-retirement seminars in three states across the federation – namely Edo, Plateau, and Oyo States, from 11 May to 25 May 2023. At these […]
Insurance industry think-tank with Akinjide Orimolade
In specific terms how can governments help promote insurance growth and development? Financial literacy – Promoting financial inclusion and literacy is crucial for fostering insurance growth and development. Governments can play a significant role by investing in comprehensive public awareness campaigns that educate citizens about the advantages of insurance. Additionally, […]
NAICOM woos insurance brokers for five core mandates
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is seeking the understanding of insurance brokers so as to achieve five core mandates. According to NAICOM the mandates include: Projecting the additional values created by the new regime of third-party motor insurance cover; the NAICOM […]
Top 15 insurance companies in Africa
Kindly leave a comment and share 1. Sanlam Group (South Africa) Sanlam is a leading African insurance company with a rich history spanning over a century. With a diverse range of insurance products and financial services, Sanlam has built a strong reputation for its solid financial standing and customer-centric approach. […]
Subsidy removal could relegate insurance demand, NAICOM warns
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said the recent subsidy removal by the federal government exacerbates the need to project the value proposition of insurance beyond the conventional perception, as there will be a “complex rationing” which could further relegate insurance […]
Vehicles should be parked at insurance risk not owners – Igbrude
Kindly leave a comment and share Chuks Udo Okonta The National Coordinator Independent Shareholders Association of Nigeria (ISAN) Moses Igbrude, has charged insurance practitioners to rephrase the caution sign – ‘Vehicles parked at owners risk’ to ‘Vehicles parked at insurance risk’ as it is their obligations to provide cover for […]