Kindly leave a comment and share • Delphine Traoré is the Africa CEO Forum award winner for The CEO of the Year 2023 • She is the first female CEO of a leading insurance company operating in 14 African countries • She is recognized by her peers for negotiating a […]
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NAICOM partners NITDA to institutionalise cyber insurance
Kindly leave a comment and share The Management of the National Information Technology Development Agency (NITDA) led by its Director General/CEO, Kashifu Inuwa Abdullahi, paid a courtesy visit to the National Insurance Commission, NAICOM today. A statement by NAICOM said the team was received by the Commissioner for Insurance/Chief Executive […]
Children’s Day: Stanbic IBTC reaffirms unwavering commitments to upliftment, empowerment of Nigerian child
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Holdings, a member of Standard Bank Group, has joined the rest of the nation to celebrate this year’s Children’s Day and reaffirm its unwavering commitment to the upliftment and empowerment of the Nigerian child. During its Blue Kids event, […]
Insurance industry think-tank with Jegede Olatunji
Kindly leave a comment and share In specific terms how can governments help promote insurance growth and development? It is imperative that government had made some products compulsory, but enforcement is not there . To show commitment to the growth of the insurance, government herself must be a good example […]
NSIA Insurance delights policyholders with N8.81bn claims in 2022, as shareholders get 2.2kobo dividend
Kindly leave a comment and share Chuks Udo Okonta NSIA Insurance Limited, said it posted a gross premium written of N18.02 billion in year 2022. The composite insurance company said its customers also got their benefits, as N8.81 billion was paid in claims, while shareholders enjoyed a dividend payment of […]
Agricultural insurance premiums in Africa less than 0.7% of world’s total – Africa Re. CEO
Kindly leave a comment and share Chuks Udo Okonta With Agricultural insurance premiums in Africa estimated to be less than 0.7% of the world’s total, insurers, insurance regulators and governments cannot be satisfied with what has been achieved so far in agricultural insurance, says Dr Corneille Karekezi, group managing director […]
Communique from this week Insurance industry think-tank developmental research initiative
* There is need to include Health insurance as part of compulsory insurances in Nigeria. * Government should provide accurate data to aid insurance growth. * Clients needs and satisfaction should be esteemed during insurance product design and development. * Issues of fraudulent claims should be tackled through insurtech. * […]
CIIN volunteers teach insurance in Lagos secondary schools
Kindly leave a comment and share Chuks Udo Okonta Chartered Insurance Institute of Nigeria (CIIN), the education arm of insurance industry in partnership with some volunteers have commenced the teaching of Insurance as a subject in secondary schools across Lagos State. The Institute, commenced project with volunteers who saw teaching […]
Policyholders seek subvention on premium paid without claims
Kindly leave a comment and share Chuks Udo Okonta Insurance policyholders are clamouring for subvention for an insured who consistently insured for three to five years, but without a claim within the period. Speaking during a courtesy visit by members of Insurance and Pension Editors of Nigeria (IPEN) to the […]
AIICO Insurance reacts to misleading allegations on contract breach
Kindly leave a comment and share Our attention has been drawn to a widely circulating story on some online media with the headline “Lagos lawyer drags AIICO Insurance company to court over breach of contract,” which we find to be sensational and misleading. It is important to clarify that the […]