Kindly leave a comment and share Chuks Udo Okonta The Funmi Babington-Ashaye (FBA) Foundation has held its Second Cohort Induction as part of its activities to mark this year’s International Women Day celebration just as it advocated for equality in the workplace. In her opening remarks at the event which […]
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NCC debunks alleged telephone tracking, leakage
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Communications Commission (NCC) has debunked allegations on tracking and leaking telephone conversations of Nigerians. A statement by Director, Public Affairs, Nigerian Communications Commission, Reuben Muoka, said NCC has been inundated with enquiries by the media on allegations of telephone […]
NCC recommends two-factor authentication to secure WhatsApp
Kindly leave a comment and share The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has recommended that users of the popular messaging app, WhatsApp, set up Two-Factor Authentication (2FA) to avoid falling victim to account takeover by hackers. In an advisory issued on Tuesday, NCC-CSIRT noted that WhatsApp, […]
PenOp engages Leadway Assurance, two others to provide health insurance cover for micro pension contributors
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Operators Association of Nigeria (PenOp) has engaged three service providers – Leadway Assurance Company; Tangerine Life Insurance and AXA Mansard Health Insurance to provide health insurance cover to Micro Pension (MP) contributors, Inspenonline can report. The provision of health […]
Leadway Assurance gets applause on N104.4bn premium generated in 2022
Kindly leave a comment and share Chuks Udo Okonta Insurers, brokers and other stakeholders are pouring encomium on Leadway Assurance Limited on its N104.4 billion premium income generated in 2022. Leadway Assurance set a record in the Nigeria’s insurance market by becoming the first company to cross 3-digit billion mark […]
Shareholders eye good dividends from new motor insurance premium
Kindly leave a comment and share Chuks Udo Okonta Shareholders have expressed their desire for dividends from the increase in motor insurance premium. The National Insurance Commission (NAICOM) had on January 1, this year mandated insurers to sell third party policy for N15,000 as against N5,000 and comprehensive policy for […]
Leadway Assurance makes history as total premium hits N104.4bn, pays N57.5bn claims
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance Limited has set a record as it became the first Nigerian company to cross 3-digit billion mark with total premium collection of N104.4 billion in 2022, of which Gross Written Premium GWP) is N92.5 billion, Savings & Investment is […]
Expert drums consideration of actuaries for business development than regulatory compliance
Kindly leave a comment and share Chuks Udo Okonta Most insurers in Nigeria see actuaries mostly in the context of regulatory compliance and rarely for business development and management, former Ekiti State Young Progressive Party Guber candidate/Consulting Actuary, Prince Debo Ajayi, has posited. He said this at an event in […]
Insurers adopt installment to keep motor underwriting business
* Promote hybrid third party policy Kindly leave a comment and share Chuks Udo Okonta Three months into the implementation of new motor insurance premium, many companies underwriting motor business have resorted to installment to enable them keep their policyholders amid the increase of vehicle insurance premium. The National Insurance […]
Union Homes: Minority shareholders accuse Aso Savings of governance failure, asset stripping
*Petition SEC, FRCN & CAC Kindly leave a comment and share Minority shareholders in Union Homes Savings & Loans Plc, represented by the Independent Shareholders Association of Nigeria (ISAN), have accused Aso Savings & Loans Plc of a considerable breach of corporate governance rules and asset stripping in its management […]