Kindly leave a comment and share Chuks Udo Okonta Insurance sector’s growth fell by 7.25 per cent in the first quarter of 2023, National Bureau of Statistics (NBS) has said. The NBS in its ‘Nigeria Gross Domestic Product Q1, 2023’ said the finance and insurance sector consists of two subsectors […]
Author: admin
Nigerian Brokers dominate AIBA Exco, as Babajide Olatunde-Agbeja hands over to Shaibu Alli
Kindly leave a comment and share Chuks Udo Okonta The baton of leadership of the African Insurance Brokers Association (AIBA) has been handed over by Chief Babajide Olatunde-Agbeja to Shaibu Alli if KEK Insurance Brokers Ltd of Ghana, while other executive members were also elected to run the affairs of […]
AIO President tasks insurers to help address food security in Africa
Kindly leave a comment and share Insurance industry has an important role to play in addressing food security in Africa and should be seen as an integral part of the agricultural system, President, African Insurance Organisation, Dr. Ben Kajwang, has said. He disclosed this in his opening speech at the […]
Meet Insurance trailblazer – Ekerete Ola Gam-Ikon
Kindly leave a comment and share What drives your motivation about insurance? Empathy for People who lack knowledge of insurance and its benefits. With insurance, people can have a financially secured life but they just do not know, I saw this gap in the course of my working experiences and […]
Sanlam General Insurance grows profit by 31%, pays N10.5bn claims in 5 years
Kindly leave a comment and share Sanlam General Insurance Nigeria Limited, a member of the largest Insurance group in Africa is committed to providing unparalleled financial confidence to its customers, the last five years has seen Sanlam General Insurance sustain a year-on-year surge in its Gross Premium Written (GPW) amid […]
Insurance industry think-tank with Dr. Fatai Lawal
Kindly leave a comment and share In specific terms, how can governments help promote insurance growth and developments? * Effective, efficient supervision and resolve broader policy challenges such as inclusive economic developments, sustainability, climate risk and digitalisation. * Inclusive support to the industry to enable it play a significant role […]
National Assembly workers exempted from CPS
Kindly leave a comment and share Chuks Udo Okonta Immediate past President, Muhammadu Buhari has assented to the National Assembly Service Pensions Board bill that exempted assembly workers, and others from the mandatory Contributory Pension Scheme (CPS). A Statement by Senator Babajide Omoworare, said in furtherance of the provisions of […]
Inspenonline to unveil insurance industry think-tank research initiative
Kindly leave a comment and share Blessing Okonta Determined to build a knowledge bank for the insurance industry, Inspenonline is set to unveil a think-tank developmental research initiative that would give all stakeholders an opportunity to make positive contributions on how best to grow underwriting operations. The Publisher/Editor Inspenonline, Chuks […]
AIICO Insurance supports less privileged on Children’s Day celebration
Kindly leave a comment and share Chuks Udo Okonta As the world celebrates Children’s Day today, AIICO Insurance Plc has used the occasion to spread love, hope and inspire the less privileged children to look beyond their circumstances whilst pursuing their dreams. The underwriting firm organised an event to mark […]
NIA kicks against underselling of motor rates, threatens to drag insurers before NAICOM
Kindly leave a comment and share The Nigerian Insurers Association (NIA) said it has received reports that some insurance companies are selling motor insurance policy below approved rates and threatened to report defaulters to National Insurance Commission (NAICOM). The Director-General of NIA, Mrs. Yetunde Ilori, stated this in a circular, […]