Kindly comment and share The global economy faces a perfect storm of stubborn inflation, high interest rates in key economies, trade wars, supply chain difficulties and fallout from the Ukraine crisis which has heightened geopolitical risks. This is having a big impact on emerging and developing market economies, including African […]
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Eyean Secondary School Benin City wins CIIN insurance awareness competition
Kindly leave a comment and share Chuks Udo Okonta Eyean Secondary School, Benin City, Edo State, has won the Chartered Insurance Institute of Nigeria (CIIN) Secondary School Insurance Awareness Competition. The school came top amongst the 10 secondary schools that participated in the competition, which held today at Imaguero School […]
Hope dashed, as consolidated insurance bill missed out of eight signed into law
Kindly leave a comment and share Chuks Udo Okonta Insurance stakeholders’ hope for a new law to prop activities in the industry to lofty heights seemed dashed as Consolidated Insurance Bill was left out of the eight signed into law yesterday, by outgoing President, Muhammadu Buhari The President had assented […]
NEM Insurance goes for Life Company
* Pays 30kobo dividend Kindly leave a comment and share Chuks Udo Okonta NEM Insurance Plc has said that as part of its strategy for expansion, it plans to have a viable life company stands. The Chairman NEM Insurance Plc, Dr. Fidelis Ayebae, disclosed this at the 53rd Annual General […]
NEM Insurance wipes policyholders tears with N12.3bn claims payment
Kindly leave a comment and share Chuks Udo Okonta Many insurance policyholders, who suffered losses last year, were comforted as NEM Insurance Plc, wiped their tears with N12.3 billion claims payment. Chairman Board, NEM Insurance Plc, Dr. Fidelis Ayebae, disclosed this at the 53rd Annual General Meeting (AGM) of the […]
Call for declaration of state of emergency on Nigerian insurance industry
Kindly leave a comment and share Paschal Emeka Egerue FIIN, FCIB. The commendable role of National Insurance Commission (NAICOM) in Market Development and Restructuring Initiatives (MDRI) will always be applauded. NAICOM’S further steps in the digitisation of interface with key market stakeholders and making critical returns and responses seamless online […]
Anxiety as stakeholders await presidential verdict on Consolidated Insurance Bill
As the clock ticks for President Muhammadu Buhari to leave office, on May 29, 2023, stakeholders in the insurance industry seemed to be sitting on the edges of their seats, while awaiting what becomes of the Consolidated Insurance Bill 2020, which was conceived to transform underwriting practice in Nigeria. Chuks […]
Sovereign Trust Insurance records N15.2bn gross premium written in 2022
Kindly leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc, (the Company) recently released its 2022 audited financials to the general public having gotten the requisite approval from the Industry’s Regulatory Authority, National Insurance Commission, NAICOM. A statement by the firm’s Deputy General Manager/Head, Corporate Communications & […]
Photos: Faces at 53rd annual general meeting of NEM Insurance Plc today in Lagos
CIIN releases 2023 April diet examination results
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has released results of 2023 April diet examination results. The General-Director of CIIN, Mrs. Abimbola Tiamiyu, disclosed this in a statement, she on behalf of the President/Chairman of Council of the Institute, Edwin Igbiti, […]
