Kindly leave a comment and share Chuks Udo Okonta The newly elected President of West African Insurance Companies Association (WAICA) Eddie Efekoha, has unveiled his vision aimed at repositioning the association. Efekoha, who unveiled the vision in his acceptance speech as the 40th President of the association noted that he […]
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Great Nigeria Insurance parades pocket friendly retail products to mitigate risks
Kindly leave a comment and share Chuks Udo Okonta Great Nigeria Insurance Plc, one of the most efficient underwriting firms in the country, in its bid to deepen insurance penetration has re-launched affordable retail insurance products, which were borne out of the need to assist policyholders even to the grassroots […]
NECA visits NAICOM to canvass sensitisation on enhanced 3rd party motor insurance, group life
Kindly leave a comment and share Chuks Udo Okonta The Nigeria Employers’ Consultative Association (NECA) led by its Director General Adewale Smatt-Oyerinde, yesterday visited the National Insurance Commission (NAICOM) in Abuja. The team was received by the Commissioner for Insurance Sunday Thomas and his management team. The purpose of the […]
NAICOM to drive innovation with release of insurance regulatory sandbox operational guidelines
* Unveils Market Conduct Guidelines for Takaful and Retakaful Insurance Operators •Enterprise Risk Management Framework for Takaful and Retakaful Operators in Nigeria. Kindly leave a comment and share Chuks Udo Okonta To encourage innovation that would drive financial inclusion and positive competition, National Insurance Commission (NAICOM) has released the insurance […]
NAICOM hints shareholders how to prevent companies from collapse
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has charged shareholders of insurance companies to elect competent individuals as board members and engage on regular performance evaluation to save their firms from collapse. Commissioner for Insurance Sunday Thomas, said this when members of Independent […]
Stanbic IBTC Bank enabling pension contributors’ dream of becoming homeowners
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, on the advice of the Central Bank of Nigeria, is one of the banks processing specialized mortgage loans for Pension contributors. The Bank announced that its clients were amongst the first […]
NAICOM tasks shareholders to be abreast with IFRS 17 for effective financial analysis
Kindly leave a comment and share Chuks Udo Okonta As stakeholders in the insurance industry await commencement of International Financial Reporting Standard (IFRS) 17, by June 2023, the National Insurance Commission (NAICOM) has tasked shareholders to educate themselves so that they can effectively monitor financial positions of their companies. Commissioner […]
Insurers, brokers retool at BIBA confab in UK
Kindly leave a comment and share Chuks Udo Okonta Over 40 Nigerian Delegates drawn from Insurance Companies and Insurance Brokers under the aegis of the Nigerian Council of Registered Insurance Brokers (NCRIB) attended the 2023 British Insurance Brokers Conference (BIBA), held in Manchester City, United Kingdom to refresh their knowledge. […]
Sanlam Life donates to 5 orphanages
Kindly leave a comment and share In line with its Corporate Social Responsibility exertions, Sanlam Life Insurance Nigeria Limited, formerly known as FBN Insurance Limited, recently donated cardigans and cash to five orphanages in Jos, Plateau State. A statement Senior Marketing Services Coordinator, Sanlam Life Insurance Nigeria Limited, Bankole Banjo, […]
