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 […]
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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 […]
NAICOM confirms Dr. Joyce Odiachi as Group Head Technical & Operations of Cornerstone Insurance
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has confirmed the appointment of Dr. Joyce Odiachi as the Group Head Technical & Operations of Cornerstone Insurance Plc. Dr. Joyce Odiachi is a seasoned insurance practitioner of over 22 years experience with proven expertise in […]
Friendliness in claims payment
The most impactful period for the insurance industry to show friendliness is at the time of a claim when the customer is in stress and in grief, facing a loss situation. Former Ekiti State Young Progressive Party Guber candidate/Consulting Actuary, Prince Debo Ajayi
Expert implores insurance practitioners to show friendliness in time of claims
Kindly leave a comment and share An actuary has said the most impactful period for the insurance industry to show friendliness is at the time of a claim when the customer is in stress and in grief, facing a loss situation. The former Ekiti State Young Progressive Party Guber candidate/Consulting […]
Shareholders applaud Premium Pension’s N1tn asset under management success
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, one of the leading Pension Fund Administrators (PFAs) in the Country attainment of N1.000.41 trillion Asset Under Management (AUM) at the end of 2022 financial year despite increasing economic challenges and stiff competition in the industry, has delighted […]
