Kindly leave a comment and share Chuks Udo Okonta At a time most workers are worried about their retirement, only 46 Retirement Savings Account (RSA) holders in state governments’ employment are leveraging Voluntary Contributions (VC) to plan, even as 46,911 of their counterparts in federal and private sector have saved […]
Author: admin
Insurance customers only get 24% benefits from premium – Expert
Kindly leave a comment and share Chuks Udo Okonta For every N100 of premium collected from insurance customers in Nigeria, the industry gives back only N24 in customer benefits, former Ekiti State Young Progressive Party Guber candidate/Consulting Actuary, Prince Debo Ajayi, has said. He said this while speaking on a […]
NCC renews commitment to industry collaboration, inclusiveness
Kindly leave a comment and share The Nigerian Communications Commission (NCC) has said it would continue to consult stakeholders on issues affecting telecommunication services deployments and developments, in line with its culture of inclusiveness, collaboration and partnership as predicated in its strategic focus. The Executive Vice Chairman of the Commission […]
Stanbic IBTC gets kudos for agribusinesses support
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has been recognized for its continued financial support to players in the agricultural sector in Nigeria. Sayed Farms Limited, producer and distributor of Day-old-Chicks and frozen poultry products across the country has […]
Photos: Linkage Assurance staffer Coker Faidat emerges CIIN Ambassador
Insurers reap N83.67bn premium from annuity in 2022
Kindly leave a comment and share Chuks Udo Okonta Annuity business contributed gross premium income of N83.67 billion, which is 26.9 per cent of N309.9 billion generated from life underwriting in 2022, National Insurance Commission (NAICOM) has said. NAICOM stated this in Bulletin of the Insurance Market performance for fourth […]
Efekoha’s WAICA Presidency: Icing on a flourishing insurance career
Kindly leave a comment and share Tope Adaramola In the words of Kenneth D. Mclroy in his stimulating book The Pragmatic Leader “The key to moving yourself off starters block is to decide to take action to continually improve yourself, establish new goals in life and continue to act on […]
Thomas, Omosehin, Osijo bag ILAN’s honorary fellowship award
Kindly leave a comment and share Chuks Udo Okonta The Institute of Loss Adjusters of Nigeria (ILAN) has conferred honorary fellowship award on Commissioner for Insurance Sunday Thomas; Chairman, Nigerian Insurers Association (NIA) and past/first lady President, Nigerian Council of Registered Insurance Brokers (NCRIB) Mrs. Laide Osijo. The conferment was […]
Insurance industry generates N726.2bn gross premium in 2022
Kindly leave a comment and share Chuks Udo Okonta Insurance industry generated about N726.2 billion gross premium income in 2022, the National Insurance Commission (NAICOM) has said. NAICOM stated this in Bulletin of the Insurance Market performance for fourth quarter of 2022, adding that the industry also paid N318.2 billion […]
Friendliness ‘ll enhance reputation, image of insurance industry – Expert
Kindly leave a comment and share Chuks Udo Okonta Friendliness will enhance the reputation and image of insurance industry to be at par with banking industry and attract respect of all stakeholders, former Commissioner for Trade, Investment and Innovations, Ekiti State, Prince Debo Ajayi, has said. He said this at […]