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CIIN boss charts growth path for Staco Insurance
Kindly leave a comment and share Chuks Udo Okonta The President, Chartered Insurance Institute of Nigeria (CIIN) has charged the management of Staco Insurance Plc to work out new strategies; be diligent in all their ways and work as a team to enable them beat expectations. He gave the admonition […]
Emmanuel Eleoramo: Ruing exit of an insurance scholar, valuable icon
Tope Adaramola The empyrean of the Nigerian Insurance industry has again been depleted by one bright star, with the demise of Emmanuel Olutosin Eleoramo, who during his lifetime was an irrepressible figure in the industry and board rooms. A highly seasoned and cerebral practitioner of rare gene, Eleoramo is unarguably […]
NCC renews MoU with Lottery Commission
Kindly leave a comment and share The Nigerian Communications Commission, NCC, Wednesday in Abuja, signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission, NLRC, with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence sharing. Executive Vice Chairman of NCC, Prof. […]
Unhealthy competition pushes RSA transferred fund to N420.28bn
Kindly leave a comment and share Chuks Udo Okonta The quest by Pension Fund Administrators (PFAs) to get existing Retirement Savings Account (RSA) holders as against prospecting fresh contributors has pushed transferred pension fund to N420.28 billion. Inspenonline gathered that the quest now forces RSA holders to transfer their funds […]
How motorists with valid insurance policies ignorantly beg during accident
Insurance helps in the transfer of risks through payment of premium. It is therefore unimaginable to see motorists with valid insurance policies, which have enabled them transferred their risks to insurers, begging on the road when their vehicles hit other motorists. Chuks Udo Okonta in this report writes on how […]
PenCom clears 181 employers for Fed Govt business
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) as at January 13, 2023, has issued certificate of compliance to 181 employers to enable them transact business with the federal government. PenCom stated this in a document entitled: Schedule of Employers Issued with Certificate of […]
Okada riders to claim N1m third party damage with N3,000 policy
Kindly leave a comment and share Chuks Udo Okonta What problem can N3,000 solve in present day Nigeria? This question may be very difficult for many people to answer, but for insurers N3,000 can save a motorcyclist from fighting and begging when there is a damage on a third party […]
African investor, SUNU Group Chairman dies at 81
Kindly leave a comment and share Chuks Udo Okonta SUNU Group Management has announced the demise of the Founder and President of SUNU Group, Pathé DIONE. He passed away on Thursday January 12, 2023 at the age of 81 years. Pathé DIONE was an investor and eminent actor in the […]
Motorcycle underwriting to yield over N60bn premium yearly for insurers
Kindly leave a comment and share Chuks Udo Okonta Insurance operators stand to reap over N60 billion premium yearly from motorcycle underwriting business if they are able to provide cover for the over 20 million motorcyclists in the country. According to the President, National Commercial Motorcycle and Tricycle Owners and […]
