*60 customers win N6m in September draws Leave a comment and share Chuks Udo Okonta Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC has rewarded 60 of its new and existing customers with the sum of N6m for the September draws in its Reward4Saving Promo where the […]
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African insurers agree to leverage technology for integration of rural people
Leave a comment and share Chuks Udo Okonta Managers and executives of insurance, reinsurance firms auspices of the African Insurance Organisation (AIO) as well as relevant stakeholders have agreed to massively deploy technology to insure the uninsured in the grassroots across Africa. Industry operators after due consultations with other stakeholders […]
2021 NAIPCO national conference holds Thursday this week
Leave a comment and share The 2021 Annual Conference of the National Association of Insurance and Pension Correspondents (NAIPCO) is set to hold on Thursday, October 14, 2021 at Oriental Hotel, Lekki Road, Lagos. To this end, Insurance and pension stakeholders will converge at the conference to discuss on ‘COVID-19 […]
NAICOM moves to boost annuity business
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has asked insurance companies to share information on issues they are facing while underwriting annuity so as to deepen the annuity market space in the county and bring more clients to the industry. The Chairperson, Sub – […]
Welcome remarks by Deputy Commissioner for Insurance, Technical and opening remarks by the representative of the Conmptroller General of the Federal Fire Service at the sensitization workshop for Fire Service Officers on insurance of public buildings and buildings under construction above two floors in Abuja
WELCOME REMARKS BY THE DEPUTY COMMISSIONER FOR INSURANCE TECHNICAL , NATIONAL INSURANCE COMMISSION (NAICOM) AT THE SENSITIZATION WORKSHOP FOR FEDERAL FIRE SERVICE AND STATE FIRE SERVICE OFFICERS ON INSURANCE OF PUBLIC BUILDINGS AND BUILDINGS UNDER CONSTRUCTION ABOVE TWO FLOORS. Protocol. Good morning, Ladies and Gentlemen. It is my pleasure to […]
AfricInvest injects N3.6bn in Royal Exchange General Insurance
Leave a comment and share Chuks Udo Okonta Royal Exchange General Insurance Company (“REGIC”) on Wednesday, announced the acquisition of a minority stake worth N3.6 billion in the company by AfricInvest, a leading Pan-African asset management company. The investment was made through its evergreen private equity fund, FIVE, in the […]
Africa Re, IFC put smile on African farmers faces
Leave a comment and share Africa-Re’s partnership with IFC (A member of the world bank group) in March 2019 is strategic and symbolic. The Partnership aims at providing technical support to insurance companies for their agricultural line by using index-based agricultural insurance. This no doubt will trigger innovative and more […]
PenCom, EFCC push for eradication of pension fraud, as CPS assets exceed N13tn
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) today joined the Economic and Financial Crimes Commission (EFCC) in a sensitisation workshop on the eradication of pension fraud in Nigeria. The Director-General of PenCom, Mrs. Aisha Dahir-Umar, while giving her goodwill message at the event in […]
NAICOM implores AIO to court African governments’ support for insurance
Leave a comment and share Chuks Udo Okonta The call for governments across Africa to strongly support the insurance sector has once again been re-echoed. Suffice to state that insurance operators and regulators across the continent have agreed that the African insurance market is in dare need of serious collaboration […]
NSIA Insurance appoints Adesegun Akin-Olugbade as board chairman
Leave a comment and share Chuks Udo Okonta The Board of NSIA Insurance Limited, one of the leading providers of insurance and other financial services in Nigeria, today, announced the appointment of Dr. Adesegun A. Akin-Olugbade, OON as the new Chairman of the Board of Directors. Dr. Akin-Olugbade is a […]
