Kindly leave a comment and share Chuks Udo Okonta Insurance companies paid 92.3 per cent of reported motor insurance claims as at third quarter of 2024, the National Insurance Commission (NAICOM) has said. NAICOM stated in the Synopsis of the Insurance Market in Third Quarter 2024, that the improvements in […]
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Three winners emerge in NCRIB LAC insurance teachers training initiative
Kindly leave a comment and share Chuks Udo Okonta Three Secondary School teachers have won the Nigerian Council of Registered Insurance Brokers Lagos Area Committee (NCRIB LAC) Train the Teachers Award. They are Emmanuel Jatto, of Greenville Liberty College Ogun State, who took the first position; Ifeanyi Ogunkoya, from Government […]
China celebrates DeepSeek’s impact
Kindly leave a comment and share China is celebrating DeepSeek’s impact, as DeepSeek’s rise has turned out to be a huge boost for the Chinese government, which has been seeking to build tech independent of the West. While the Communist Party is yet to comment, Chinese state media was eager […]
Insurance sector assets soar to N3.88tn, as operators pay N564.1bn claims in Q3 2024
Kindly leave a comment and share Chuks Udo Okonta The insurance industry in the third quarter of 2024, recorded a N3.88 trillion in total assets representing an expansion of 5.1 per cent compared to the corresponding period when it reported N2.81 trillion as the industry size, the National Insurance Commission […]
Commercial buses also need third party motor insurance policy
Kindly leave a comment and share Chuks Udo Okonta Since the Inspector General of Police Dr. Kayode Egbetokun announced the enforcement of third party motor insurance, which will commence February 1, 2025, it is expected that education and awareness programmes should be organised for commercial bus owners and drivers, who […]
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Reaching the most vulnerable in Nigeria: Our Humanitarian Roadmap 2025
By Mohamed Malick Fall On 23 January 2025, we will launch the 2025 Nigeria Humanitarian Needs and Response Plan (HNRP). The plan targets 3.6 million of the most vulnerable people in Borno, Adamawa, and Yobe (BAY) states, requiring $910.2 million in funding. It underscores the urgent need for lifesaving interventions […]
NUPCPS members mobilise for pension enhancement from government
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Union of Pensioners Contributory Pension Scheme sector (NUPCPS) has called on all retirees under the CPS to go for biometrics capturing that would facilitate a pension increments and other benefits from the government. In an announcement notice that is […]
Heirs Insurance Group empowers 500 school children, communities through ‘The Good Project’
Kindly leave a comment and share Heirs Insurance Group, Nigeria’s fastest-growing insurance Group, has rolled out a project to empower underserved communities with the training and benefits inherent in upcycling, as part of its sustainability goals. Tagged “The Good project”, Heirs Insurance Group sensitised communities on the benefits of converting […]