Leave a comment and share Chuks Udo Okonta The Association of Registered Insurance Agents of Nigeria (ARIAN) has felicitated with Sunday Thomas on his appointment and confirmation as the new substantive commissioner for insurance/ CEO NAICOM by the president of the Federal Republic of Nigeria (President Muhammadu Buhari). In a […]
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Pension assets soar to N10.51tn as FG securities gulp N7.09tn
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said the total pension fund assets as at February 29, 2020 was N10.51 trillion, of which N7.09 trillion (67.51 per cent) of the amount has been invested in Federal Government’s securities. PenCom stated this in its monthly […]
COVID-19: NCRIB donates relief materials to communities, neighbours
From left: Deputy President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Barr. Rotimi Edu, mni; Chairman, Moleye Community Development Association, Yaba, Alhaji Taiwo Alade Bangbala; Community Women Representative, Mrs. Titilola Iginla and Executive Secretary, NCRIB, Fatai Adegbenro at the NCRIB Palliatives measures in support of Government to cushion […]
Infographics on COVID-19 in Nigeria for week 1 & 2 May 2020
Leave a comment and share P+ Measurement Services, a media intelligence and Public relations audit agency has carried out trend analysis on the impact of COVID-19 in Nigeria for the period in view. With the exponential increase in recorded cases over the week since the lockdown has been relaxed in […]
COVID-19: NCRIB donates rice to Moleye Community
From left: Deputy President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Barr. Rotimi Edu, mni; Chairman, Moleye Community Development Association, Yaba, Alhaji Taiwo Alade Bangbala; Community Women Representative, Mrs. Titilola Iginla and Executive Secretary, NCRIB, Fatai Adegbenro at the NCRIB Palliatives measures in support of Government to cushion […]
Supporting motor insurance policyholders amid COVID-19 lockdown
Opadokun “Due to the lockdown, driving habits changed as many people stayed at home. As a result of this, risk exposure on motor vehicles were significantly reduced as frequency of usage was near zero. We are an organisation keen to satisfying and appreciating our clients. We have therefore introduced this […]
Top 100 most valuable insurance brands could lose up to $100bn
By Anoop Khanna The world’s top 100 most valuable insurance brands could lose up to $100bn worth of brand value as a result of the COVID-19 pandemic. The latest issue of Brand Finance Insurance report Insurance 100, 2020 shows the insurance sector is one of the most heavily impacted industries […]
COVID-19: Insurance Supervisors facilitate global coordination
By Anoop Khanna The International Association of Insurance Supervisors (IAIS) has cautioned against initiatives seeking to require insurers retroactively to cover COVID-19-related losses, such as business interruption, that are specifically excluded in existing insurance contracts. The association that represents insurance supervisors and regulators from over 200 jurisdictions has said, “In […]
Global insurance to see no profits until 2021
By Ahmad Zaki Fitch Ratings expects that technical profits won’t be seen until the second half of 2021 as a result of the effects of the coronavirus pandemic, according to a report released last week. This is despite the fact that insurance rates have been steadily rising for the past […]
FBN General Insurance gives one-month discount to Comprehensive Motor Insurance customers
Opadokun Leave a comment and share Chuks Udo Okonta FBN General Insurance, a subsidiary of FBNInsurance Limited, has announced a one-time one-month discount to all her Comprehensive Motor Insurance policy holders. This discount was introduced to alleviate the pressures faced by clients with the imposed lockdown by the Federal Government […]
