Ivor Takor We have heard and read stories alleging that the Federal Government intend to borrow 2 trillion Naira from pension fund to develop infrastructure. We have have even been asked to comment on the issue. Our position at the Centre For Pension Rights Advocacy on the the matter is […]
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Insurers pay N648.16bn claims in five years
Leave a comment and share Chuks Udo Okonta Living up to their mandate of restoring people to the state they were before risks occurred, insurance operators within five years paid N648.16 billion claims to claimants. Data obtained from the Nigerian Insurers Association (NIA) revealed that life operators within 2014 and […]
African Alliance Insurance posts N7.5bn gross premium written
Funmi Omo Leave a comment and share Chuks Udo Okonta African Alliance Insurance Plc, has recorded a 45 per cent jump in its Gross Premium Written (GPW), which moved from N5.17 billion in 2018 to N7.5 billion for the year ended 2019. This is according to the firm’s recently released […]
Photos: Faces at ongoing CIIN 2020 elders’ forum in Lagos
President, Chartered Insurance Institute of Nigeria, Eddie Efekoha From left: Deputy President Chartered Insurance Institute of Nigeria, Sir Muftau Oyegunle and Managing Director Niger Insurance Plc, Edwin. Igbiti at the event. From left: Director General, Nigerian Insurers Association, Mrs. Yetunde Ilori and Rector, College of Insurance & Financial Management, Dr. […]
Borno leads 22 states on insurance premium generation
Leave a comment and share Chuks Udo Okonta At a time some underwriters are afraid of operating in Borno State owing to the activities of Boko Haram, few operators operating in the state seem to be generating huge premium as available data revealed that premium grossed from the state far […]
Photos: Faces at LASPEC 71st batch bond presentation
Director General, Lagos State Pension Commission, Mrs. Folashade Onanuga presenting a bond certificate to a retiree Retirees at the event Mrs. Onanuga addressing the retirees Mrs. Onanuga addressing the retirees
ILAN President gets claims book developed for CIIN
From left: Egbuniwe receiving the book from Hassan Leave a comment and share Chuks Udo Okonta The immediate Past President, Institute of Loss Adjusters of Nigeria (ILAN) Femi Hassan, today handedover Claims Book prepared by the Institute for CIIN to the current President, Reginald Egbuniwe. The handover which was done […]
Market share of insurance firms
Leave a comment and share Chuks Udo Okonta Twenty nine insurance companies need to redouble their efforts to enable them have a sizable share in the underwriting market, Inspenonline can report. According to data obtained from the Nigerian Insurers Association (NIA) which detailed the positions of underwriting firms as at […]
Allianz Risk Barometer 2020: Nigerian businesses concerned about the economy and corruption
Leave a comment and share Press Release • 9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countriescq • Macroeconomic developments rises from #9 to #1 in Nigeria as the economy has showed no sign of acceleration in Q3 • Theft, fraud and […]
Funmi Omo, MD African Alliance Insurance loses Dad
Ajani Leave a comment and share The pioneer Bishop of Egba West (Anglican Communion), Rt. Revd. Samuel Olukunle Ajani, is dead. The event occurred in the late hours of 26 January, 2020 after a brief. He was 80. Widely called “Pillar of Faith” by parishioners and friends, Rt. Revd S.O […]
