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Why ASUU May Soon Go On Strike Over IPPIS

p Leave a comment and share Academic Staff Union of Universities (ASUU) has threatened to embark on strike if the Accountant General of the Federation stops salaries of lecturers this January. The association claimed the FG had noted that it would stop the salaries of the lecturers for failing to […]

Insurance

Anchor Insurance eyes N10bn premium income in 2020

From left: Executive Director, Technical, Adebisi Ikuomola; Company Secretary/Legal Adviser, Ime Umoh, Managing Director/Chief Executive Officer, Ebose Augustine; Head, Enterprise Risk Management, Olubukola Koyenikan; General Manager, Business Development Jide Fasanmi and Head, Brand & Corporate Communications, Nelson Egboboh all of Anchor Insurance Company Limited after playing hosts to the Insurance […]

Insurance

Annuity to get huge chunk of N10tn pension assets – NAICOM

Leave a comment and share Chuks Udo Okonta The National insurance commission (NAICOM) has expressed optimism that substantial part of the N10 trillion pension assets will empty into the insurance portfolio. The Acting Commissioner for Insurance, Sunday Thomas, who expressed the hope, said NAICOM is working assiduously to put in […]

Insurance

Insurance brokers generate N220.89bn premium for underwriters

Leave a comment and share Chuks Udo Okonta Insurance brokers generated N220.89 billion out of the N413.85 billion gross premium income recorded by underwriters in 2018, Inspenonline can report. Data obtained from the 2018 Nigeria Insurance Digest, produced by the Nigerian Insurers Association (NIA), also revealed that the amount was […]

Insurance

2018 Nigeria insurance industry snapshot

Chairman, Nigerian Insurers Association, Tope Smart Leave a comment and share Chuks Udo Okonta Gross Premium Written N413.8 billion Gross Claims Paid N193.5 billion Reinsurance Paid N118.4 billion Net Premium Income N287.8 billion Total Underwriting Profit N56.6 billion Profit Before Tax N40.2 billion Profit After Tax N31.5 billion Shareholders’ Fund […]

Photo Gallery

Photos: Faces at Actuarial Development Sensitisation Workshop organised by NAICOM in Lagos

From Left: Member, Committee on Actuarial Development, National Insurance Commission (NAICOM), Oladimeji Salami; NAICOM Director, Policy & Regulation, Pius Agboola; Rector, College of Insurance and Financial Management, Dr. Yeside Oyetayo; Acting Commissioner, NAICOM, Sunday Olorundare Thomas; Facilitator, Nigeria Actuarial Society (NAS), Jola Fakoya; Chairman,  NAICOM Committee on Actuarial, Taiwo Adeoye […]