insurance and pension news
Saturday, November 16, 2024
Kindly leave a comment and share Chuks Udo Okonta Any insurance company that has not less than five complaints of failure to pay claims promptly made against it which the National Insurance Commission (NAICOM) has received and verified, risks loosing its operational licence, the Insurance Reform Bill, has proposed. This […]
Kindly leave a comment and share Chuks Udo Okonta A company, firm or other combination of persons, each principal officer of the company, firm or other combination of persons, who transact any insurance business without being licensed for that purpose, commit an offence and is liable on conviction, to a […]
Kindly leave a comment and share Chuks Udo Okonta We, the former Group Managing Directors (GMDs) of NNPC, express our unwavering support for the current leadership and their commendable efforts in advancing the company’s strategic objectives across key sectors. Today, 20th July, 2024, NNPC hosted a CEO Forum attended by […]
Kindly leave a comment and share Chuks Udo Okonta The reform insurance bill which was yesterday passed for the second reading by the Senate has pegged the minimum capital base for non-life insurance business at ₦25 billion; life business N15 billion and reinsurance N45 billion, Inspenonline can report. Though the […]
Kindly leave a comment and share Chuks Udo Okonta with agency report The Senate yesterday Thursday, passed for a second reading, a bill to reform the insurance sector in Nigeria. The bill sponsored by its Chairman, Committee on Banking, Insurance and Other Financial Institutions, Senator Adetokunbo Abiru (APC Lagos East), […]
Kindly leave a comment and share with others Chuks Udo Okonta NAICOM and the Lagos State Fire Service held a strategic meeting yesterday in Abuja to improve collaboration and partnership in the ongoing effort to strengthen the enforcement of Public Building Insurance in Lagos State.
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission in its ongoing efforts to effectively address complaints and ensure swift resolution to all Insurance related issues has launched the NAICOM Complaint Management Portal. complaints.naicom.gov.ng The portal offers a streamlined and user-friendly platform for addressing all Insurance […]
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a leading insurer in Nigeria, today highlighted the transformative impact of its Annuity product on the lives of its customers. The company disburses a staggering N1.3 billion monthly to these annuitants, providing them with a guaranteed stream of […]
Kindly leave a comment and share Chuks Udo Okonta Nigeria LNG Limited (NLNG) has noted media reports suggesting that a Tax Appeal Tribunal ordered NLNG to pay $27.5 million to the Federal Inland Revenue Service (FIRS) as a revised Company Income Tax (CIT) settlement for 2016. A statement by the […]
VaLEDICTORY SPEECH OF MR. EDWIN F. IGBITI, THE 51ST PRESIDENT/ CHAIRMAN OF COUNCIL OF THE CHARTERED INSURANCE INSTITUTE OF NIGERIA HELD AT THE INSURERS HOUSE, 42, SAKA TINUBU STREET, VICTORIA ISLAND, LAGOS STATE ON JULY 17, 2024 PROTOCOL I became the 51st President and Chairman of the Council of our […]
