Leave a comment and share Chuks Udo Okonta Aggrieved employees of Industrial and General Insurance (IGI) company limited in Lagos on Wednesday, warned the management to rescind its decision to retrench majority of them or face industrial action. The protesters urged the management under the leadership of the managing director, […]
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OPENING REMARKS BY THE Ag. COMMISSIONER FOR INSURANCE, NATIONAL INSURANCE COMMISSION (NAICOM) Mr. O. S. THOMAS AT THE 2nd EDITION OF THE CONFERENCE FOR DIRECTORS OF INSURANCE COMPANIES HELD AT ORIENTAL HOTEL, LAGOS ON TUESDAY, OCTOBER 15, 2019.
OPENING REMARKS BY THE Ag. COMMISSIONER FOR INSURANCE, NATIONAL INSURANCE COMMISSION (NAICOM) Mr. O. S. THOMAS AT THE 2nd EDITION OF THE CONFERENCE FOR DIRECTORS OF INSURANCE COMPANIES HELD AT ORIENTAL HOTEL, LAGOS ON TUESDAY, OCTOBER 15, 2019. Protocol It gives me great pleasure to join the President of the […]
NAICOM bemoans low level of corporate governance oversight in insurance firms
From left: Albert van der Linden, Speaker/Senior Research Associate, Cenfri; Eddie Efekoha, President, Chartered Insurance Institute of Nigeria; Sunday Thomas, Acting Commissioner for Insurance; Henry Akwara, Chief Executive Officer, Mayflora Consulting Limited; Nosike Agokei, Principal Partner, Agokei and Co. and Yeside Oyetayo, Rector, College of Insurance and Financial Management at […]
Stanbic IBTC wins three awards
Leave a comment and share Stanbic IBTC Holdings PLC, a member of Standard Bank Group, won three awards at the All Africa Employee Engagement Awards held recently in Sandton, Johannesburg, South Africa. The All-African Employee Engagement Awards rewards individuals and businesses for contributions to the development of employee engagement and […]
NAICOM eyes recapitalisation to stimulate infrastructural financing, job creation
From left: Albert van der Linden, Speaker/Senior Research Associate, Cenfri; Sunday Thomas, Acting Commissioner for Insurance and Nosike Agokei, Principal Partner, Agokei and Co, at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has expressed optimism that the successful completion of the ongoing […]
AIICO Insurance gets shareholders’ nod to increase authorized share capital to N18bn
Board members of AIICO Insurance Plc at the event. Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc has received shareholders’ approval to increase its authorized share capital from N10 billion to N18 billion, which is in line with the company’s preparedness to meet the new minimum capital […]
PenCom to hammer PFAs for wrong payment of death benefits
Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) will henceforth be liable and pay from their statutory reserve fund in the event of payment of death benefits to wrong beneficiaries, the National Pension Commission (PenCom) has warned. PenCom stated this in a circular entitled: ‘Addendum to […]
UK car insurance premiums fall 1% in Q3 – survey
The cost of a comprehensive motor insurance policy in Britain fell 1% in the third quarter, pushed down by uncertainty from the personal injury discount rate change in July and the market watchdog’s interim report on general insurance pricing practices, a survey showed. The average premium for a comprehensive policy […]
RIMSON holds national confab, invests Akalonu as 6th president
Akalonu Leave a comment and share Chuks Udo Okonta Risk Managers Society of Nigeria (RIMSON) is set to hold its National Risk Management Conference on Wednesday, 23rd and Thursday, 24th October, 2019 at the Oriental Hotel, Victoria Island, Lagos. A statement by RIMSON’s Media Consultant, Joseph Obah, stated that the […]
Royal Exchange posts N14.7bn gross written premium in 2018
From left: Ms. Sheila Ezeuko, Company Secretary/Group Head, Legal Services, Royal Exchange Plc; Kenneth Odogwu, Chairman, and Wale Banmore, Acting Group Managing Director, at the event in Lagos. Leave a comment and share Chuks Udo Okonta Royal Exchange Plc, Nigeria’s premier insurance and financial services group, has said it generated […]
