From left: Chairman of Council, National President, Association of Registered Insurance Agents of Nigeria, Gbadebo Olameru; President, Ademola Fagbayi and Chairman of the event, Dr. Olufemi Ogunlowo at the event in Lagos. Dignitaries at the event. ARIAN President, Ademola Fagbayi, being decorated at the event. ARIAN President, Ademola Fagbayi, taking […]
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IFRS 17 – A Welcome Advance That Puts Value Measures in Primary Accounts
The financial reporting of insurers has long been considered problematic for the image of insurers in financial markets, according to a new report by AM Best examining how IFRS 17 will bring consistency and more market-related values to insurance accounting. External financial reporting for insurers currently varies from country to […]
Photo: Faces at NIA 2019 CEOs’ Retreat in Abeokuta, Ogun state
NIA chairman, Tope Smart (standing), Deputy Commissioner for Insurance (Technical) Olorundare Sunday Thomas (3rd left) Deputy Chairman of the Association, Ganiyu Musa (left) and Director General Mrs. Yetunde Ilori during the chairman’s opening address at the NIA 2019 CEOs’ Retreat held at Park Inn by Radisson Blu, Abeokuta, Ogun state […]
Sovereign Trust Insurance hosts open golf tournament in Ibadan
Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance (STI) Plc is set to host the 7th edition of the Open Golf Tournament in the ancient city of Ibadan, Oyo State. A statement from the company noted that the event is scheduled to hold from March 22 […]
Photo: Faces at Sovereign Trust Insurance presentation of the prize to winner of radio trivia question
From left: Executive Director, Technical Operations, Sovereign Trust Insurance Plc, Jude Modilim; winner, Peter Aghedo and General Manager/Divisional Head, Finance & Corporate Services, Kayode Adigun during the presentation of the prize to the winner of the radio trivia question tagged “Stay Safe With STI at the Corporate Head Office in […]
CIIN gets new examination syllabus
Click image for details Leave a comment and share Chuks Udo Okonta The Governing Council of the Chartered Insurance Institute of Nigeria (CIIN) has approved the review of the institute’s examination syllabus which will take effect from October 2020. The new syllabus which was signed by the Director-General of the […]
No financial plan empowers women like insurance – Old Mutual Nigeria
Ladipo Leave a comment and share Chuks Udo Okonta As millions across the world commemorates the 2019 International Women’s Day (IWD) – a day dedicated to celebrating the social, economic, cultural and political achievements of women globally, the Marketing and Customer Executive, Old Mutual, Alero Ladipo, said that the organisation […]
Insurers pay over N1.40bn claims on terrorism, flood
Leave a comment and share Chuks Udo Okonta Insurance operators paid over N1.40 billion claims on terrorism and flood in 2017 Inspen can report. The Data obtained from the Nigerian Insurers Association (NIA) revealed that Axa Manasard Insurance Plc and Continental Reinsurance Plc, paid over N217.83 million on terrorism, with […]
PFAs invest N5.03tn of N8.64tn pension funds in FGN securities
Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) have invested N5.03 trillion out of the N8.64 trillion pension assets in Federal Government’s securities, as at the end of December, 2018, the National Pension Commission (PenCom), has said. Data obtained from PenCom stated that 73.09 per cent […]
Allianz Nigeria shines with 4-star customer rating
Leave a comment and share The recently launched Allianz brand in Nigeria is leaving no stone unturned in seeking a position of dominance in the local insurance market. Apart from triggering an integrated advertising campaign across many traditional and contemporary platforms, the global insurer is determined to make its impact […]