Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has opted to plays host to insurance brokers under the umbrella of Nigerian Council of Registered Insurance Brokers (NCRIB) in the month of February edition of the NCRIB Members’ Evening, gathering that would provide the firm opportunity to extend […]
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Court orders NAICOM, Guinea Insurance to maintain status quo ante
Leave a comment and share Chuks Udo Okonta A Federal High Court sitting in Abuja had on Monday, February 18, 2019 further upheld an earlier granted order restraining the National Insurance Commission (NAICOM) from suspending Guinea Insurance Plc from underwriting new insurance businesses; in a suit that was filed by […]
NAICOM approves GOXI as a state composite microinsurance company
PRESS RELEASE In its drive to ensure insurance market development through enhanced access points for Insurance services in Nigeria. The National Insurance Commission (NAICOM) has granted approval to GOXI Microinsurance Company Limited to operate as a State Composite Microinsurance Company transacting Life and General Micro insurance Business in Lagos State […]
FBNInsurance donates to Down Syndrome Foundation and Heritage Homes
From left: Blessing Ebizie, Head, Internal Audit, FBNInsurance; Mrs. Elizabeth Agugoh, Head, Marketing and Corporate Communications, FBNInsurance; Lawrence Okon, Co-ordinator of Programmes , Down Syndrome Foundation Nigeria; Mrs. Adeola Ajala, Accountant, Down Syndrome Foundation Nigeria; Moruf Apampa, Executive Director, Business Development, FBNInsurance; Mrs. Jacqueline Agweh, Head, Claims, FBN General Insurance […]
AIICO Insurance celebrates Valentine with IDPs in Abuja
Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, Abuja office in the spirit of love, celebrated Valentine with the Internally Displaced Persons (IDPs) in Abuja Camp. The firm donated items to the IDP Support Booth Durumi, Garki 1, Abuja. A statement by the firm’s Head, Strategic Marketing […]
Insurers pay over N483.56m motor accident claims to Dangote Group
Leave a comment and share Chuks Udo Okonta Insurance companies paid over N483.56 million motor accident claims to Dangote Group in 2017, Inspenonline has learnt. Data obtained from the Nigerian Insurers Association (NIA) revealed that the amount covers claims for accident and third party losses. According to the NIA, Cornerstone […]
Life insurance: PenCom tasks employees to report defaulting employers
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has urged employees to report employers who failed to provide them with life insurance policy for appropriate sanctions. PenCom stated this in a circular signed by its Acting Director-General, Mrs. Aisha Dahir-Umar, entitled, ‘Notice […]
Leadway Assurance implores Nigerians to buy term life assurance
Adegbayi (middle) with Insurance and Pension journalists at the event. The Executive Director, Leadway Assurance Company Limited, Adetola Adegbayi has charged Nigerians to subscribe to Term Life Assurance product, urging people to form the habit of using insurance to plan their future. Speaking at the Leadway Assurance Media Training for […]
Insurers divide on profitability of multi-billion annuity business
Leave a comment and share Chuks Udo Okonta Life Insurance operators seemed divided on the profitability of annuity business as some considered it volatile, while others seek it as gold mine. Inspenonline gathered that those that considered the business to be volatile are gradually reducing their intake of annuitants, while […]
NAICOM to open more state offices
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is working assiduously to open more state offices, to strengthen insurance operations in the states of the federation, Inspenonline can report. It was also gathered from a reliable source in the Commission, that officers to head the […]
