Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has approved the 2017 audited financial statements of Guinea Insurance Plc, as its shareholders’ fund grew by 16 per cent from N2.9 billion in 2016 to N3.4 billion in 2017. A statement by the Team Lead, Corporate […]
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FBNInsurance donates dialysis machine to Gbagada General Hospital
From Left: Chairperson, FBNInsurance, Adenrele Kehinde, commissioning the dialysis machine the company donated to Gbagada General Hospital as Managing Director/Chief Executive Officer, Val Ojumah and Member, Board of Directors, Caleb Yaro, both of FBNInsurance, look on. .supports pregnant women with an ultrasound scan machine Leave a comment and share Chuks […]
FBN General Insurance grosses N3.51bn premium in 2017
Opadokun Leave a comment and share Chuks Udo Okonta FBN General Insurance said it recorded a gross premium of N3.51 billion in 2017. According to the firm, the account which has been approved by the National Insurance Commission (NAICOM) revealed a 60 per cent growth in premium, moving from N2.2 […]
Universal Insurance appoints Paulinus Offorzor as ED-Technical Operations
Offorzor Leave a comment and share Chuks Udo Okonta Universal Insurance Plc has announced the appointment of Paulinus Offorzor as its Executive Director, Technical Operations following the confirmation by the National Insurance Commission (NAICOM). The appointment came on the backdrop of NAICOM’s directive that insurers should have an executive director […]
Life insurers retain negative reserves in three years
K Leave a comment and share Chuks Udo Okonta Life Insurance companies have retained negative reserves in three years running, Inspenonline can report. According to a report obtained from the Nigerian Insurers Association (NIA) the firms posted negative reserves between 2014 to 2016. The NIA revealed that the firms posted […]
NAICOM donates N40m to insurance rebranding project
Commissioner for Insurance, Mohammed Kari Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) today contributed additional N20 million to the insurance industry rebranding project, which brings its contributions to N40 million. The insurance industry regulator had in February this year, contributed N20 million out of […]
MINISTRY OF ESTABLISHMENTS, TRAINING AND PENSIONS 2018 MINISTERIAL PRESS BRIEFING In Commemoration of the Third Anniversary of the Administration of His Excellency, Mr. Akinwunmi Ambode, Governor of Lagos State. Presented by: Dr. Akintola, Benson Oke, FCGP., FCArb., FNIM., LMNIIA. The Honourable Commissioner, Ministry of Establishments, Training and Pensions
LAGOS STATE GOVERNMENT MINISTRY OF ESTABLISHMENTS, TRAINING AND PENSIONS 2018 MINISTERIAL PRESS BRIEFING In Commemoration of the Third Anniversary of the Administration of His Excellency, Mr. Akinwunmi Ambode, Governor of Lagos State. Presented by: Dr. Akintola, Benson Oke, FCGP., FCArb., FNIM., LMNIIA. The Honourable Commissioner, Ministry of Establishments, Training and […]
Verified pensioners decry delay payment by PTAD
… as Directorate assuages pensioners Leave a comment and share Chuks Udo Okonta Pensioners verified by the Pension Transitional Arrangement Directorate (PTAD) are already expressing worries over the delay in getting their pension benefits. Two of the pensioners who were verified in the fourth quarter of 2017, told this medium […]
UK car insurance premiums see biggest quarterly fall in four years-survey
The cost of a comprehensive motor insurance policy fell 7 percent in Britain in the first quarter, the largest quarterly reduction in premiums seen in four years, a survey said on Monday. The average premium for a comprehensive policy is now 768 pounds ($1,096.40), according to the latest index from […]
Portfolio Management Institute signs collaboration agreement with CISI UK
International Manager, Chartered Institute for securities and Investment, Praneet Shivaprasad and Registrar, Portfolio Management Institute, Dr. Chuks Akawo signing the collaboration agreement at the event. Leave a comment and share Chuks Udo Okonta Portfolio Management Institute, Nigeria, has signed a collaboration agreement with Chartered Institute for Securities and Investment (CISI), […]