Nsimah Leave a comment and share Chuks Udo Okonta Anchor Insurance Company Limited has announced the appointment of Nsimah Jeremiah as the Acting Managing Director/ Chief Executive Officer with effect from December 15, 2017. This was contained in the press release by Head, Brand and Corporate Communications of the Company, […]
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Photo: Faces at NIA courtesy visit to NAICOM
From right: Commissioner for Insurance, Alhaji Mohammed Kari; Chairman, Nigerian Insurers Association, Eddy Efekoha; Deputy Commissioner for Insurance, Finance & Administration, George Onekhena and Managing Director, FBNInsurance, Valentine Ojumah during a Courtesy Visit of Nigerian Insurers Association to the National Insurance Commission
Controversial group life rate remains at 6.8% to 1000
Leave a comment and share Chuks Udo Okonta Controversies on amounts to be charged on group life insurance which in recent years has set underwriters apart has been put to rest as the National Insurance Commission (NAICOM) has retained the rate at 6.8 per cent to 1000. NAICOM in a […]
Old Mutual Nigeria enabling positive future for customers
Leave a comment and share Chuks Udo Okonta Old Mutual entities in Nigeria are transforming the local insurance industry by leveraging rich history, global expertise and human capital backed with commitment rooted in trust to provide positive future for customers. Old Mutual General Insurance Company Nigeria Limited and Old Mutual […]
FG approves pension enhancement for pensioners on CPS
Takor A cheering news came to pensioners who are on Programmed Withdrawal under the Contributory Pension Scheme managed by Pension Fund Administrators (PFAs) as the year 2017 came to an end. The National Pension Commission (PenCom) announced a maiden pension enhancement for this category of pensioners with effect from December […]
Premium Pension appoints executive, non executive directors
Tijjani Leave a comment and share Chuks Udo Okonta The Board of Premium Pension Limited has appointed Kabir Ahmed Tijjani as an Executive Director and Lamido Yuguda as Non-Executive Director. A statement signed by Aliyu Mohammed Ali, forHead Corporate Communications, said the new appointments are expected to enhance robust business […]
NAICOM pegs microinsurance capital base at N600m, N100m, N40m
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) today released a revised guideline on Microinsurance operations which classified the business into Unit having N40 million capital base, State, N100 million and National, N600 million. A statement by its Head Corporate Affairs, Rasaaq Salami, said the […]
NAICOM retains premium for private motor at N5,000 in new rate
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) in a new rate for the transaction of insurance business issued today retained premium for private motor at N5,000 contrary to expectations that it may go up due to current realities. The approved rates for compulsory classes […]
China launches first specialist insurance company on technology
China’s insurance regulator has approved the launch of Taiping Technology Insurance, the country’s first ever insurer to specialize in offering services to the technology sector. China Insurance Regulatory Commission (CIRC) has issued the approval for China Taiping Insurance Group to launch the technology insurer, according to a CIRC statement. Headquartered […]
Centre for Memories launches inaugural expo in Enugu
Board Members of the Centre for Memories: from left: Patrick Okigbo III, Nkem Nweke, Nkiru Opareke, Ndidi Okonkwo Nwuneli and Jude Ilo at the Opening Ceremony in Enugu The Centre for Memories, a non-governmental organization that aims to become the leading hub for Igbo history, culture, and excellence, formally launched […]
