NIA Chairman, Eddie Efekoha Leave a comment and share Chuks Udo Okonta A group has called on internal auditors of insurance firms to be bold in engaging senior management to stem the unethical practices prevailing the industry. The call was parts of the takeaways of the annual seminar organised by […]
Author: admin
Growing number of global insurance firms divesting from fossil fuels
Report shows around £15bn of assets worldwide have been shifted away from coal companies in the past two years as concern over climate risk rises By Jonathan Watts A growing number of insurance companies increasingly affected by the consequences of climate change are selling holdings in coal companies and refusing […]
PTAD eyes EFCC, ICPC to recover over N25bn from 9 insurers
Ekeazor Leave a comment and share Chuks Udo Okonta Pension Transitional Arrangement Directorate (PTAD) says it may take legal action including the involvement of the Attorney General of the Federation and agencies such as the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC) to recover over […]
Insurers task NAICOM to purge industry of unethical practices
Kari Leave a comment and share Chuks Udo Okonta Insurers under the Risk Management and Compliance Committee of the Nigerian Insurers Association (NIA) have tasked the National Insurance Commission (NAICOM) to purge the insurance industry of unethical practices to redeem its image. The Committee in a report presented to the […]
Insurance: FG Targets N1trn Annual Premium
Kari By ZAKA KHALIQ The federal government has set a target of N1 trillion annual insurance premium by the year 2020 LEADERSHIP can exclusively report. It is gathered that the government is partnering the 36 states of the federation, including the Federal Capital Territory (FCT), to meet the target. Insurance […]
COMMUNIQUÉ ISSUED AT THE END OF THE 2ND CONFERENCE OF THE NATIONAL ASSOCIATION OF INSURANCE & PENSION CORRESPONDENTS
COMMUNIQUÉ ISSUED AT THE END OF THE 2ND CONFERENCE OF THE NATIONAL ASSOCIATION OF INSURANCE & PENSION CORRESPONDENTS (NAIPCO) ON WEDNESDAY, OCTOBER 25, 2017 AT ORIENTAL HOTEL, LAGOS. WITH THE THEME “LEGISLATION OF INSURANCE: INTRIGUES, INTEREST, GOVERNANCE AND THE PEOPLE”. 1. That regulation of Insurance and Pension Industries should be […]
Dearth of products threaten micro insurance business
Gbadebo Leave a comment and share Chuks Udo Okonta The Micro Insurance Committee of the Nigerian Insurers Association (NIA) has raised concern over inadequate micro insurance products in the market. In a report submitted to the association, the committee said there is urgent need for capacity building so as to […]
N1trn target: Insurers discount 80% revenue
Leave a comment and share Chuks Udo Okonta Insurance operators would have scaled through their N1 trillion premium target, if not that they gave out 80 per cent of their revenue as discount, Inspen has learnt. The Chairman, Mutual Benefits Assurance Plc, Akin Ogunbiyi, who stated this at a forum […]
Photo: Faces at Almond’s 2017 annual consumer forum
Chief Executive Officer (CEO) Almond Productions Limited, Faith Ughwode presenting an award to Managing Director, FBNInsurance Limited, Val Ojumah at the Almond’s 2017 annual consumer forum in Lagos.
Photo: Faces at launch of Equity USSD Mobile Insurance Solution in Lagos
From left: Leke Hassan, GM, Business Development and Sales; Karim Dione, Executive Director, Strategy and Performance; Abba Kyari Bukar, chairman; Moruf Apampa, Managing Director/CEO; and Sam Ogbodu, Executive Director, Technical, all of Equity Assurance Plc during the launch of Equity USSD Mobile Insurance Solution in Lagos.
