‘ Steven S. Kolubah, Board Chairman of Equity Assurance and Karim Franck Dione, Head, Management Control, Equity Assurance subsidiaries A Franco-phone African Insurance Group, SUNU has bought substantial equity (67 per cent) of Equity Assurance Company Liberia Ltd. This represents a total of US$1.389, 540 million shares bought by the […]
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NAICOM gives firms 18 months grace to get fresh microinsurance licence
From left: Deputy Commissioner Technical, National Insurance Commission, Sunday Thomas; Chairman, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo; Deputy Commissioner (Finance & Administration), George Oneknena and Director, Finance and Accounts, Oba Olufemi at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission […]
Photos: Faces at on going NAICOM seminar for insurance correspondents in Benin City, Edo State
From left: Deputy Commissioner Technical, National Insurance Commission, Sunday Thomas; Chairman, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo; Deputy Commissioner (Finance & Administration), George Oneknena and Director, Finance and Accounts, Oba Olufemi at the event. From left: Director Supervision, Barineka Thompson; Deputy Commissioner (Finance & Administration), George […]
Photo: Faces at NCRIB strategic meeting with NAICOM
From left: Vice President, Nigerian Council of Registered Insurance Brokers (NCRIB), Rotimi Edu; Deputy President, Mrs. Bola Onigbogi; President, Shola Tinubu and Commissioner for Insurance, Alhaji Mohammed Kari discussing after a strategic meeting of NCRIB with the Commission in Abuja.
Linkage Assurance, Niger Delta University to harness talent for insurance industry
From left: Dr Pius Apere, Managing Director/CEO, Linkage Assurance Plc in a handshake with Professor Samuel Edoumiekumo, Acting Vice Chancellor, Niger Delta University (NDU) during a Career Talk by Linkage Assurance Plc at the University Campus in Bayelsa State. …as firm offers career advancement opportunity to exceptional students Leave a […]
PenCom strengthens risk management of PFAs with N100bn FUM
Leave a comment and share The National Pension Commission (PenCom) in a bid to ensure sufficient oversight and supervision of risk management processes, has directed Risk Management Departments of all Pension Fund Administrators (PFAs) with Funds Under Management (FUM) of N100 billion and above to report directly to the Managing […]
South African Insurance Bill signed into law
On 17 January 2018, the President of the Republic of South Africa signed the Insurance Bill into law. Inter alia, the now Insurance Act, 2017, provides a consolidated legal framework for the prudential supervision of the insurance sector that is consistent with international standards for insurance regulation and supervision, and […]
Insurance agents to explore opportunities in microinsurance
Leave a comment and share Chuks Udo Okonta Insurance agents hope to collectively examine the recently released revised guideline on microinsurance and determine how to maximize opportunities therein. The Chairman in Council, Association of Registered Insurance Agents of Nigeria (ARIAN) Gbadebo Olameru, told this medium that the body will sit […]
CHI rights issue attains 100.09% success
Efekoha Leave a comment and share Chuks Udo Okonta Shareholders of foremost Insurer, Consolidated Hallmark Insurance (CHI plc) have affirmed their full support for, and confidence in the operations of the organisation with a 100.09 per cent subscription of the recent Rights Issue that set out to raise N500 million […]
‘Insurance low penetration shows humongous growth potentials’
Leave a comment and share Chuks Udo Okonta The insurance industry is a green field waiting to be harvested, even as the low penetration shows clearly the humongous growth potential, Chairman, Law Union & Rock Insurance Plc, Remi Babalola, has said. He noted in a paper entitled: ‘The Future Today […]
