Kari Leave a comment and share Chuks Udo Okonta The conduct of some of our professionals in the market is; to say the least; appalling, the Commissioner for Insurance, Mohammed Kari, has said. He disclosed this at a forum in Abeokuta, Ogun State, adding that stakeholders in the industry look […]
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PFAs invest N5.31trn in FG securities
Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) as at May this year have invested N5.31 trillion out of the N6.73 trillion pension assets in Federal Government’s securities, the National Pension Commission (PenCom) has said. Data obtained from PenCom stated that 73.63 per cent of the […]
Sovereign Trust Insurance grows balance sheet to N9.5bn
Chairman , Sovereign Trust Insurance Plc, Mr. Oluseun O. Ajayi, MD/CEO, Olaotan Soyinka and Executive Director, Marketing and Business Development, Ugochi Odemelam at the 22nd Annual General Meeting of Sovereign Trust Insurance Plc held in Lagos. Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has grown […]
Pension assets rise to N6.7tn
Nike Popoola The total assets under the Contributory Pension Scheme rose to N6.7tn as of the end of May, this year. Figures obtained from the National Pension Commission on Friday showed that 73.14 per cent of the total funds had been invested in the Federal Government of Nigeria’s securities. The […]
General business insurers face dwindling gross premium income
Leave a comment and share Chuks Udo Okonta Insurance companies underwriting general business are presently contending with dwindling Gross Premium Income (GPI), Inspen can report. According to a report obtained from the Nigerian Insurers Association (NIA), operators underwriting general business, wrote a gross premium income of N187.42 billion in 2013, […]
NAICOM experiments RBS with 10 insurance companies
From left: Chairman, Nigerian Insurers Assocition and Deputy President, Chartered Insurance Institute of Nigeria, Eddie Efekoha; Commissioner for Insurance Mohammed Kari and Governor of Ogun State, Ibikunle Amosu at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) would soon begin the experimentation of […]
KEYNOTE ADDRESS BY MOHAMMED KARI, COMMISSIONER FOR INSURANCE AND CHIEF EXECUTIVE, NATIONAL INSURANCE COMMISSION (NAICOM) AT THE 2017 PROFESSIONAL FORUM OF CIIN HELD AT PARK INN HOTEL, ABEOKUTA, OGUN STATE ON THURSDAY, SEPTEMBER 21, 2017
KEYNOTE ADDRESS BY MOHAMMED KARI, COMMISSIONER FOR INSURANCE AND CHIEF EXECUTIVE, NATIONAL INSURANCE COMMISSION (NAICOM) AT THE 2017 PROFESSIONAL FORUM OF CIIN HELD AT PARK INN HOTEL, ABEOKUTA, OGUN STATE ON THURSDAY, SEPTEMBER 21, 2017 Protocol It is my pleasure to address you this morning on the occasion of this […]
NAICOM to sack insurance managing directors over unpaid claims
From left:Commissioner for Insurance Mohammed Kari; Governor of Ogun State, Ibikunle Amosu and President of the Chartered Insurance Institute of Nigeria, Funmi Babington-Ashaye at the event. .To defray claims from firms’ statutory deposit Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) says it is working […]
Photo: Faces at the 22nd Annual General Meeting of Sovereign Trust Insurance Plc today in Lagos
Chairman , Sovereign Trust Insurance Plc, Mr. Oluseun O. Ajayi, MD/CEO, Olaotan Soyinka and Executive Director, Marketing and Business Development, Ugochi Odemelam at the 22nd Annual General Meeting of Sovereign Trust Insurance Plc in Lagos.