Kari GOODWILL MESSAGE BY MOHAMMED KARI, NATIONAL COMMISSIONER FOR INSURANCE AND CHIEF EXECUTIVE OFFICER, NATIONAL INSURANCE COMMISSION (NAICOM) AT THE FORMAL LAUNCHING CEREMONY OF THE KANO BRANCH OF JAIZ TAKAFUL ON MONDAY, OCTOBER 30, 2017 PROTOCOL. It gives me great pleasure to be here this morning to witness the launching […]
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Emir Sanusi launches Islamic insurance in Kano
The Emir of Kano, Alhaji Sanusi Lamido II departing after a closed-door meeting with Ag. President Yemi Osinbajo at the VP’s Wing, Presiidential Villa, Abuja. Photo by Abayomi Adeshida The Emir of Kano, Malam Muhammad Sanusi 11, today, Monday in Kano, launched Islamic insurance, tagged ‘Jaiz Takaful Insurance’. According to […]
It’s cheaper to have marine insurance than pay fine for default — Leadway Assurance
In this interview, Executive Director, General Business, Leadway Assurance, Ms. Adetola Adegbayi spoke on why importers should have insurance for their cargoes. By Rosemary Onuoha WHY is fake insurance still thriving in marine business? The Nigerian Insurers Association, NIA, is working hard to come up with the marine module of […]
Governor Yahaya Bello’s slave camp, forced labour practice and the banning of unions in Kogi State tertiary institutions
Bello On Wednesday October 26, 2017 most newspapers carried the story of YahayaBello, the ‘emperor’ Governor of Kogi State ban of trade unions in Kogi state tertiary institutions. The emperor had earlier purported to have proscribed activities of the Kogi State University chapter of the Academic Staff Union of Universities.(ASUU). […]
NAICOM, PenCom, Leadway Assurance win NAIPCO awards
Leave a comment and share Chuks Udo Okonta The National Association of Insurance and Pension Correspondents (NAIPCO) 2017 awards, were won by 23 outstanding insurance and pension operators as well as the insurance and pension regulators for their outstanding performance in their respective sectors. At the 2nd NAIPCO National Conference, […]
Insurers lose huge premium revenue to installment payments
Leave a comment and share Chuks Udo Okonta The Fire Committee of the Nigerian Insurers Association (NIA) has decried the loss of huge premium revenue by insurance companies to installment payments by policyholders. The committee stated in a report presented to the association that installment payment by policyholders usually result […]
Woman to get insurance claim of car stolen 11 years ago
A consumer court has directed a private company, an insurer, to pay the insurance money to a Delhi resident whose car was stolen in 2006 in Meerut. Draupadi Tuteja’s Maruti 800 car, which was insured by Oriental Insurance Company, went missing on October 1, 2006. However, instead of repeated reminders, […]
Financial regulator and insurers told to seize Brexit opportunities
Nicky Morgan, chair of the Treasury Select Committee (PA) MPs are urging the financial regulator to forge a closer relationship with the £1.9 trillion insurance industry to stop the UK missing out on the benefits of Brexit. The Prudential Regulation Authority (PRA) has been told to settle its differences with […]
Average UK motor insurance prices hit highest since 2012- ABI
(Reuters) – The average price of motor insurance in Britain jumped 10 percent in the third quarter of the year, taking premiums to their highest level since 2012, the Association of British Insurers (ABI) said. Premiums rose to 485 pounds ($642) in the quarter, 45 pounds higher than a year […]
Journalists laud Leadway Assurance for capacity building workshop
Journalists at the event. Leave a comment and share Chuks Udo Okonta Media practitioners who participated in the recently concluded Insurance Correspondents training workshop have commended Leadway Assurance Limited for the laudable initiative designed to improve their skills and knowledge about the insurance industry. The training was organised by Leadway […]