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Insurance

Insurers post N1.72trn gross premium in 6 years

Efekoha Leave a comment and share Chuks Udo Okonta Insurance companies generated about N1.72 trillion gross premium in six years, Inspen can report. According to the Nigerian Insurers Association (NIA) the premium was generated between 2011 and 2016. The association noted that between 2011 and 2015 life insurers posted N447.59 […]

Insurance

Insurance sector grows assets to N941.28bn

Chairman NIA, Eddie Efekoha Leave a comment and share Chuks Udo Okonta The insurance industry’s total assets stand above N941.28 billion, Inspen can report. According to the Nigerian Insurers Association (NIA), the total assets of underwriters in 2015 was N894.88 billion, while those of reinsurers stood at N46.40 billion, amounting […]

Insurance

NIID: NIA generates N160.47m from data uploads in 2016

Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) says it got N160.47 million as proceeds from data uploads on Nigerian Insurance Industry Database (NIID) in 2016. According to the association’s 2016 financial report, the balance in the account of the NIID as at the beginning […]

News

Lagos State employees pledge excellence services

From left: (Sitting) Director, Lagos State Ministry of Establishments, Training and Pensions, Ayodeji Aruna; Permanent Secretary, Office of Establishments, Training and Pensions, Mrs Folasade Ogunnaike; Chairman, House Committee on Establishments, Training and Pension, Hon Adedayo Famakinwa; Commissioner for Establishments, Training and Pensions, Dr. Akintola, Benson Oke; Director Accounts; Deji Koko […]

Insurance

A.M. Best Places Credit Ratings of African Reinsurance Corporation Under Review With Negative Implications

A.M. Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of African Reinsurance Corporation (Africa Re) (Nigeria). These Credit Rating (rating) actions follow further analysis of the corporation’s capital structure, namely the rights of shareholders to […]

Insurance

Anyaoku decries non-enforcement of insurance laws

Anyaoku Leave a comment and share Chuks Udo Okonta The former Commonwealth Secretary-General, Chief Emeka Anyaoku, has called on the government and insurance industry practitioners to enforce insurance laws for overall interest of the public. He said this at the unveiling of new identity of IBN Limited in Lagos. He […]

Papers

SPEECH DELIVERED BY HIS EXCELLENCY,CHIEF EMEKA ANYAOKU, CHAIRMAN OF INSURANCE BROKERS OF NIGERIA LTD’s BRAND IDENTITY LAUNCH

From left: Mrs Henry Odein Ajumogobia; former Minister of Petroleum, Henry Odein Ajumogobia and Chairman of the occasion, Chief Emeka Anyaoku at the event. SPEECH DELIVERED BY HIS EXCELLENCY,CHIEF EMEKA ANYAOKU, CHAIRMAN OF INSURANCE BROKERS OF NIGERIA LTD’s BRAND IDENTITY LAUNCH, FEDERAL PALACE HOTEL, VICTORIA ISLAND, LAGOS, JULY 13, 2017 […]

Insurance

IBN rebrands, unveils new identity

Press Release Lagos; 13th July 2017: Insurance Brokers of Nigeria (IBN), Nigeria’s premier insurance broking firm has strategically unveiled its new brand identity. IBN, a fully integrated risk management and insurance service firm offering premium services to individuals, businesses and government agencies since 1955 unveiled its new earth and gold […]