Leave a comment and share Chuks Udo Okonta Only 13 out the 56 insurance firms in the country, were able to record profits between 2010 and 2014, while 43 others made losses. Worried by the development, observers have called on insurance operators to redouble their efforts in ensuring that they […]
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Photos: Faces at NAIPCO end of year party
From left: Marketing Services Manager Services FBN Holdings Plc, Tunde Lawanson; Former President, National Association of Insurance and Pension Correspondents, Modestus Anaesoronye; orporate Affairs Manager, Staco Insurance Plc, Dr. Tunde Odeyemi; President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo; Head of Corporate Communications, Mutual Benefits, Assurance Plc, […]
Morocco Among Top 3 Fastest Growing Reinsurance Markets in Africa
Kenya, Nigeria and Morocco are the fastest growing reinsurance markets in Africa, driven by the size and diversity of their economies, a young and growing population and advanced regulatory regimes, Dr. Schanz, Alms & Company said in its yearly survey “Africa Reinsurance Pulse 2016.” The introduction of risk based capital […]
NAICOM woos stockbrokers for insurance distribution
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) in it continuous effort at deepening insurance penetration in the country, yesterday visited the Director- General, Security and Exchange Commission (SEC) Munir Gwarzoto, to intimate him of the need to engage stockbrokers as referral agent in the […]
Inspenonline wins Insurance, Pension Reporting excellence award
Leave a comment and share Chuks Udo Okonta Inspenonline has won an award for Excellence in Insurance & Pension Reporting – West Africa, organised by Corporate Vision Magazine, of the United Kingdom. According to the firm, Inspenonline was chosen owing to its contributions toward insurance and pension in West Africa. […]
Corporate Vision Unveils 2016 African Corporate Excellence Awards Winners
United Kingdom, December 2016- Corporate Vision Magazine has announced the winners of the 2016 African Corporate Excellence Awards. The past few years have seen Africa begin to thrive as one of the most resourceful and industry rich continents on earth. The continent has previously lived under the shadow of its […]
FBNInsurance celebrates outstanding performance in 2016
From left: Chairperson, FBNInsurance Limited, Mrs Adenrele Kehinde; Dr Umekwe Odinakachi and Managing Director, FBNInsurance Limited, Val Ojumah at the event in Lagos. Leave a comment and share Chuks Udo Okonta The Management and staff of FBNInsurance Limited and FBNInsurance General Limited on Wednesday rolled out drums to celebrate the […]
BREAKING: Senate rejects Magu as EFCC Chairman
Magu The Senate has rejected Ibrahim Magu’s nomination as Chairman of the EFCC. Chairman, Senate Committee on Media and Public Affairs, who addressed journalists after a closed-door session on Thursday, said the rejection was based on “security report.” He said the rejection would be communicated to President Muhammadu Buhari to […]
Leadway Assurance leads motor insurance business with N18.08bn in 5 years
Leave a comment and share Chuks Udo Okonta Leadway Assurance Company Limited for the past five years has made N18.08 billion from motor insurance, making it the lead underwriter in the business. According to a report obtained from the Nigerian Insurers Association (NIA), the company recorded N3.70 billion in 2010, […]
London’s 328-year old insurance market will move a chunk of its business to Europe post-Brexit
By Will Martin London’s 328-year old Lloyd’s insurance market will definitely create an office somewhere within the European Union and move some of its operations to the continent in reaction to the UK’s Brexit vote. The Financial Times reports that the insurance market, the world’s oldest, has created a shortlist […]
