The pensions black hole is £110 billion higher than it was at the start of the year Britain’s mammoth funding gap for gold-plated company pensions stands at nearly a third of the country’s economic output despite a £50 billion boost in November. A report by PricewaterhouseCoopers shows the deficit for […]
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Insurers assess Chapecoense air tragedy
By Raul Zorrilla The players of Brazilian soccer team Chapecoense who died in a tragic plane crash in Colombia Tuesday are covered by at least two life and accident insurance policies, one purchased by the Brazilian football federation CBF and one bought by Lamia, the company that owns the plane. […]
Brokers, agents get N44.16bn insurance commission
Chairman NIA, Eddie Efekoha Leave a comment and share Chuks Udo Okonta Insurance brokers and agents received N44.16 billion commission from underwriters in 2014, Inspen reports. The amount was stated in the Nigeria Insurance Digest 2014, published by the Nigerian Insurers Association (NIA). According to the digest, Non life operators […]
Photos: Faces at a courtesy visit by NAIPCO executives to NCRIB
Executives of National Association of Insurance and Pension Correspondents and President of Nigerian Council of Registered Insurance Brokers Kayode Okunoren (4th left) and Executive Secretary, Fatai Adegbenro (6th left) in Lagos. Management of NCRIB and President of NAIPCO Mrs Omobola Tolu-Kusimo 2nd right
NCC suspends data price increase
The Nigerian Communications Commission (NCC) has announced the immediate suspension of the new minimum pricing template for data services by mobile operators. The new rate, which would have led to price increase in data for some Nigerians, was scheduled to take effect from December 1. The NCC said the decision […]
CPC to act against fake insurance policies, consumer complaints
The Consumer Protection Council (CPC), has concluded plans to address insurance products and services complains particularly, the sale of fake policies and delay in payment of claims, among others in the country. To this end, CPC is collaborating with key stakeholders in the insurance sector to proffer solutions to the […]
Photo: Faces at the farewell ceremony for Moruf Apampa
AIICO Executives bids Moruf Apampa, GM Non – Life Business (6th left) farewell
NIA faults Reps over N200bn insurance fraud
From left: Director Technical, Legal and Admin, Nigerian Insurers Association, Mrs Olawunmi Idewu, Chairman, Eddie Efekoha and Director-General, Sunday Thomas at the event. Leave a comment and share Chuks Udo Okonta Having been silent since the Ad-hoc Committee of the Federal House of Representatives started the probe on government’s insurance […]
NAICOM’s staff resume work, as NIA supports relocation of inspectorate unit
Leave a comment and share Chuks Udo Okonta Aggrieved staff of the National Insurance Commission (NAICOM) who embarked on strike over the relocation of the commission’s Inspectorate Department from Abuja Head Office to Lagos Control Centre, today resumed work in line with the directive given by the Federal Ministry of […]
PRESS BRIEFING BY NIA CHAIRMAN, MR. EDDIE EFEKOHA ON TUESDAY, NOVEMBER 29, 2016
Efekoha PRESS BRIEFING BY NIA CHAIRMAN, MR. EDDIE EFEKOHA ON TUESDAY, NOVEMBER 29, 2016 AT NIA HOUSE, 42 SAKA TINUBU STREET VICTORIA ISLAND LAGOS. Gentlemen of the Press Good afternoon and welcome to this Press briefing and interactive session with the Insurance Press, the first since my assumption of office […]
