PRESS RELEASE The British Council and English Premier League in partnership with the Lagos State Ministry of Education and Lagos State Football Association have introduced the Premier Skills International Enterprise Challenge. A project aimed at using the English Premier League’s expertise in the UK, alongside the British Council’s global network […]
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NIA Chairman’s speech at Microinsurance fair
I welcome everyone to this conference/fair which is our first ever on Micro Insurance. Let me first acknowledge the presence of our own Commissioner of Insurance Alh Mohammadu Kari. Thank you for coming all the way from Abuja. Your presence here today signifies your commitment to the micro insurance sector […]
Government’s funding of insurance is haphazard – NAICOM
Leave a comment Chuks Udo Okonta The National Insurance Commission (NAICOM) has alleged that government’s funding of insurance over the years have been haphazard, hence, canvassed a change of attitude to insurance. The Commissioner for Insurance Mohammed Kari, disclosed this at a forum in Abuja, stressing that there is low […]
Inauguration of insurers committee elicits reactions
Leave a comment Chuks Udo Okonta Stakeholders in the insurance industry have expressed concern over the formation of Insurers Committee saying it is a duplication of functions of existing bodies such as the Nigerian Insurers Association (NIA) and Insurance Industry Consultation Committee. Although the National Insurance Commission (NAICOM) has said […]
FG remains adamant to insurance growth
Leave a comment Chuks Udo Okonta Yesterday’s inauguration of the Insurers Committee has further exposed the value the federal government places on the insurance industry as dignitaries at the event who have anticipated the presence of the newly appointed Minister of Finance Mrs Kemi Adeosun were disappointed when she sent […]
NAICOM to Adopt Name-and-Shame Policy for Erring Insurance Operators
• FG inaugurates insurers committee James Emejo in Abuja The Commissioner for Insurance/Chief Executive, National Insurance Commission (NAICOM), Mr. Mohammed Kari, on Thursday hinted that his agency would adopt the name-and-shame policy in trying to restore sanity to insurance practice in the country. He said the proposed strategy would among […]
Shareholders decry excessive charges by NAICOM
Shareholders Association of Nigeria in the Insurance sector have decried excessive charges by the National Insurance Commission (NAICOM). Towards this end, the shareholders under Dynamic Shareholders Association Nigerian (DSAN) appealed to the federal government to review excessive charges by the body on insurance companies. Thisday reported that the group at […]
WELCOME ADDRESS BY THE COMMISSIONER FOR INSURANCE MR. MOHAMMED KARI AT THE INAUGURATION OF THE INSURERS COMMITTEE HELD AT THE SHERATON HOTEL AND TOWERS, ABUJA, ON 19TH NOVEMBER, 2015
Protocol We are gathered here today to inaugurate the Insurers’ Committee and I am delighted to welcome you all to this inaugural ceremony. The Insurers’ Committee will provides a platform for all Chief Executives of insurance companies in Nigeria to sit with the regulator to discuss issues affecting the Industry […]
NAICOM takes issues of insurance law, taxation to FG
Leave a comment Chuks Udo Okonta The National Insurance Commission (NAICOM) on Thursday sought the intervention of the Federal Government on two major issues – enactment of insurance law and excessive taxation which are stemming insurance growth. The Commissioner for Insurance Mohammed Kari, made the demand at the […]
SA Insurance pays N1.5bn claims, earns ‘BBB’ rating
Chuks Udo Okonta Standard Alliance Insurance Plc said it paid a consolidated claims amounting to N1.5billion in its nine months’ operations in 2015 just as it has received a ‘BBB’ rating from the South Africa-based Global Credit Rating (GCR) in recognition of its ability to settle verified claims promptly. […]
