Kindly leave a comment and share Chuks Udo Okonta Determined to help the younger generation especially students mitigate their risks, Insurfeel Initiative has rolled plans to donate School Fees Protection Plan to university and secondary students across the country. The donation which is a Corporate Social Responsibility (CSR) concept is […]
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Risk-based Approach as an Imperative for Insurance Market Development in Nigeria
Kindly leave a comment and share Dr Pius Apere Introduction Risk-based approach, a combination of Risk-based supervision (RBS) and risk-based capital (RBC) regulation, has been identified as an imperative to enhance insurance market development in any country including Nigeria. Thus, the need to introduce risk-based approach (and to depart from […]
CIIN harps on attraction of young folks into insurance business
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has charged insurance professionals to do their best in delivering efficient services to clients and ensure they increase the membership of the institute by bringing new and young folks into the insurance business. The […]
NAICOM canvasses effective interplay between governance, compliance, national budget for financial industry growth
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said effective interplay between governance, compliance, and the national budget is essential for building a resilient financial industry. The Deputy Commissioner for Insurance (Finance & Administration) Olufemi Oba, said this at Year 2024 Chartered Insurance […]
CPS gaining traction as 50% of new registration are below 30 years of age
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said analysis of the new registrations in Q3:2023 by age and gender showed that 50 per cent of new contributors are below 30 years of age and that out of a total of 94,633 registrations, about […]
Insurers file status of outstanding claims with NIA
Kindly leave a comment and share Chuks Udo Okonta Many insurance companies have submitted their outstanding claims status to the Nigerian Insurers Association (NIA) Inspenonline can report. The status was requested by the NIA in line with the concession secured from the National Insurance Commission (NAICOM) on behalf of members […]
Photos: Faces at year 2024 CIIN business outlook today in Lagos
NNPC boss Mele Kyari highlights energy security’s role in wealth creation
Kindly leave a comment and share Chuks Udo Okonta The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mele Kyari, says no public wealth creation endeavour can achieve any meaningful success without energy security. The GCEO stated this in a presentation at the Ministry of […]
Alliance and General Insurance spreads love, appreciation on Valentine’s Day
Kindly leave a comment and share Chuks Udo Okonta Alliance and General Insurance Plc, a leading player in the insurance industry, celebrated Valentine’s Day with a heartwarming display of appreciation for its staff; clients and the community. In a day filled with love and gratitude, Alliance and General Insurance Plc […]
Minister seeks upload of insurance educational module on NIYA platform
Kindly leave a comment and share Chuks Udo Okonta The Honourable Minister of State, Federal Ministry of Youth Development Ayodele Olawande, has asked for collaboration with National Insurance Commission (NAICOM) in the building of insurance educational module to be uploaded on the Nigerian Youth Academy (NIYA) platform as this would […]