Kindly leave a comment and share Chuks Udo Okonta The Commissioner For Insurance and Chief Executive Officer of National Insurance Commission (NAICOM) Sunday Thomas, has highlighted what states and federal government would gain from complying with compulsory insurances even as he enjoined them to begin to make adequate provisions for […]
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Experts promote health insurance as key enabler of wealth
Kindly leave a comment and share Chuks Udo Okonta Experts have said basic knowledge on health insurance would help transform lives as it a key enabler of wealth. According to them if ordinary Nigerians understand health insurance as a key enabler of wealth, the country could substantially improve general health, […]
ARIAN increases annual dues to N5,000 effective January 1 ,2024
Kindly leave a comment and share Chuks Udo Okonta The Association of Registered Insurance Agents of Nigeria (ARIAN) has said from January 1, 2024 members will pay N5,000 as annual dues as against the N3,000 being paid presently. ARIAN stated this in a letter entitled: ‘Increment Notice on ARIAN Membership […]
Solutions to insurance, pension consumers’ pain-points coming at IPEN Roundtable
Kindly leave a comment and share Chuks Udo Okonta Stakeholders in the financial service sector are expected to converge at the IPEN Insurance and Pension Roundtable 2023 to provide solutions on how to resolve pain-points of insurance policyholders and pension subscribers in the country. The Insurance and Pension Editors of […]
How to get N10m insurance cover on critical illness with N10,000 premium
Kindly leave a comment and share Chuks Udo Okonta Treating critical illness such as cancer; stoke; heart attack; coronary by pass amongst others can be very expensive and this is where insurance becomes necessary due to its nature of small premium big coverage. According to experts who spoke today at […]
How to plan for good retirement during inflation
Afreximbank commits $2bn to food security initiative
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank) yesterday in Cairo, entered into a framework agreement for the Export Agriculture for Food Security (ExAFS) Initiative with ARISE Integrated Industrial Platforms (ARISE IIP) and the governments of Chad, Malawi, Zimbabwe and Egypt. The initiative seeks […]
WAICA charts ways to improve insurance sector contributions in West Africa
Kindly leave a comment and share Chuks Udo Okonta The West African Insurance Companies Association (WAICA) is charting a course aimed at positioning the Insurance Industry as a key contributor to economic growth, its President Eddie Efekoha, has said. He disclosed today in his address at the ongoing 2023 WAICA […]
Insurers to begin publications of outstanding claims
Kindly leave a comment and share Chuks Udo Okonta Insurance companies are almost set to commence publications of outstanding claims even as the National Insurance Commission (NAICOM) may sanction any insurance company found to be dealing with unlicensed insurance agents and brokers in the country. This is a regulatory response […]
Heirs General offers N100,000 fuel vouchers in motor Insurance subsidy promo
Kindly leave a comment and share Chuks Udo Okonta Heirs General Insurance – the Non-Life arm of the Heirs Insurance Group – the fastest-growing insurance group in Nigeria has announced the biggest Motor Insurance promotion of the year. Tagged “Heirs General Insurance Subsidy Promo” this promo is set out to […]