From left: Deputy Director General Chartered Insurance Institute of Nigeria (CIIN), Mrs. Uju Chukwu, Senior Manager Technical, Nigerian Insurers Association (NIA), Mr. Soji Oni, Controller, Human Resources, Corporate Affairs & Administration Mr. Davis Iyasere and Director of Operations, Mr. Lanre Ojuola donating books to the Principal of Baptist Senior secondary […]
Insurance
Allianz Nigeria employees get badged by Allianz Academy
Leave a comment and share Chuks Udo Okonta With a view to strengthening the competencies of employees, over a dozen members of staff at Allianz Nigeria enrolled towards being badged by the Allianz Underwriting Academy. Technical team members at Allianz Nigeria have been admitted into the prestigious Academy in what […]
Old Mutual launches 2-in-1 savings plan
Alero Ladipo Old Mutual, has launched its 2-in-1 Savings Plan for customers in Nigeria, especially young professionals and families. With a minimum monthly contribution of N5,000, customers can save up funds for a period of five or 10 years to fund their future financial goals. The Company said the plan […]
NAICOM underscores roles of stakeholders in adoption of IFRS 9
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has stated its roles and those of underwriters in the adoption of the International Financial Reporting Standards (IFRS) 9. The Director, Inspectorate, NAICOM, Barineka Thompson, who listed the roles noted that insurance operators are to engage on […]
AIICO Insurance gets recertified for ISO 22301 by British Standards Institute
Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, has been recertified for the 2nd consecutive time for ISO 22301 by the renowned British Standards Institute, the global topmost ISO certification institution. A statement by AIICO’s Head, Strategic Marketing & Communications Department, Atinuke Jose, noted that AIICO was […]
IFRS 9: NAICOM gets SEC, NSE nod for insurers to submit accounts by April
From left: Head, Lagos Control Office, National Pension Commission, Kenneth Egwu; Director, Inspectorate, NAICOM, Barineka Thompson; Deputy Commissioner for Insurance, Technical, Sunday Thomas and Head, Commissioner’ Office, Rasaaq ‘Salami at the event. Leave a comment and share Chuks Udo Okonta Determined to ensure insurance companies comply with the rules governing […]
Leadway Assurance unveils robust funeral insurance product
From left: Head, Life Retail Business, Bolorunduro Saliu; Head, Corporate Services, Olubunmi Adeleye; General Manager, Life Business, Tinashe Muyambo and Head, Sales & Distribution, Life Business, Oluwafemi Adebayo all of Leadway Assurance Company Limited during the unveiling of the ‘See-finish Campaign’ for the launch of the Leadway Family Benefit Plan […]
African Re announces 2019 edition of African Insurance Awards
The African Reinsurance Corporation (Africa Re) is pleased to announce the 5th edition of the African Insurance Awards. The objective of the Awards is to reward and celebrate innovation, good corporate management and good leadership in the African insurance industry. The 2019 edition will take place on Monday 10 June […]
ARIAN eyes 10,000 members as experts implore agents to deepen penetration with technology
From left: Managing Director, ARM Life, Steve Alangbo; President, National President, Association of Registered Insurance Agents of Nigeria Ademola Fagbayi and Chairman of Council, Gbadebo Olameru at the event. Leave a comment and share Chuks Udo Okonta Insurance agents in the country have been implored to leverage technology to attract […]
IFRS 17 – A Welcome Advance That Puts Value Measures in Primary Accounts
The financial reporting of insurers has long been considered problematic for the image of insurers in financial markets, according to a new report by AM Best examining how IFRS 17 will bring consistency and more market-related values to insurance accounting. External financial reporting for insurers currently varies from country to […]
