Leave a comment and share Chuks Udo Okonta The National Insurance commission (NAICOM) has said insurance companies carry risks that are over N1 trillion, retain N350 billion premium income and discount over N650 billion. The Deputy Commissioner, Technical, NAICOM, Thomas Sunday; who disclosed this at a forum in Lagos, noted […]
Insurance
NAICOM to owners of ailing firms, recapitalise or face ‘the needful’
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has written to owners of ailing insurance firms presently under its intervention to urgently recapitalise to prevent it from doing ‘the needful’. Deputy Commissioner, Technical, NAICOM, Thomas Sunday; who disclosed this at a forum in Lagos, said […]
Royal Exchange Group Managing Director wins award
From left: Group Managing Director, Royal Exchange Plc, Alhaji Auwalu Muktari receiving the award from the Publisher, Vanguard newspaper, Sam Amuka, at the event in Lagos. The Group Managing Director, Royal Exchange Plc, Alhaji Auwalu Muktari, has been awarded the Outstanding Chief Executive Officer of the Year (Insurance), by the […]
Soyinka urges young entrepreneurs to embrace insurance
Soyinka Leave a comment and share Chuks Udo Okonta The Managing Director/CEO of Sovereign Trust Insurance Plc, Olaotan Soyinka, has called on young and budding Entrepreneurs in the country to make insurance an integral part of their commercial enterprise. A statement by the Head, Corporate Communications & Brand Management Sovereign […]
Underwriter applies for national microinsurance licence
From left: Deputy Commissioner, Technical, National Insurance Commission, Thomas Sunday; President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye; Managing Director, Financial Institutions Training Centre, Dr. Lucy Newman and Managing Director, B. Adedipe & Associates, Dr. Biodun Adedipe at the event. Leave a comment and share Chuks Udo Okonta One […]
What insurance bussiness needs to thrive, excel in 2018 – Experts
From left: Deputy Commissioner, Technical, National Insurance Commission, Thomas Sunday; President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye; Managing Director, Financial Institutions Training Centre, Dr. Lucy Newman and Managing Director, B. Adedipe & Associates, Dr. Biodun Adedipe at the event. Leave a comment and share Chuks Udo Okonta To […]
FBNInsurance continues to prosper despite Nigeria’s sluggish economy
FBNInsurance hasn’t allowed the slowdown of the Nigerian economy to hinder its continually impressive performance For many years, Nigeria’s economy was one of the fastest growing in the world. However, this changed in 2016 when the country was hit by depressed oil prices and a decline in production due to […]
Investors jostle for micro insurance operational licences
Leave a comment and share Chuks Udo Okonta Investors have flooded the National Insurance Commission (NAICOM) with applications for micro insurance operational licences, Inspenonline has learnt. The Head Corporate Affairs, NAICOM, Rasaaq Salami, told this medium that the commission had received applications from investors seeking state and unit micro insurance […]
NAICOM donates N20m to insurance rebranding project, as more firms contribute
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has contributed N20 million towards the commencement of the much awaited insurance industry rebranding project, estimated to cost N300 million, which is planned to kickoff this quarter. Inspenonline gathered that the commission will also before the end […]
NAICOM stops insurance CEOs representatives to major events
Kari Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said it will no longer admit representatives of insurance companies Chief Executive Officers (CEOs) into any meeting or event meant for CEOs only. Commissioner for Insurance, Mohammed Kari, disclosed this at the just concluded 1st […]
