A consumer court has directed a private company, an insurer, to pay the insurance money to a Delhi resident whose car was stolen in 2006 in Meerut. Draupadi Tuteja’s Maruti 800 car, which was insured by Oriental Insurance Company, went missing on October 1, 2006. However, instead of repeated reminders, […]
Insurance
Financial regulator and insurers told to seize Brexit opportunities
Nicky Morgan, chair of the Treasury Select Committee (PA) MPs are urging the financial regulator to forge a closer relationship with the £1.9 trillion insurance industry to stop the UK missing out on the benefits of Brexit. The Prudential Regulation Authority (PRA) has been told to settle its differences with […]
Average UK motor insurance prices hit highest since 2012- ABI
(Reuters) – The average price of motor insurance in Britain jumped 10 percent in the third quarter of the year, taking premiums to their highest level since 2012, the Association of British Insurers (ABI) said. Premiums rose to 485 pounds ($642) in the quarter, 45 pounds higher than a year […]
Journalists laud Leadway Assurance for capacity building workshop
Journalists at the event. Leave a comment and share Chuks Udo Okonta Media practitioners who participated in the recently concluded Insurance Correspondents training workshop have commended Leadway Assurance Limited for the laudable initiative designed to improve their skills and knowledge about the insurance industry. The training was organised by Leadway […]
NIA Chairman, Efekoha bags IOD fellow
Efekoha (1st right) with other recipients at the event Leave a comment and share Chuks Udo Okonta The Chairman, Nigerian Insurers Association (NIA) and Managing Director, Consolidated Hallmark Insurance Plc, Eddie Efekoha, and 40 eminent professionals and business leaders were conferred with the fellowship of the Institute of Directors (IoD) […]
Royal Exchange gets NAICOM’s nod to underwrite agric insurance
Ms. Sheila Ezeuko, Company Secretary, Kenneth Odogwu, Chairman; Alhaji Auwalu Muktari, Group Managing Director at the event. . To unlock new growth potentials Royal Exchange Plc, Nigeria’s foremost financial services group having secured approval to underwrite agric-business from the National Insurance Commission (NAICOM) is set to unlock new growth potentials […]
NIID to sack fake marine insurance racketeers – Leadway
GMD, Leadway Assurance, Oye Hassan-Odukale. Leave a comment and share Chuks Udo Okonta The adoption of second module of Nigeria Insurance Industry Database (NIID) on marine insurance will guarantee reduction in fake marine certificates, the Executive Director, General Business, Leadway Assurance Limited, Ms Adetola Adegbayi, has said. Speaking at training […]
Insurers to gauge communications campaigns
Dr. Odeyemi Leave a comment and share Chuks Udo Okonta The Insurance Industry is set to embrace a deliberate attempt at measuring and evaluating the effectiveness of its public relations and other related communications campaigns. This came to fore after a round table interactive session by members of the Corporate […]
Fajemirokun seeks flexible regulation of pension, insurance sectors
Fajemirokun (6th right) Leave a comment and share Chuks Udo Okonta Foremost industrialist and a former Chairman, AIICO Insurance Plc, Chief Dele Fajemirokun, has called on insurance and pension regulators to tone down on the guidelines meant to supervise the sectors. Speaking in Lagos at the 2nd National Conference on […]
FBNInsurance appoints Ukpabio as ED
Ukpabio Leave a comment and share FBNInsurance Limited, has announced the appointment of Ekpe Ukpabio, as Executive Director, Technical. Ukpabio started his career at STC Insurance Brokers in 1983 before moving to Lenoir Holdings in 1990 as Insurance Officer and Head, Risk Management. From there, he joined Equity Indemnity Insurance […]
