* Companies don’t fail, people kill companies Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance, Sunday Thomas, has given more insight on how the National Insurance Commission (NAICOM) worked assiduously to save Niger Insurance Plc and Standard Alliance Insurance Plc from failing by providing them […]
Insurance
NAICOM drums benefits of new vehicle third party premium in one-week Rivers State insurance education campaign
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is leveraging its ongoing one-week insurance education and sensitisation programmes in Portharcourt, Rivers State, to promote compulsory insurance, and drums benefits of recently approved vehicle third party insurance premium and claim regime. The Head of Corporate […]
NAICOM eyes 2024 for implementation of risk-based recapitalisation
* Targets N1 trillion premium by 2024 Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) seems to be looking towards year 2024 for the implementation of risk-based recapitalisation that will enable each insurance company underwrites risks based on their capital. The Commissioner for Insurance, […]
Newly registered insurance companies now amongst top leading 20 – NAICOM
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance, Sunday Thomas, has said the National Insurance Commission (NAICOM) took a right decision in registering four insurance companies and a reinsurance firm as available result revealed that some of them were in the top 20 out of […]
Brokers contribute 60% insurance premium – NIA
Kindly leave a comment and share Chuks Udo Okonta Insurance Brokers contributed 60 per cent of insurance business in Nigeria in 2021, affirming the market as Brokers’ dominated. Giving this disclosure, the Director General of the Nigerian Insurers Association (NIA), Mrs. Yetunde Ilori stated that out of the 60 per […]
Transcorp Hotels Calabar promises guests peace of mind with Heirs Life’s Term Assure Plan
Kindly leave a comment and share Transcorp Hotels Calabar has collaborated with life insurance company, Heirs Life Assurance (HLA), on an affordable add-on life insurance package for guests. With this plan, a variant of its popular Term Assure plan, Heirs Life assures guests of relaxation and peace of mind, confidence […]
GNI Plc assures policyholders of rewarding 2023
Kindly leave a comment and share Chuks Udo Okonta Great Nigeria Insurance Plc has reiterated its commitment to delivering top-notch services to its teeming customers in 2023. As part of its commitment to every policyholder under the stable of Great Nigeria Insurance Plc, the Management has again given the assurance […]
CIIN unveils insurance broking book to enhance knowledge
Kindly leave a comment and share Chuks Udo Okonta As broking is part of the curriculum of studies for qualification to become a chartered insurer in Nigeria, a new course books on its practice has been publicly presented by the Chartered Insurance Institute of Nigeria (CIIN). The books, which cover […]
CIIN lauds elders contributions to insurance industry’s growth
Council members of Chartered Insurance Institute of Nigeria with elders at the event. Kindly leave a comment and share Chuks Udo Okonta The President Chartered Insurance Institute of Nigeria (CIIN) Edwin Igbiti, has said insurance industry has come this far, largely because of efforts put in over the years by […]
NAICOM plans more lasting solution to brokers, agents license renewal conundrum
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said it is working hard to resolve the present challenge faced by insurance brokers and agents in renewing their operational license through the NAICOM Portal. The Commissioner for Insurance, Sunday Thomas, said this when responding […]