Managing Director/CEO, Anchor Insurance Limited, Adeduro Mayowa; Chairman, Dr. Elijah Akpan and Company’s Secretary/Legal Adviser, Barr. Ime Umoh at the event. Leave a comment and share Chuks Udo Okonta Anchor Insurance Company Limited which held its 27th Annual General Meeting (AGM) recently at the Le Meridian Ibom Hotel and Golf […]
Insurance
Insurers backtrack after failed attempt to secure N50m rebranding support from NAICOM
Leave a comment and share Chuks Udo Okonta Insurance operators have gone back to the drawing table to brainstorm how to raise parts of the N250 million required to propel the industry’s planned rebranding project after they were unable to convinced the National Insurance Commission (NAICOM) on why it should […]
Trump to end key Obamacare subsidies; insurers likely to flee
In a brash move likely to roil insurance markets, President Donald Trump will “immediately” halt payments to insurers under the Obama-era health care law he has been trying to unravel for months. Before sunrise Friday morning, Trump went on Twitter to urge Democrats to make a deal: “The Democrats ObamaCare […]
NAICOM, PenCom, Lagos State endorse NAIPCO confab
.As Dele Fajemirokun chairs occasion Leave a comment and share The National Insurance Commission (NAICOM), National Pension Commission (PenCom) and Lagos State Government have endorsed the upcoming 2017 Conference of the National Association of Insurance and Pension Correspondents(NAIPCO). The conference is billed to hold on 25th of October, 2017, at […]
NAICOM plans stringent rule for brokers licence renewal
Leave a comment and share Chuks Udo Okonta Barring any change, Insurance brokers with 50 per cent of total income from a client would be denied renewal of their operating licences. Inspen authoritatively gathered that the National Insurance Commission (NAICOM) is planning to evolve a guideline which is in line […]
NAICOM to priorities premium rating in 2018
Commissioner for Insurance Mohammed Kari (6th right); President, National Association of Insurance and Pension Correspondents, Mrs. Omobola Tolu-Kusimo and other participants at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said it will channel its energy on instituting appropriate premium rate for the […]
NAICOM seeks partnership with Kaduna State on compulsory insurances
From left: Director, Administration and Human Resources Directorate, National Insurance Commission, Alhaji Adamu Balanti; Commissioner for Insurance, Mohammed Kari and Deputy Commissioner, Technical, Sunday Thomas at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is soliciting partnership with Kaduna State government on implementation […]
Digital transformation key to insurance industry survival – Babalola
From left: Segun Aina, Banker and Technology expert; Funmi Babington-Ashaye, president, Chartered Insurance Institute of Nigeria(CIIN); Remi Babalola, chairman, Law Union and Rock Plc; Isioma Chukwuma, past president, CIIN; and Wale Tinubu, managing director/CEO, SCIB Insurance Brokers during the Quarterly Breakfast Meeting of the CIIN held in Lagos. Leave a […]
Lloyd’s of London insurers face claims bill of $4.5bn resulting from recent hurricanes as half-year profits slip
.Firm said it had already shelled out ‘significant amounts’ for hurricane losses .The group’s half-year pre-tax profits fell from £1.46bn to £1.22bn By Jane Denton Lloyd’s of London confirmed it had already paid out ‘significant amounts’ to cover claims following the recent hurricanes which hit Florida, Texas and the Caribbean. […]
NAIPCO insurance, pension confab berths Oct 25
Leave a comment and share Chuks Udo Okonta The National Association of Insurance and Pension Correspondents (NAIPCO) is set to hold its second edition of national conference to discuss burning issues in insurance and pension sectors, while proffering solutions to challenges facing the two industries. The conference, billed to hold […]
