Insurance

Insurance

FG accumulates over N140bn liabilities under CPS

Longe Leave a comment and share Chuks Udo Okonta The Federal Government has accumulated over N140 billion pension liabilities in recent times, Inspen can report. The inability of the government to meet its obligations has raised great concern amongst stakeholders. According to the National Pension Commission (PenCom), from 2014 to […]

Insurance

Dearth of skilled marine insurers hit industry

Efekoha Leave a comment and share Chuks Udo Okonta The knowledge of marine insurance is fast eroding in the industry, a group of underwriters have said. This assertion was made by the Marine Offices Committee in a report presented to the the Nigerian Insurers Association (NIA). The committee attributed the […]

Insurance

Great Nigeria Insurance drums need for insurance

Mrs Osipitan Leave a comment and share Chuks Udo Okonta Runs GNIONGO on Radio Great Nigeria Insurance Plc has called on Nigerians to adopt the culture of insurance now more than ever before. This advice is coming at the heels of the various incessant cases of road accidents across the […]

Insurance

FBN General Insurance guns for retail business

From left: Chinyere Elue, Head, Business Development, Lagos Mainland, FBNGI; Bode Opadokun, MD/CEO, FBNGI; Olumide Ibidapo, Head, Technical and Branch Operations, FBNGI; Shola Osho, Head, Business Development, Lagos Island, FBNGI at the Media Parley held to announce the appointment of the new MD/CEO of FBN General Insurance. Leave a comment […]

Insurance

Establish an insurance company, commercial drivers urged

By Felicia Yeboah-Akpoh Jacob Allotey-Jacobs, a member of the National Petroleum Authority (NPA), has called on commercial drivers to established an insurance company to generate additional income to boost their resources. He said as practiced in other countries, drivers could form a company, pay their premium and invest the proceeds […]

Insurance

UK motor insurance premiums increase – survey

The cost of British car insurance rose 6.5 percent in the second quarter compared with the previous three months, website Confused.com said, with the increase blamed on higher prices for repairing more complex vehicles. The cost of an average comprehensive motor premium rose to 715 pounds ($928) in the three […]

Insurance

FBN General Insurance appoints Opadokun MD/CEO

Opadokun Leave a comment and share Chuks Udo Okonta FBN General Insurance Limited has announced the appointment of Olabode Opadokun as its Managing Director/Chief Executive Officer. The firm in a statement said Opadokun is a consummate financial services professional with over 27 years’ experience spanning underwriting, risk assessment, operations and […]