Kindly leave a comment and share Chuks Udo Okonta African Alliance Insurance Plc has debunked shutting down its operations contrary to reports in national dailies. The firm’s Executive Director Technical Wasiu Amao said: “First and foremost, we want to assure all our stakeholders that African Alliance is still very much […]
Insurance
NCRIB empowers directors of insurance broking firms
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has equipped directors with required knowledge that would enable them enhance the governance and operational efficiency of insurance broking firms. The President of NCRIB Babatunde Oguntade at the Insurance Brokers Directors’ Conference held […]
West African Insurers applaud Continental Re for capacity building in anglophone region
Kindly leave a comment and share Chuks Udo Okonta Insurance practitioners across West Africa have lauded Continental Reinsurance’s commitment to capacity development through continuous training programs in Anglophone countries. The commendations followed a series of training sessions organised by Continental Re during the first half of 2024. The training programs, […]
Leadway Assurance CEO cautions Nigerians on flood associated risks
Kindly leave a comment and share Chuks Udo Okonta The Chief Executive Officer of Leadway Assurance Company Limited, Gboyega Lesi, urgently calls on communities, businesses, and individuals to take immediate and proactive steps in anticipation of the severe flooding forecasted by the National Emergency Management Agency (NEMA). In a July […]
Insurance agents raise concerns on NAICOM’s licensing portal
Kindly leave a comment and share Chuks Udo Okonta Insurance agents have expressed misgivings over neglect and omission of relevant requirements in the recently unveiled licensing portal by the National Insurance Commission (NAICOM). Concerned agents told Inspenonline that they were not carried along in the building of the portal, adding […]
Universal Insurance eyes N100bn premium income in five years
Kindly leave a comment and share Chuks Udo Okonta The Managing Director of Universal Insurance Plc, Ben Ujoatuonu, has said the company would hit N100 billion in premium income in the next five years following the trajectory that has been laid in the last three years. Ujoatuonu, who stated this […]
RACC applauds members roles in RBS implementation
*Unveils newsletter Chuks Udo Okonta The Risk, Audit and Compliance Committee (RACC) of Nigerian Insurers Association (NIA) has applauded the roles played by Compliance, Enterprise Risk Management (ERM) Audit executives in the implementation of Risk-Based Supervision (RBS) by insurance companies. The Chairman of RACC Yemi Mayadenu, said this at the […]
Almond unveils Ebelechukwu Nwanchukwu, Austin Ebose, others as nominees for 2024 Insurance Industry Award
Kindly leave a comment and share Chuks Udo Okonta Almond Productions Limited, the organisers of 2024 Almond Insurance Industry Awards, has unveiled nominees for the Awards slated for Friday, November 1 2024 in Victoria Island, Lagos, where winners will be announced from 10 categories. For the Insurance CEO of The […]
Guild of Marine Surveyors holds 3rd Ogadina annual memorial lecture on August 29
Kindly leave a comment and share Chuks Udo Okonta The Guild of Marine Surveyors has said it would hold the 3rd Monday Ogadina annual memorial lecture on Thursday, August 29, 2024 in Lagos. According to President of the Guild Wale Adetoro, the event would hold at NERDC Conference Centre/Guest House, […]
Expert promotes establishment of 5 new mega reinsurance companies in Nigeria
Kindly leave a comment and share Chuks Udo Okonta To prevent capital flight from the insurance industry, at least, five big reinsurance companies should be established in the next 10 years, the Lead Director, Transparent Protection Ltd/Gte (TPL), Dr. Sam Onyeka, has canvassed. He said this in a presentation at […]