Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has pledged to work with the National Data Protection Commission (NDPC) on data protection. The Commissioner for Insurance/CEO NAICOM Olusegun Omosehin, said this when he received in his office the National Commissioner/CEO National Data Protection Commission […]
Insurance
CAMCONIA annual retreat holds on August 22
Kindly leave a comment and share Chuks Udo Okonta The Corporate Affairs Managers Committee of the Nigerian Insurers Association (CAMCONIA), the elite body of Brand, Marketing and Corporate Communications professionals in the Nigerian Insurance industry, is set to hold its annual retreat from August 22 to 24, 2024 in Abeokuta, […]
Heirs Insurance Group appoints Ibrahim Puri, Sonny Iroche as independent non-executive directors
Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance provider, has announced the appointment of Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors of its non-life insurance business, Heirs General. The appointments further strengthen HIG’s governance and leadership team. HIG has enjoyed […]
Former CFI Kari raises objection to licensing of NPF Insurance by NAICOM
Kindly leave a comment and share Chuks Udo Okonta The former Commissioner for Insurance Mohammed Kari, an astute insurance practitioner, has raised an objection against the licensing of Nigeria Police Force – NPF Insurance Company Limited by the National Insurance Commission (NAICOM). He expressed his objection in a letter sighted […]
IEI shines at Africa International Housing Show 2024
Kindly leave a comment and share Chuks Udo Okonta International Energy Insurance Plc (IEI), a Norrenberger company, successfully showcased its innovative insurance solutions at the Africa International Housing Show (AIHS) 2024, held in Abuja from 22nd to 27th July 2024. As a leader in the insurance industry, IEI demonstrated its […]
Insurance operators crave registration of more reinsurance firms
Kindly leave a comment and share Chuks Udo Okonta Amid the ongoing debate on increasing the minimum capital for insurance and reinsurance companies, operators have said there should be registration of more reinsurance firms to help retain underwriting funds in the country. Inspenonline gathered that this is one of the […]
Proposed capital polarises insurance industry, as NAICOM, NIA parley
Kindly leave a comment and share Chuks Udo Okonta The proposed minimum capital requirements in the Reform Insurance Bill for Insurance and reinsurance operations has polarised practitioners as some have considered it necessary while others are kicking against it. The Nigerian Insurers Association (NIA) has opposed the minimum capital base […]
Bill: Insurers frown at contribution of 1% motor insurance net premium for road accident victims
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has raised concerns about the proposed contribution of one per cent of motor insurance net premium to a fund for road accident victims. The Chairman of NIA Kunle Ahmed, said this in his presentation at the […]
Practitioners grumble at licensing of NPF Insurance Company Limited
Kindly leave a comment and share Chuks Udo Okonta Insurance practitioners seemed not to be comfortable with the quest of the Nigeria Police Force (NPF) to float an insurance company. Recall the National Insurance Commission (NAICOM) has said it has commenced the process of registering Nigeria Police Force – NPF […]
WAICA hails Sanlam Allianz merger
Kindly leave a comment and share Chuks Udo Okonta The West African Insurance Companies (WAICA) has given kudos to the management and staff of SanlamAllianz Insurance on the successful conclusion of their merger and launch in Ghana. The Secretary General of WAICA, Davis Iyasere, while speaking on the joint venture, […]