Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc., celebrated International Women’s Day 2024 with programmes and activities aimed at exploring, enhancing, and exhibiting the potential of women, both within and outside of the organisation. The day unfolded with a series of engaging activities, including a career […]
Insurance
Government has no business compensating people for insurable risks – ARIAN President
Kindly leave a comment and share Chuks Udo Okonta It is not the sole responsibility of government to compensate people who suffer risks that are insurable, the National President Association of Registered Insurance Agents (ARIAN) Olakunle Odewunmi, has said. He stated this today at the 2024 ARIAN Insurance Walk in […]
Insurfeel: Promoting insurance inclusion through donation of policies
Kindly leave a comment and share Chuks Udo Okonta Over the years several initiatives have been developed to drive insurance inclusion and grow the business, but the introduction of Insurfeel a concept that encourages the donation of policies to uninsured has been rated as game changer. According to the Managing […]
Brokers bag Osun State support on insurance
Kindly leave a comment and share Chuks Udo Okonta The Osun State Government has assured Insurance Brokers of sustained support to actualise its financial management thrust for the progress of the state. The Governor of the State, Senator Ademola Adeleke, gave the assurance when the President of the Nigerian Council […]
Insurance agents to storm Alausa with ‘no gree for risk’ awareness campaign tomorrow
Kindly leave a comment and share Chuks Udo Okonta Association of Registered Insurance Agents of Nigeria (ARIAN) in a bid to ensure deeper insurance penetration in Nigeria, is set for 2024 Annual Insurance walk tagged: ‘No Gree For Risk’ billed to take place tomorrow, Friday, March 8, 2024. The walk […]
Sovereign Trust Insurance celebrates womenfolk for impactful contributions
Kindly leave a comment and share Chuks Udo Okonta As the world gets set to celebrate this year’s edition of the International Women’s Day on March 8, 2024, the Managing Director and Chief Executive Officer of Sovereign Trust Insurance Plc, Olaotan Soyinka, has reiterated the company’s commitment to providing an […]
FIN Insurance bags N7.1bn profit in 2023, strengthens relationship with brokers
Kindly leave a comment and share Chuks Udo Okonta FIN Insurance Company Limited, has sustained its growth milestone with increase in Profit Before Tax (PBT) from N649, 568 million in 2022 to N7.1 billion in the 2023 financial year, with total assets rising to N21.1 billion when compared to N12.7 […]
Why insurers should esteem prompt payment of individual claims
Kindly leave a comment and share Chuks Udo Okonta Retail insurance, which is prominently dominated by individual policies, remains the master key to open insurance space in Nigeria, hence, should be given the needed attention, especially, prompt settlement of all genuine claims. Of the billion of Naira, doled out as […]
NAICOM, insurers chart way forward for IFRS 17 implementation
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) in collaboration with the Nigerian Insurers Association (NIA) Accounting Technical Committee (ATC) are charting ways on how to ensure IFRS 17 is implemented effectively. At a one-day interactive session with key stakeholders on IFRS 17 implementation […]
African Alliance reaffirms commitments to paying valid claims, settles N1.1bn in 2024
Kindly leave a comment and share African Alliance, a stalwart with over 63 years of expertise in the life assurance sector, is presently charting a course to illuminate the lives of both shareholders and customers alike. In a resounding affirmation, the Managing Director of the winner of the 2022 “Claims […]
