Quotes

Quotes

FBNInsurance names Tunde Mimiko Managing Director/CEO

Kindly leave a comment and share Chuks Udo Okonta Nigeria’s leading life insurer, FBNInsurance Limited has announced the appointment of Tunde Mimiko as its new Managing Director/Chief Executive Officer, following the retirement of Val Ojumah. Tunde Mimiko is a seasoned Insurance professional with over 23 years’ experience in life and […]

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Esteeming claims payment

I think the industry chieftains need to take another look at their actions. With due respect, I do not see any reason why anybody would collect premium and would not be able to pay claims. This game is a law of large numbers. You see everybody in a jeep and […]

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Defaulting insurers on NAICOM’s radar

Thomas Those, as many as are not able to meet their obligations, either by reason of having technical insolvency or issues, we are looking at many of them but I may not be able to give you specific number of them. Commissioner for Insurance Sunday Thomas

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When claims settlement becomes the judge

Sunday Thomas I believe that the recapitalisation will be the leveler because we are going to factor in all those outstanding claims before we adjudge any company as having met requirement. There is what we call age analysis and this ensures that if you have claims that have been more […]