Quotes

Quotes

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

Quotes

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 […]

Quotes

Touching lives when it matters

Babatunde Fajemirokun This endeavour is reflective of our corporate culture of touching lives and impacting communities. These are challenging times and we are mindful of the impact. We have a long-term plan in place to ensure the sustainability of these efforts. Managing Director AIICO Insurance Plc, Babatunde Fajemirokun

Quotes

Promoting insurers, media practitioners relationship

Ebose Augustine The Insurance Journalists must know the challenges the insurance practitioners are facing and therefore, learn to be on the part of ensuring growth for them rather than embark on any destructive journalism. Afterall, what will the Insurance Journalists gain if an insurance organisation sinks as a result of […]

Quotes

Re-thinking strategy, bracing up for recapitalisation

Adeleke Insurers have enough time to consider embracing the window of merger and acquisition. Irrespective of what the economy and pandemic are saying, operators should brace-up, re-think their strategy, refocus their plans and hit the ground running. Managing Director Lancelot Ventures Limited, Adebayo Adeleke

Quotes

Tasks before Commissioner for Insurance

Smart Once again, let me use this opportunity to congratulate the new Commissioner for Insurance, Sunday Thomas on his appointment as the Commissioner for Insurance. He is a thorough bred professional and a round peg in a round hole. For me, his priority should be market development. He should come […]