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Insurance

Universal Insurance settles N3bn claims in 2024

Kindly leave a comment and share Chuks Udo Okonta Universal Insurance Plc has paid out a total of N3 billion as claims to policyholders that suffered losses during the period under review. According to the company the payment was made between January 2024 to December 2024. Reacting, Dr Jeff Duru,  […]

Insurance

NAIC names Florence Onwuanuokwu Acting Managing Director, as Folashade Joseph retires

Kindly leave a comment and share Chuks Udo Okonta The Nigerian Agricultural Insurance Corporation (NAIC), has announced the retirement of its Managing Director/Chief Executive Officer Mrs. Folashade Joseph and handing over of responsibilities to Mrs. Florence Onwuanuokwu General Manager (Underwriting) in acting capacity as Managing Director/CEO. The Deputy General Manager […]

Insurance

Concerned operators seek NAICOM intervention in taming activities of insurance commission racketeers

Kindly leave a comment and share Chuks Udo Okonta Concerned insurance brokers have called on the National Insurance Commission (NAICOM) to quickly intervene in curbing the activities of insurance commission racketeers who are presently making business unbearable for genuine operators. The concerned operators who spoke with Inspenonline said NAICOM should […]

Insurance

NAICOM pushes embedment of risk management in governance, public policy to engender national development

*CFI, CEOs of NSIA Insurance, Sovereign Trust, Chairman NEM Insurance bag RIMSON’s fellow status Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said risk management should be embedded in governance, infrastructure planning, enterprise development, and public policy to engender national growth and development. […]

Insurance

NLNG insurance team explores opportunities with NIA

Kindly leave a comment and share Chuks Udo Okonta The Nigeria Liquefied Natural Gas (NLNG) insurance team on Tuesday, April 8, 2025, paid a strategic familiarization visit to the Director General of the Nigerian Insurers Association(NIA). The visit, led by Dr. Adetayo A. John-Fishers, MD of First Standard Insurance Brokers […]

Insurance

Unitrust Insurance Company bonds with policyholders

Kindly leave a comment and share Unitrust Insurance Co. Ltd wishes to inform the public that it is crucial to exercise caution and diligence when purchasing our insurance policies. To ensure you receive genuine policies and accurate information, we strongly advise you to: *Only Transact with Authorized Agents: *Purchase policies […]