insurance and pension news
Sunday, February 2, 2025
Kindly leave a comment and share Chuks Udo Okonta A gathering of prominent dignitaries and industry leaders marked the official commissioning of Regency Alliance Insurance Plc’s state-of-the-art headquarters in Lagos on Thursday. The event, held at the company’s new ultra-modern building located at 2 Ebun Street, Gbagada Expressway, Gbagada, in […]
Kindly leave a comment and share Chuks Udo Okonta Retail Insured Family Association of Nigeria ( RIFAN), a non-profit organisation whose major priority is to restore confidence of the Insured on insurance in Nigeria, through the Director-General, Ali Theophilus Ugwu, has commended the drastic move by the Inspector General of […]
Kindly leave a comment and share Chuks Udo Okonta Leadway Group, Nigeria’s foremost non-banking financial services provider, has launched a nationwide retail campaign to drive financial inclusion and enhance awareness of its comprehensive suite of solutions. This initiative underscores Leadway’s commitment to delivering accessible and tailored financial products designed to […]
Kindly leave a comment and share The announcement by the National Insurance Commission (NAICOM) that Nigeria will commence full enforcement of third-party motor insurance on February 1, 2025, is a significant milestone in the nation’s insurance landscape. This decision, driven by the need to enhance road safety and ensure compliance […]
Kindly leave a comment and share Chuks Udo Okonta Companies that are unable to cover the additional expenses introduced by a recent circular are required to transfer their annuity portfolio to another suitable insurance company within 180 days, the National Insurance Commission (NAICOM) has said. NAICOM has released a circular […]
Kindly leave a comment and share Chuks Udo Okonta In a collaborative move to strengthen insurance compliance in the country and the announcement by the Inspector General of Police on the enforcement motor vehicle insurance effective 1st February 2025, the National Insurance Commission (NAICOM) and the Nigeria Police Force (NPF) […]
Kindly leave a comment and share Chuks Udo Okonta Insurance companies paid 92.3 per cent of reported motor insurance claims as at third quarter of 2024, the National Insurance Commission (NAICOM) has said. NAICOM stated in the Synopsis of the Insurance Market in Third Quarter 2024, that the improvements in […]
Kindly leave a comment and share Chuks Udo Okonta Three Secondary School teachers have won the Nigerian Council of Registered Insurance Brokers Lagos Area Committee (NCRIB LAC) Train the Teachers Award. They are Emmanuel Jatto, of Greenville Liberty College Ogun State, who took the first position; Ifeanyi Ogunkoya, from Government […]
Kindly leave a comment and share Chuks Udo Okonta The insurance industry in the third quarter of 2024, recorded a N3.88 trillion in total assets representing an expansion of 5.1 per cent compared to the corresponding period when it reported N2.81 trillion as the industry size, the National Insurance Commission […]
Kindly leave a comment and share Chuks Udo Okonta Since the Inspector General of Police Dr. Kayode Egbetokun announced the enforcement of third party motor insurance, which will commence February 1, 2025, it is expected that education and awareness programmes should be organised for commercial bus owners and drivers, who […]
