insurance and pension news
Monday, March 24, 2025
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission has said it is committed to empowering Nigerian Loss Adjusters during the African Continental Free Trade Area (AfCFTA) era. The Deputy Commissioner for Insurance Finance and Administration, Ekerete Ola Gam-Ikon; said this today at the Nigerian Insurance […]
Kindly leave a comment and share Chuks Udo Okonta As the Holy Bible says that there is joy in heaven when a sinner repents, so also, there is tripartite joy amongst the National Insurance Commission (NAICOM); Insurance practitioners and policyholders when claims are paid promptly. Claims payment can be likened […]
Kindly leave a comment and share AIICO Insurance Plc’s customers have declared the company as the most preferred annuity business manager in the country as it ensures their financial stability and welfare through prompt and improved annuity payment despite the intense economic headwinds and unabating inflationary pressure in the country. […]
Kindly leave a comment and share Chuks Udo Okonta The Board of Directors, Royal Exchange Prudential Life Plc has officially announced the appointments of Polycarp Didam, as the new Managing Director/Chief Executive Officer (CEO). The company also announced the appointment of Dr. Agboola Oladipupo, as the Executive Director, Commercial. According […]
Kindly leave a comment and share Chuks Udo Okonta It was a joyous moment yesterday when members of FIN Insurance Company Limited, as part Ramadan celebration, donated food and drinks packs to Muslim faithfuls at the 1004 Central Mosque, Victoria Island, Lagos. The Executive Director Technical Operations FIN Insurance Company […]
Kindly leave a comment and share Chuks Udo Okonta Negligence by some Insurers to inspect what they insure has robbed them billions of naira in claims. Oftentimes, the negligence stems from trust, as the insurers trust their brokers and policyholders, failing to conduct due diligence on what they insure. A […]
Kindly leave a comment and share As part of Mutual Benefits’ unwavering commitment to making insurance accessible and ensuring compliance with regulatory requirements, the firm is proud to reaffirm its dedication to providing comprehensive and affordable motor insurance coverage. Motor Insurance is an essential financial safety net for vehicle owners, […]
Kindly leave a comment and share Chuks Udo Okonta Some Insurers have reacted to the complaints document published by the National Insurance Commission (NAICOM), faulting the commission for not cross checking with them on the genuineness of the claims before making them public. According to one of the operators, the […]
Kindly leave a comment and share Chuks Udo Okonta Unpaid claims presented to the National Insurance Commission (NAICOM) by aggrieved policyholders in naira terms was over N24.59 billion and $22.56 million, Inspenonline can report. This was obtained by this medium in the recently published complaint document by NAICOM on its […]
Kindly leave a comment and share Chuks Udo Okonta What most insurance operators don’t understand is the fact that enlightened policyholders buy brands and not policies. These class of policyholders pay attention to track records of insurance companies and are loyal to brand names in their insurances. Companies with this […]
