Kindly leave a comment and shares Chuks Udo Okonta While celebrating the N1.17 trillion gross premium written as at third quarter of 2024, insurance operators have set a target of N5 trillion mark for the industry. The Chairman of Nigerian Insurers Association (NIA) Kunle Ahmed, who disclosed this at the […]
Insurance
NAICOM spotlights benefits of AfCFTA to insurance sector
Kindly leave a comment and share Chuks Udo Okonta The African Continental Free Trade Area (AfCFTA) presents a transformative opportunity for Nigeria and insurance industry to expand into new markets, drive growth and create prosperity, the Commissioner for Insurance/ Chief Executive Officer, National Insurance Commission (NAICOM) Olusegun Omosehin, has said. […]
Prudence Foundation, Prudential Zenith Life Insurance, Nigerian Red Cross Society launch ‘Safe Steps’ to revolutionize Nigeria’s road safety
Kindly leave a comment and share Chuks Udo Okonta Prudence Foundation, the community investment arm of Prudential plc, in partnership with Prudential Zenith Life Insurance and the Nigerian Red Cross Society, recently announced the launch of the SAFE STEPS Road Safety Initiative—a landmark program designed to enhance road safety awareness […]
Unitrust is transforming insurance engagement with UNIS
Kindly leave a comment and share Chuks Udo Okonta Unitrust Insurance has proudly announced the launch of its innovative UNIS chatbot, a groundbreaking digital solution designed to revolutionize customer engagement in the insurance sector. With customer convenience at the core of its operations, Unitrust Insurance is introducing this AI-powered chatbot […]
Rex Insurance bags brokers’ continuous patronage, business support
Kindly leave a comment and share Chuks Udo Okonta Rex Insurance has been lauded by the President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Prince Babatunde Oguntade, as a financially strong; reliable and trustworthy insurer worthy of patronage and support of the Broker Community in Nigeria. He made […]
Insurance companies pay about N20bn tax in 2024 – FIRS
Leave a comment and share Chuks Udo Okonta The Coordinating Director of Federal Inland Revenue Service, Nigeria, Olusanya Gbonjubola, has revealed that insurance premiums paid through insurance Brokers was about 90 per cent of the total insurance premium collected in year 2024, while insurance Companies contributed less than N20 billion […]
Sovereign Trust Insurance backs 8th edition of Open Golf Tournament in Ibadan
Kindly leave a comment and share Chuks Udo Okonta The stage is set for the 8th edition of the Sovereign Trust Insurance Plc Open Golf Tournament in the ancient city of Ibadan, Oyo State. The event is scheduled to hold from March 7 – 9, 2025, at the Ibadan Golf […]
Insurers to pay fine on policyholders complaints resolved by NAICOM
Kindly leave a comment and share Chuks Udo Okonta Determined to sanitise the insurance industry and stop frivolous excuses that often push policyholders into flooding the National Insurance Commission (NAICOM) with complaints, insurance companies would henceforth pay for all cases resolved by the regulator. This was part of the resolutions […]
African Alliance annuitants take seven months unpaid benefits to federal government
Kindly leave comment and share Chunks Udo Okonta Annuitants with African Alliance Insurance Plc have taken their seven months unpaid pension benefits plight to the federal government. They have called on President Bola Tinubu, to intervene and ensure their matter is addressed to enable them live comfortably in retirement. The […]
Oguntade makes NCRIB Seal compulsory for brokers
Kindly leave a comment and share Chuks Udo Okonta In a bold move to uphold the integrity and authenticity of the Nigerian Council of Registered Insurance Brokers (NCRIB), President Prince Babatunde Oguntade has announced that any letter or bid without the Council’s seal will no longer be honored. This decision […]