Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) at the 4th Meeting of the Joint Committee on Insurance for Public Buildings and Buildings Under Construction which held on Wednesday, May 14, 2024 in Abuja has called for a database of buildings to ensure effective […]
Insurance
Lasaco Assurance, Lagos State Government pay N978.62m to families of deceased civil servants
Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc, in collaboration with the Lagos State Government and a consortium of underwriters and brokers, has disbursed N978.62 million in insurance benefits to over 510 families of deceased public servants. The event which held on Friday, May 9, 2025, […]
Combating insurance fraud: A continuing challenge
Kindly leave a comment and share Fraud has plagued the insurance industry globally since its inception, undermining trust and stability. In Nigeria, the insurance industry faced significant challenges in the late 1990s and early 2000s due to economic decline, which also saw a rise in fraudulent insurance claims. Despite efforts […]
Sovereign Trust Insurance empowers employees for optimal risk management
Kindly leave a comment and share Sovereign Trust Insurance Plc has once again reiterated its uncompromising stance on continuous manpower development as the basis for sustainable operational efficiency and business profitability. The Management has identified this as the key critical factor for providing enhanced and seamless insurance service delivery to […]
NAICOM unveils landmark regulation for leased aircrafts, boosting aviation, insurance sectors
Kindly leave a comment and share Chuks Udo Okonta In a groundbreaking move, the National Insurance Commission (NAICOM) has officially launched the Revised Regulation on Insurance for Leased and Financed Aircrafts. This development is set to strengthen Nigeria’s aviation and insurance industries, enhance investor confidence, and promote ease of doing […]
AIO strengthens ties with Nigerian insurers, pledges better return for members
Kindly leave a comment and share The African Insurers Organisation (AIO) has moved to strengthen collaboration with the Nigerian insurance market while pledging more value in return for insurance companies of its member countries. A statement byv Head, Corp. Comm/Brand Management, NIA joke Adeyemi, noted the Secretary General of the […]
Inspenonline summit holds tomorrow
Kindly leave a comment and share The 2025 Inspenonline Retirement Summit is set to hold tomorrow Wednesday, May 7, 2025.at the Nigeria Employers Consultative Association – NECA House, Plot A2, Hakken Balogun Street, Central Business District, Alausa Ikeja, Lagos by 9:00am. The summit which has received endorsements by top dignitaries […]
Coronation Insurance hosts business protection webinar for corporates, entrepreneurs
Kindly leave a comment and share In Nigeria’s dynamic business environment, entrepreneurship is booming—but so are the risks. From fire outbreaks and theft to liability claims and sudden business interruptions, entrepreneurs face a range of unpredictable threats that can shake even the most promising ventures. Yet, too many business owners […]
Chartered Insurance Institute London, RIsk Analyst champion Oil & Gas, Energy insurance summit in Lagos
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurance industry is about to witness a great transformation as the Chartered Insurance Institute (CII) London and Risk Analyst Consultants (UK) have announced plans to organise Oil & Gas, Energy Insurance Programme aimed at enhancing knowledge of practitioners and […]
Less than 70% of Life Companies are currently allowed to even go close to annuity – NAICOM
Kindly leave a comment and share Chuks Udo Okonta Less than 70 per cent of Life Companies are currently allowed to even go close to annuity, the Deputy Commissioner for Insurance Technical Dr. Usman Jankara, has said. He disclosed this yesterday on a Facebook engagement platform – Insurance Practitioners Forum […]