Insurance

Insurance

AfCFTA: NAICOM charges insurers to assert dominance in Africa

Kindly leave a comment and share Chuks Udo Okonta Insurance entities in Nigeria have been charged not to relinquish their position as continental leaders, but assert dominance in Africa under the African Continental Free Trade Area (AfCFTA). The Commissioner for Insurance and Chief Executive officer National Insurance Commission (NAICOM) Olusegun […]

Insurance

Insurers target N5tn premium mark

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. […]

Insurance

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 […]

Insurance

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 […]

Insurance

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 […]