Kindly leave a comment and share Chuks Udo Okonta The immediate past Commissioner for Insurance and Chief Executive Officer, National Insurance Commission (NAICOM) Alh. Mohammed Kari has been appointed as the new Waziri of Bauchi by the Emir of Bauchi His Royal Highness, Dr. Rilwanu Suleiman Adamu CFR. The title […]
Insurance
Why African insurers must adopt ESG 1 for sustainable growth – ICEA LION Group CEO
Kindly leave a comment and share Chuks Udo Okonta Insurance regulators and operators in Africa have been enjoined to adopt ESG (Environmental-Social-Governance) ESG to drive sustainable growth of the market on the continent. The clarion call was made by Philip Lopokoiyit, Chief Executive Officer (CEO), ICEA LION Holdings at the […]
Sovereign Trust Insurance assures policyholders robust services in 2023
Kindly leave a comment and share As part of its commitment to delighting every policyholder under the stable of Sovereign Trust Insurance Plc, the Management has again given the assurance that 2023 will be mutually rewarding for all its Policyholders home and abroad be it individuals or corporate organisations. A […]
2023: Igbiti implores insurance practitioners to convert challenges to opportunities
Kindly leave a comment and share Chuks Udo Okonta The President Chartered Insurance Institute of Nigeria (CIIN) Edwin Igbiti, in a new year message, has implored insurance practitioners to convert economic challenges to opportunities as risk bears in 2023. Igbiti noted that indeed 2022 was an interesting and remarkable year […]
Expert recommends graduation of third party premium, claims
Kindly leave a comment and share Chuks Udo Okonta As different groups mount pressure on the National Insurance Commission (NAICOM) to withdraw its new vehicle insurance third party policy, an expert has recommended the graduation of premium and claims payment to cater for different class of motorists. The insurance expert, […]
NAICOM may extend implementation date of new premium regime
Kindly leave a comment and share Chuks Udo Okonta Owing to opposition from different stakeholders on the new premium and claims regime announced by National Insurance Commission (NAICOM) which ought to fully commenced today January 1, 2023, the insurance regulator may consider extension of the date to give room for […]
Insurers woo motorists with N5000 third party cover in last minute deal
Kindly leave a comment and share Chuks Udo Okonta Insurance companies are reaching out to prospective vehicle owners to quickly insure their vehicles today at the rate of N5000 before the implementation of the new premium tariff of N15,000 which commences tomorrow, January 1, 2023. Inspenonline obtained a message sent […]
N15,000 third party insurance covers Nigerian motorists within west Africa region
Kindly leave a comment and share Chuks Udo Okonta Nigerian motorists driving within the West Africa sub-region would not bother to buy Economic Community of West African States (ECOWAS) Brown Card as it has been captured in the new premium for third party vehicle that will be on sales from […]
Gov Akeredolu mourns Dr. Anothonia Smart, wife of NIA former Chairman
Kindly leave a comment and share Chuks Udo Okonta Governor Oluwarotimi Akeredolu of Ondo State, has commiserated with the State Pension Commission over the demise of its part-time Chairman, Dr. (Mrs) Anthonia Smart. Dr. Anothonia Smart passed on Thursday last week. Her husband was the former Chairman of Nigerian Insurers […]
SUNU Assurances eases Nigerians pains, replaces Range Rover insured with N2m
Kindly leave a comment and share Chuks Udo Okonta A banker, Okoro insured his vehicle, a Range Rover 2018 model at about N70 million and bought a comprehensive insurance cover at about N2 million. Okoro went on to renew his policy in the second year, meaning he has insured the […]
