Kindly leave a comment and share Chuks Udo Okonta African Alliance Insurance Plc, yesterday released fund for payment of August 2024 pension benefits to its annuitants. This is as the firm has shutdown its annuity business in line with the mandate given by the National Insurance Commission (NAICOM) and National […]
Insurance
Coronation Insurance drives positive impact through corporate social responsibility initiatives
Kindly leave a comment and share Chuks Udo Okonta Coronation Insurance has reaffirmed its commitment to community development with two impactful initiatives: the donation of school supplies to St. George’s Boys School, Ikoyi and the renovation of the Transforming Lives and Communities Initiative (TLCI) Library in Ajegunle. These projects, undertaken […]
Cybersecurity Threats: Why Data and Cyber Security is Critical for the Insurance Industry
Kindly comment and share In today’s interconnected digital world, the Insurance industry has become a prime target for cybercriminals. With vast amounts of sensitive customer data, including financial information, personal details, and even medical records, Insurance companies face an unprecedented level of risk. As cyberattacks become increasingly sophisticated, the consequences […]
Senate passes Insurance Consolidated Bill, pegs non-life capital at N15bn, life N10bn, reinsurance N35bn
*NAICOM hails passage Kindly leave a comment and share Chuks Udo Okonta The Senate has passed the Insurance Consolidated Bill which seeks to increase the minimum capital for non-life insurance companies operating in Nigeria from N3 billion to N15 billion; life, N2 billion to N10 billion and reinsurance, N10 billion […]
Nkechi Moore: Painful exit of a great pillar of PILA
Kindly leave a comment and share By Tope Adaramola The news hit the entire insurance industry like a thunderbolt in the wind, causing ripples of awe and disbelief in several quarters. It’s just pretty difficult to bear that the admirable and affable Lady Nkechinyere Moore is no more. More shattering […]
Africa Insurance Women Association President Lady Margaret Moore has passed on
Kindly leave a comment and share Chuks Udo Okonta The President of Africa Insurance Women Association (AIWA) and past President of Professional Insurance Ladies Association of Nigeria (PILA) Lady Margaret Moore is dead. Her death was announced on a Facebook platform – Insurance Practitioners Forum in Nigeria. According to the […]
AM Best Affirms Credit Ratings of Continental Reinsurance
Kindly leave a comment and share Chuks Udo Okonta AM Best has affirmed Continental Reinsurance Plc, a leading pan-African reinsurance company’s Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-“, both with a stable outlook. While commenting on the rating in a statement, Lawrence Nazare, […]
NCRIB-LAC new Chairman unveils 4-point agenda to stimulates growth, development
Kindly leave a comment and share Chuks Udo Okonta The newly elected Chairman of Nigerian Council of Registered Insurance Brokers Lagos Area Committee (NCRIB-LAC) Olufemi Oduwole, has identified strategic collaboration; training & human capital development; image building, strategic campaign and sustenance of catch-them-young campaign as key focus during his administration. […]
Coronation Insurance promotes education with renovated Science Lab at Kuramo Senior College
Kindly leave a comment and share Chuks Udo Okonta Coronation Insurance has once again reaffirmed its dedication to community development through the renovation of the science laboratory at Kuramo Senior College, Eti-Osa Local Government Area, Lagos. As part of its Corporate Social Responsibility (CSR) initiatives, this transformative project reflects the […]
Linkage Assurance boosts access with opening of modernised Ilupeju branch office
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has transformed its Ilupeju Lagos Branch Office with modern building facilities that offer good ambiance for staff comfort and customers’ convenience. The transformation work on the branch office is a significant step in the Company’s mission to provide […]