Kindly leave a comment and share The National Association of Insurance and Pension Correspondents (NAIPCO) has transformed into Nigerian Association of Insurance and Pension Editors (NAIPE). The transformation came on the heels of a new logo identity which was unveiled at the 7th edition of NAIPCO annual conference in Lagos. […]
Insurance
NAICOM fumes over insurers’ inability to harness opportunities across states
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has expressed misgivings over underwriters’ inability to harness opportunities created from its engagements with state governments in enforcing compulsory insurances. The Commissioner for Insurance Sunday Thomas, said this in his keynote address at the investiture of […]
Africa Re prepares insurers for underwriting of $256bn projected agric business in Nigeria
Kindly leave a comment and share Chuks Udo Okonta To enable insurance firms harness opportunities in the USD256 billion Nigeria projected agriculture production by 2030, Africa Reinsurance Corporation, has sustained its determination to train operators on how to effectively underwrite the business. The current total value of agriculture production in […]
Coronation Insurance assures shareholders of robust profit
Kindly leave a comment and share Chuks Udo Okonta Having recorded N14.13 billion Gross Premium Written (GPW) in year 2021, Coronation Insurance Plc, has assured shareholders of robust profits in years ahead. Its Chairman, Mutiu Sunmonu, said this today at the firm’s Annual General Meeting (AGM) in Lagos, adding that the […]
Coronation Insurance promotes importance of insurance to SMEs
Kindly leave a comment and Coronation Insurance Plc and Coronation Life Assurance Limited jointly hosted a live webinar on the Importance of Insurance for Small and Medium Enterprises (SMEs) focussed on the insurance requirements for growing businesses. The virtual seminar was widely attended by a host of participants from the […]
NAICOM pegs filing of financial statements fee at N1m for insurers, N2m reinsurers
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said each company shall at the time of submission of annual returns and audited financial statements pay the following filing fees; Composite Insurers N2,000,000.00; Life Insurers N1,000,000,00; General Insurers N1,000,000.00; Reinsurers N2,000,000.00; Takaful Insurers N500,000.00 […]
Sanlam, MTN Group’s InsurTech alliance kicks off
Kindly leave a comment and share Chuks Udo Okonta Sanlam and MTN Group are pleased to announce that our strategic alliance to market and distribute insurance and investment products across Africa has reached a significant milestone with the fulfilment of the regulatory, competition and other requirements. The effective date of […]
NAICOM gives conditions for payment of dividend by insurers
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has reaffirmed conditions that should precede payment of dividends to shareholders. NAICOM in a document obtained by Inspenonline stated that any dividend distribution shall be subject to submission of prior written application by the insurer and […]
Sanlam Nigeria gives me peace of mind – Policyholder
Kindly leave a comment and share Chuks Udo Okonta Sanlam Life Insurance, Nigeria’s leading life insurer formerly known as FBN Insurance, at its recently held customer stakeholder forums in Abuja, Port Harcourt, Uyo, and Kano, received endorsements for good works by policyholders. The purpose of the event was to express […]
Utomi, Thomas, Oba Akinyomi to grace Omosehin’s investiture
Kindly leave a comment and share Chuks Udo Okonta Erudite Professor of Political Economy and frontline politician Professor Pat Utomi will chair the investiture ceremony of Olusegun Omosehin as the 25th Chairman of the Nigerian Insurers Association (NIA) Also listed for the high-profile event which comes up Thursday, November 3, […]
