Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said from January 1, 2023, private third party motor insurance policy premium will be N15,000 as against N5000 present rate. The approval was contained in a circular entitled; New Premium Rate for Motor Insurance: numbered: […]
Insurance
Need insurance, meet Sanlam
The Managing Director Sanlam General Insurance Bode Opadokun in this interview with Chuks Udo Okonta says the company sells confidence as a way of life and the better way to live and that when insurance is needed, Sanlam should be the brand that comes to mind. How has your company […]
Wise Nigerians find succour in life insurance
Kindly leave a comment and share Chuks Udo Okonta Prudent Nigerians are taking refuge in life insurance to secure their lives against numerous malaise in the country. These Nigerians have continued to invest in individual life insurance to secure their lives against uncertainties that may arise around them and their […]
Ademola Olutusin becomes Chairman NCRIB Lagos Area Committee
Kindly leave a comment and share Chuks Udo Okonta The Managing Director/CEO, Denos Insurance Brokers Limited, Ademola Olutusin, has been elected the new Chairman of the Lagos Area Committee of the Nigerian Council of Registered Insurance Brokers (NCRIB). He takes over from Olurotimi Olukorede, who served in that capacity in […]
Staco Insurance promises to pay all outstanding claims
Kindly leave a comment and share Chuks Udo Okonta Staco Insurance Plc has pleaded for more time from its policyholders who have outstanding claims with the insurer. Speaking at the Awareness Five Walk of the Nigerian Council of Registered Insurance Brokers (NCRIB), Abuja chapter, to sell Insurance on the roads […]
Proper reinsurance panacea to inflation, exchange rate fluctuation – NAICOM
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said the current surge in inflation and fluctuation of exchange which are impacting insurance can be addressed through proper reinsurance of risks. The Commissioner for Insurance, Sunday Thomas, said this in a podcast monitored by […]
Group life: No cover for FG workers from September to date
Kindly leave a comment and share Chuks Udo Okonta Going by the ‘No Premium No Cover’ law Federal Government workers in Ministries, Department and Agencies (MDAs), paramilitary and intelligence agencies, presently have no cover, in spite the recently approved N9.24 billion for the purpose. Findings by Inspenonline revealed that the […]
Brokers laud FG’s approval of N9.24bn group life cover for workers
Kindly leave a comment and share Chuks udo Okonta Federal Executive Council, yesterday approved N9.24 billion for Group Life Insurance Cover for civil servants for 2022 and 2023. The group life insurance policy would provide cover for government officials in all Ministries Departments and Agencies (MDAs) paramilitary and intelligence agencies. […]
SUNU Assurances Nigeria posts N4.62bn GPW in Q3 2022
* Pays N1.14bn claims Leave a comment and share Chuks Udo Okonta SUNU Assurances Nigeria Plc’s performance has improved tremendously in the Third Quarter (Q3) 2022 compared with Third Quarter 2021 in spite of the harsh operating environment in the country. SUNU Assurances Nigeria, one of the fastest growing underwriting […]
Universal Insurance bags Pearl award
Chuks Udo Okonta Universal Insurance Plc has won the Pearl award for listed Company with the Highest Earnings Yield in 2022. The insurer was announced winner by the organisers of the award at a ceremony held recent in Lagos. Ben Ujoatuonu, Managing Director/ CEO, also commenting on the award, expressed […]
