Kindly leave a comment and share The Commissioner for Insurance and Chief Executive Officer, National Insurance Commission (NAICOM), Olusegun Omosehin, is set to headline one of West Africa’s premier conferences at the intersection of insurance and technology, Insurance Meets Tech 2024. This year’s edition, which combines exclusive high-level discourse, IMT […]
Insurance
Hephzibah Chidi from Seacrest Preparatory, Rivers State bags N5m as top winner in Heirs Insurance essay championship
Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group, Nigeria’s fastest-growing insurance Group, has announced the winners of its 2024 Essay Championship, who will be awarded N8 million scholarship. A statement by Communications Manager Heirs General Timilehin Adebiyi, said the winners were announced at a grand ceremony […]
Concerned policyholders implore NAICOM to take over management of African Alliance Insurance
Kindly leave a comment and share Chuks Udo Okonta Worried about unpaid monthly pension benefits to annuitants and claims to the insured, concerned policyholders have called on the National Insurance Commission (NAICOM) to take over the management of African Alliance Insurance Plc inorder to revive the firm and redeem image […]
NAICOM takes tough position on prompt claims payment
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has placed significant premium on prompt settlement of all genuine claims, the Commissioner for Insurance Olusegun Omosehin, has said. He said this at the 2024 Chartered Insurance Institute of Nigeria (CIIN) Professionals’ Forum in Abeokuta, Ogun […]
NAICOM raises recapitalisation flag
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said strong financial base is key to success of the insurance industry. The Commissioner for Insurance Olusegun Omosehin, said this at the 2024 Chartered Insurance Institute of Nigeria (CIIN) Professionals’ Forum in Abeokuta, Ogun State. […]
Sovereign Trust Insurance holds AGM on September 26
Kindly leave a comment and share Sovereign Trust Insurance Plc (the Company) has announced that the company’s 29th Annual General Meeting will be held on Thursday, September 26, 2024. This is coming just after the underwriting firm secured the approval of the National Insurance Commission (NAICOM) and that of the […]
Consolidated Hallmark Regional Director Mrs. Ijeoma Okoro bags top international job
Kindly leave a comment and share Chuks Udo Okonta The Regional Director, Eastern Operations of Consolidated Hallmark Insurance, Mrs. Ijeoma Pearl Okoro, has been appointed as a member of the Board of Trustees of Rotary International, the top humanitarian Non-Governmental Organisation based in Evaston, Illinois, the United States of America. […]
African Alliance Insurance annuitants decry 4 months unpaid pension benefits
Kindly leave a comment and share Chuks Udo Okonta Life has being a bit choking for annuitants who bought Retirement Life Annuity (RLA) from African Alliance Insurance Plc, as they have not been paid pension benefits since May 2024, which is 4 months and still counting. According to one of […]
Lasaco Assurance finalises N11.1bn capital raise in strategic completion board meeting
Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc has held its completion board meeting at the Marriott Hotel in Ikeja, to finalise the capital raising of N11.1 billion through a private placement of 9.25 billion ordinary shares of 50k each at 1.20k per share. The official […]
Retail insurance business struggles amid economic impasse
Kindly leave a comment and share Chuks Udo Okonta The tough economic situation occasioned by the increase in price of fuel and other government policies is hitting hard on retail insurance business, Inspenonline can report. Investigations by Inspenonline revealed that most insurance companies are witnessing drop sales on retail products […]