Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is evolving guidelines that would help ensure all Federal Government’s assets are insured, a development that would enhance profitability for the insurance sector. The Deputy Commissioner, Technical, NAICOM, Sabiu Abubakar, said this today at the Chartered […]
Insurance
NAICOM may liquidate more insurance companies to sanitise industry – Abubakar
Leave a comment and share Chuks Udo Okonta Having positioned two underwriting firms – Niger Insurance Plc and Standard Alliance Insurance Plc for liquidation, the National Insurance Commission (NAICOM) said more companies may also face similar sanction as part of moves to sanitise the industry. The Deputy Commissioner, Technical, NAICOM, […]
Retail, awareness creation vital for insurance penetration – NAICOM
Kindly leave a comment and share Chuks Udo Okonta Showing more commitments to retail insurance practice and creation of robust awareness would help deepen underwriting penetration, the Commissioner for Insurance, Sunday Thomas, has said. He told Inspenonline that the National Insurance Commission (NAICOM) would continue to encourage insurance practitioners to […]
Shareholders laud Cornerstone insurance’s job creation, performance amid economic headwinds
Leave a comment and share Chuks Udo Okonta Cornerstone Insurance Plc, has received kudos from its shareholders over job creation and superb financial performance in 2021. The shareholders expressed their delight at the firm’s Annual General Meeting (AGM) which held physically and vertically today. They appreciated the underwriting firm for […]
Sovereign Trust Insurance keeps policyholders smiling with N3.7bn claims in 2021
Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc, in 2021 settled claims totaling N3.7 billion to various policyholders spread across the country. The company has fixed Thursday August 18, 2022, for its 27th Annual General Meeting (AGM) having been granted approvals for the 2021 Annual Report […]
NCRIB plans insurance education for Lagos State workers, 2,800 students
Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) will be taking insurance education to Lagos State workers and about 2,800 students, its President, Rotimi Edu, has said. He disclosed this in an interview with Inspenonline, stating that the brokers fraternity will be […]
AIICO Insurance drives operations leveraging global ESG goals, other initiatives
Kindly comment and share Chuks Udo Okonta AIICO Insurance Plc said its operations are conducted around global Environmental Social and Governance (ESG) goals to impact the environment positively. The Executive Director, AIICO Insurance, Adewale Kadri, said this in an interview with Inspenonline on the sideline of the just concluded African […]
Government should save ailing insurance firms – Edu
The President, Nigerian Council of Registered Insurance Brokers (NCRIB) believes insurance firms should not be allowed to fail. In this interview with Chuks Udo Okonta, which was conducted at the sideline of the recently held African Insurance Organisation (AIO) conference in Nairobi Kenya, he implored government to intervene and support […]
CIIN ORC cares, donates to Hearts of Gold Children’s Hospice
Leave a comment and share Chuks Udo Okonta The Offices Representatives Committee (ORC) of Chartered Insurance Institute of Nigeria (CIIN) today made cash and gift donations to the Hearts of Gold Children’s Hospice in Surulere, Lagos. The event was special as it provided the newly elected President of Chartered Insurance […]
African Alliance delights policyholders with N4.08bn claims in 6 months
Leave a comment and share Chuks Udo Okonta Foremost life insurer, African Alliance Insurance PLC has revealed that in the first six months of the year 2022, it has paid some ₦4.08bn in claims to its customers spread across several lines of businesses. Speaking on the firm’s claims profile, Joyce […]
