Leave a comment and share Chuks Udo Okonta Universal Insurance Plc has announced plans to host members of the Nigerian Council of Registered Insurance Brokers (NCRIB) next week Tuesday in Lagos. A statement by the firm’s Secretary & Head, Corporate Communications, Chinedu Onyilimba, stated that the meeting is the first […]
Insurance
CIIN esteems family values at Ramadan Tafsir
Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) had once again demonstrated its commitments to raising balanced professionals, who should display professionalism at home and the work place. To ensure Insurance professionals display professionalism across board, the Institute in its 2022 Ramadan Tafsir […]
Leadway Assurance spreads happiness with N48bn claims payment to policyholders in 2021
Leave a comment and share Chuks Udo Okonta Leadway Assurance Company Limited, Nigeria’s foremost insurer, has maintained another year-on-year increase with N48 billion claims settlement, sustaining its five-year streak of outpacing the industry players in claims expense to policyholders. Leadway Assurance’s claims expenses for 2021 recorded a 10 per cent […]
Lagosians spend N55.52bn to insure their lives
Leave a comment and share Chuks Udo Okonta People living in Lagos State spent N55.52 billion in 2020 to insure their lives, Inspenonline can report. Data obtained from the Nigerian Insurers Association (NIA) revealed that Lagosians spent N51.95 billion on group life insurance and N3.57 billion on individual life insurance. […]
‘How claims payment changed my life’
Leave a comment and share Chuks Udo Okonta When AIICO Insurance Plc paid the claims of one of its policyholders that suffered a loss, the firm never knew that the act would transform the life of an agent who was not a party in the deal. Sunday Good – not […]
Harsh economy barring Nigerians from benefits of insurance
Leave a comment and share Chuks Udo Okonta Despite the huge challenges … This is a common phrase found in most financial reports of insurance companies, which is a pointer to how the harsh economy is impacting individuals and businesses, barring them from maximising the full benefits acruable from subscribing […]
WAISA opens college to strengthen cross border insurance supervision, minimise fraud
Leave a comment and share Chuks Udo Okonta The West African Insurance Supervisors Association (WAISA) has established the College of Insurance Supervisors for the West African Monetary Zone (CISWAMZ) in Ghana. Head, Corporate Communications and Market Development, National Insurance Commission (NAICOM) ‘Rasaaq ‘Salami, said this in a statement, stating that […]
LCCI, NCRIB partnership great gain for OPS
Leave a comment and share Chuks Udo Okonta The Lagos Chamber of Commerce and Industry (LCCI) has expressed its readiness to forge better collaboration with the Nigerian Council of Registered Insurance Brokers (NCRIB) in order to open up the organised private sector to the values of Insurance. The President of […]
Anchor Insurance sponsors Babakekere, Ogiame Erejuwa II stage plays
Leave a comment and share Chuks Udo Okonta Anchor Insurance Company Limited, one of the fastest growing insurance companies in Nigeria and the Daily Independent’s Insurance Company of the Year Award winner 2020, following its professed love for culture, has thrown its sponsorship weight behind Babakekere and Ogiame Erejuwa II […]
AIICO continues to uplift lives, businesses with payment of N47.3bn in 2021
Leave a comment and share Chuks Udo Okonta Many lives and businesses would have shut down if not for prompt settlement of claims by esteemed underwriting firms such as AIICO Insurance Plc. Committed to its mandate and obligations, AIICO Insurance which remains one of Nigeria’s brightest in underwriting business, has […]