Leave a comment and share Chuks Udo Okonta President, Professional Insurance Ladies Association (PILA), Mrs. Joyce Ojemudia, has implored members of the association to break all biases holding them back as they climb the career ladder. In a statement released by the PILA secretariat shortly after the inauguration of the […]
Insurance
Insurers generate N10,000 premium on third party motor policy from Ebonyi, Kogi State
* No premium from Taraba, Kastina, Kebbi, four other states Leave a comment and share Chuks Udo Okonta With millions of vehicles plying different roads across states in the country, insurance firms only generated N10,000 premium on third party motor policy from Ebonyi State and similar amount from Kogi State […]
PenCom drags 66 employers to court for not remitting workers pension contributions
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) took legal action against 66 employers for failure to contribute and remit their workers pension contributions last year, Inspenonline can report. According to data obtained from PenCom 19 of the defaulting employers were recommended for legal action […]
Women form most vital nucleus of our core values – Tunde Hassan-Odukale
Leave a comment and share Chuks Udo Okonta As the world celebrates 2022 International Women’s Day (IWD), the Managing Director of Leadway Assurance Company Limited, Tunde Hassan-Odukale, has reiterated the critical role women in the organisation have played in advancing the company’s vision and performance in the African insurance marketplace. […]
Insurers generate N6.58bn from third party motor business as racketeers reap N160bn
Leave a comment and share Chuks Udo Okonta Insurance companies generated N6.58 billion Gross Premium Written GPW) from third party and third party fire & theft motor business in 2020, Inspenonline can report. This is even as stakeholders believed the insurance industry is losing a whopping N160 billion annually to […]
Frenzy as annuity claims gulp insurers gross premium written
Leave a comment and share Chuks Udo Okonta Gross Premium Written (GPW) by top life insurance firms were gulped by claims arising from retiree life annuity business in 2020, Inspenonline can report. This is as drops on yields from bonds and treasury bills, as a result of government policies, have […]
Enterprise Life Nigeria marks one year of impactful underwriting
* Reaffirms customer Commitment Leave a comment and share Chuks Udo Okonta It is a time to celebrate as Enterprise Life Nigeria, with its distinctive “Thoroughbred Horse” imagery, in March last year, made a bold entry into the Nigerian market with a clear vision to make a difference and also […]
Insurers blame CEOs on dearth of helmsmen, succession plan
Leave a comment and share Chuks Udo Okonta Some insurance practitioners have blamed Chief Executive Officers (CEO) of insurance firms for the alleged dearth of capable personnel for managing director positions in the sector. Inspenonline had earlier published a report where the Commissioner for Insurance Sunday Thomas, raised the concern […]
AIO holds 25th – 30th June 2022 in Kenya
Leave a comment and share 48th Conference and 50th #Anniversary of the African #Insurance Organisation, AIO. Date: 25th – 30th June 2022 Venue: The EDGE Convention Centre, College of Insurance, #Nairobi – Kenya Registration: To open soon.
Unitrust Insurance gets NAICOM’s nod to underwrite agric business
Leave a comment and share Chuks Udo Okonta Unitrust Insurance Company Limited has secured the approval of the National Insurance Commission (NAICOM) to underwrite agricultural risks in 2022. A statement by the firm’s Head, Corporate Communications, Swachet Iliyasu, said the ‘no objection’ nod will enable the organisation to support farmers […]
