Insurance

Insurance

CR&S: FBNInsurance donates to orphanage homes, hospice

Leave a comment and share As part of its Corporate Responsibility and Sustainability (CR&S) initiative, FBNInsurance Limited and its subsidiary, FBN General Insurance, recently donated various items to Orphanage Homes and a Foundation across three geographical regions of the country: Lagos, Abuja and Port Harcourt. A statement by the insurance […]

Insurance

Sovereign Trust Insurance promotes musical stage play

Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc, has extended its Corporate Social Responsibility (CSR) intervention initiative to the world of Performing Arts in Nigeria with its recent collaboration with Lydar Productions on the production of the musical stage play titled, “Love and Its Other Sides” […]

Insurance

NSIA Insurance wants you to have Plan i

Leave a comment and share Chuks Udo Okonta NSIA Insurance Limited is poised to disrupt the norms with its Plan i initiative which projects insurance as best backup plan. According to the firm, the initiative tagged: “Plan i is the new plan B!” is a campaign meant to highlight the […]

Insurance

Insurance total assets soar to N2.14tn, GPI N630.36bn in 2021

Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said unaudited Gross Premium Income (GPI) for the insurance industry stood at N630,362.35 billion in 2021, as against audited N514 billion recorded in 2020. The Head, Corporate Communications and Market Development, NAICOM, Rasaaq Salami, told Inspenonline that […]

Insurance

Insurers promote agric business with N1.64bn claims

Leave a comment and share Chuks Udo Okonta Insurance companies paid N1.64 billion claims to practitioners of commercial and subsidized agriculture that suffered losses in year 2020. Data obtained from the Nigerian insurers Association (NIA) by Inspenonline, revealed that operators of commercial agriculture got N836.24 million claims while those in […]

Insurance

Revised risk based recapitalisation guideline coming soon

Leave a comment and share Chuks Udo Okonta The insurance industry recapitalisation exercise will soon be reactivated as a revised risk based guideline is in the works and almost set for release, Inspenonline can report. Our investigation revealed that to achieve this feat, the industry regulator, National Insurance Commission (NAICOM) […]

Insurance

CHI pays accident claims of NAIPCO member

Leave a comment and share Chuks Udo Okonta Consolidated Hallmark Insurance (CHI) Plc has paid accident claims of a member of the National Association of Insurance and Pension Correspondents(NAIPCO), who had an incident recently. The insurance firm, had, in October, renewed the Group Personal Accident Insurance cover worth N24 million […]