Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has strengthened its collaboration with British Insurance Brokers Association (BIBA) with an assurance of support received from the Association. The President of the Council, Rotimi Edu, mni during his visit to BIBA in London […]
Insurance
Expert canvasses need for digital savvy directors on boards of insurance firms
Leave a comment and share Chuks Udo Okonta Insurance companies have been charged to embrace the digital age and ensure they have digital savvy directors on their boards if they hope to remain in business. The Chief Executive Officer, Future Software Resources Limited, Nkemdilim Uwaje Begho, said this while delivering […]
Together4ALimb: Stanbic IBTC holds Seventh Edition
Leave a comment and share Chuks Udo Okonta Stanbic IBTC Holdings PLC, a member of Standard Bank Group, recently held the seventh edition of its flagship Corporate Social Investment Initiative to create awareness for children living with limb loss. The initiative tagged ‘Together4ALimb’ focused on children who had suffered limb […]
NCRIB Abuja pledges collaboration with Heirs Insurance, Heirs Life on delivering 24-hour claims settlement
Leave a comment and share Chuks Udo Okonta Members of the Abuja chapter of the Nigerian Council of Registered Insurance Brokers (NCRIB) pledged their commitment to collaborating with Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) on delivering 24hours claims settlement to clients. The commitment was made at the […]
NAICOM implores insurance directors to prioritise payment of genuine claims
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has implored Directors in insurance sector to work assiduously with their managements to promote prompt settlement of claims. The Commissioner for Insurance/Chief Executive Officer of NAICOM, Sunday Thomas, said this today at the 2021 Insurance Directors’ Conference, […]
NAICOM charges insurance agents on professionalism
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has implored insurance agents to develop themselves and embrace professionalism to enable them contribute more towards the growth of underwriting sector. The Commissioner for Insurance Sunday Thomas, said this at the recently held ARIAN Managers’ Training organised […]
GCR upgrades Leadway Assurance’s financial strength rating to “AA”
Leave a comment and share Chuks Udo Okonta GCR Ratings, a leading African rating agency, has upgraded Leadway Assurance Company Limited’s national scale financial strength rating to AA(NG) from AA-(NG), the second-highest financial credit rating, in their October 2021 Report. This rating indicates Leadway Assurance’s superior capacity to meet financial […]
Heirs Insurance, Heirs Life to host NCRIB Abuja members’ evening
Leave a comment and share Digital insurance companies Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) have announced plans to jointly host Abuja-based brokers at the NCRIB Members’ Evening coordinated by the Abuja Chapter of the Nigerian Council of Registered Insurance Brokers (NCRIB). The event will hold on Wednesday, […]
AIICO sweeps 2021 BAFI Awards
Leave a comment and share AIICO Insurance Plc., a leading insurer in Nigeria, has emerged as Life Insurance Company of the Year and Digital Insurance Company of the Year in the recently held Banks and Other Financial Institutions (BAFI) Awards, organised by Businessday Newspaper. A statement by AIICO’s Head, Strategic […]
Insurers reap N464.53bn premium from retiree life annuity
Leave a comment and share Chuks Udo Okonta The total premium from Retiree Life Annuity (RLA) transferred to insurance companies from inception of the Contributory Pension Scheme (CPS) to December, 31, 2020 stood at N464.53 billion, the National Pension Commission (PenCom) has said. PenCom stated this in a report obtained […]
