Leave a comment and share Chuks Udo Okonta The federal government has said it time to have homegrown international insurance conglomerates and charged insurance companies on African continent to leverage on the African Continental Free Trade Area (AfCFTA) to increase productivity. Speaking on behalf of the federal government, at the […]
Insurance
Universal Insurance records N624,65m PAT in 2020
Leave a comment and share Chuks Udo Okonta Universal Insurance Plc one of the frontline insurance firms has said it recorded a Profit After Tax (PAT) of N624,647 million at the end of financial year 31st December 2020. Speaking at the 51st annual general meeting which held virtually in Lagos, […]
Tope Smart: A Quintessential leader now the President of African Insurance Organisation
By Julius Elusakin The African Insurance Organisation held her 47th Conference and Annual General Assembly this week (4- 8 September 2021) in Lagos after the global pandemic denied one of the continental largest associations from holding the event in 2020. The Association which came into being in the year 1972 […]
African Alliance to host NCRIB South-South Area Committee
Leave a comment and share As part of continuous effort to strengthen her relationship with the Nigerian body of Brokers, foremost life insurer, African Alliance Insurance PLC, is set to host the South-South Area Committee of the Nigerian Council of Registered Insurance Brokers (NCRIB). This comes on the heels of […]
AIO:Buhari foresees great future for insurance in Africa
Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari today in Abuja, said there is a great future for insurance industry in Africa and urged Insurance firms in Nigeria to take advantage of ongoing efforts by the Federal Government to grow non-oil sector of the economy through innovation, […]
PILA hosts workshop at 47th AIO Conference
Leave a comment and share Chuks Udo Okonta The Professional Insurance Ladies Association (PILA) is set to host a professional workshop for women, under the aegis of PILA Africa, during the 47th African Insurance Organisation (AIO) conference on the 7th of September, 2021 at the Eko Hotels and Suites, Lagos. […]
Coronation Insurance posts N16.19bn gross premium written in 2020
Leave a comment and share Chuks Udo Okonta Coronation Insurance Plc has said its group’s gross premium written rose to N16.19 billion in 2020 moving from N15.2 billion recorded in 2019. The group also incurred a net claims of N3.21 billion at the end of the financial year ended 31st […]
NAICOM gets kudos for moving to digital operations
Leave a comment and share Chuks Udo Okonta Stakeholders in the insurance sector have applauded the National Insurance Commission (NAICOM) for migrating its operations from manual to digital platform. NAICOM had on Wednesday, September 1, 2021, switched on its operations digitally. Managing Director/Chief Executive Officer, Achor Actuarial Services Limited, Dr. […]
NCRIB throws weight behind AIO conference
Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has thrown its weight behind the 47th Annual African Insurance Organisation (AIO) Conference and General Assembly which is billed for September 4 – 8, 2021 in Lagos. The President of NCRIB, Dr. (Mrs.) Bola […]
Consolidated Hallmark Insurance delights shareholders with N216.8m dividend
Leave a comment and share Chuks Udo Okonta At a time where most insurance firms could not pay dividends to their shareholders, Consolidated Hallmark Insurance Plc, has once again put its investors first by paying them N216.8 million as dividend, which translated to two kobo per ordinary share of 50 […]
