Leave a comment and share Chuks Udo Okonta Insurance companies under aegis of the Nigerian Insurers Association (NIA) have so far paid claims totaling about N9 billion to different customers that suffered losses from the lootings and destructions that marred the #EndSARS protests in the country in October 2020. The […]
Insurance
NSIA Insurance launches 5 new innovative life products
Leave a comment and share Chuks Udo Okonta Following the approval of five new Life products by the National Insurance Commission (NAICOM), NSIA Insurance Limited is poised to satisfy their customers’ needs through these innovative products; which further reiterates the Company’s commitment to create, protect and preserve wealth. According to […]
FBN Insurance settles N11.4bn claims in 9 months
Leave a comment and share Chuks Udo Okonta FBN Insurance Limited has continued to maintain its position as irrefutable leader in the life insurance segment in the nation’s insurance sector as it paid out N11.4 billion claims to its clients as of the end of the third quarter of 2021. […]
CIIN hopes to commence online professional examination by October 2022
Leave a comment and share Chuks Udo Okonta We are working on fully digitising our operations and hopefully, by October 2022, the Institute will be holding its first ever online professional examination, President, Chartered Insurance Insurance Institute of Nigeria (CIIN) Sir. Muftau Oyegunle, has said. He said this at the […]
GNI’s success stems from unflinching commitment to customer service – Mrs. Osipitan
Leave a comment and share Chuks Udo Okonta The Managing Director/CEO of Great Nigeria Insurance Plc, Mrs. Cecilia O. Osipitan, has said the underwriting firm recorded significant improvement in its operations and financial performance as a result of its unflinching commitment towards exceptional service delivery. In a statement made available […]
Why Nigerians should embrace insurance, pension schemes as safety nets – Experts
Leave a comment and share Chuks Udo Okonta More than ever before, if you are serious about your life, if you want to live a meaningful life, you need to plan for yourself and that is why both insurance and pension is something we should all embrace as Nigerians, the […]
Sovereign Trust Insurance pays N2.5bn claims in nine months
Leave a comment and share Sovereign Trust Insurance Plc has again shown avowed commitment to claims settlement. The Underwriting Firm recently released its third quarter claims record detailing total claims paid between January and September 2021. In the published statement, the claims figures reveal that the sum of N2,515,004,405.67 (Two […]
Buhari assures speedy signing of insurance bill, bags CIIN’s grand patron award
Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari on Thursday promised insurance industry practitioners that he will hasten the signing of the Consolidated Insurance Bill 2020 once it lands on his desk. The President made the pledge during his conferment ceremony as the Grand Patron of the […]
COVID-19: Expert implores insurance, pension operators to leverage opportunities for growth
Leave a comment and share Operators in the Nigerian Insurance and pension sectors have been tasked to leverage the opportunities thrown up by the COVID-19 pandemic to grow the sectors and contribute to the National economy. The operators of these two critical sectors are also charged on creativity and innovation […]
NCRIB-LAC empowers brokers for opportunities in marine insurance as COVID-19, technology disrupt market
Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) Lagos Area Committee (LAC) is seeking to maximise opportunities in marine cargo insurance after the disruptions brought by COVID-19 pandemic, digitalisation across sectors of the economy. The brokers believe that equipping its members with […]
