Kindly leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc said it paid N1.91 billion claims to policyholders in half year 2024, a feat which showed its commitment to customer satisfaction evident by prompt claims resolution. The underwriting firm in its released claims payment report for the […]
Insurance
NAICOM, NSITF to set up joint committee to drive collaboration
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Nigeria Social Insurance Trust Fund (NSITF) have agreed to set up a joint committee to drive collaboration, harness the contribution of insurance generally to national output and also boost growth potentials of the insurance sector […]
NAICOM pledges support to Nigerian Factoring Working Group
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has pledged full support to the development of Nigerian Factoring Working Group. The Commissioner for Insurance Olusegun Omosehin, said this when he hosted a delegation from the Nigerian Factoring Working Group in his office in Abuja […]
NAIC sympathizes with flood victims, assures prompt payment of claims
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Agricultural Insurance Corporation (NAIC) has sympathized with flood victims across the country, informing them that it shares their pains and agony and would stand with them at this trying period. In a statement issued from the office of the […]
NCRIB-LAC, ICAN educate brokers, Insurers on sustainability reporting
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers Lagos Area Committee (NCRIB-LAC) in partnership with Institute of Chartered Accountants of Nigeria (ICAN) have organised a workshop to educate insurance brokers and underwriters on sustainability reporting. The training tagged: ‘National Workshop on Sustainability […]
Insurance industry debunks claims of incapacity to underwrite aviation risks
Kindly leave a comment and share Chuks Udo Okonta Against the backdrop of pessimism that the Insurance Industry lacks capacity to underwrite evolving aviation risks, the industry operators have debunked the belief, noting that though the aviation industry is an evolving landscape with several advancements, the insurance industry was best […]
Photos: Faces at ongoing NCRIB-LAC, ICAN national workshop on sustainability reporting for insurance brokers in Lagos
Expert projects insurance as game changer in fight against poverty
Kindly leave a comment and share Chuks Udo Okonta Increasing insurance penetration in Nigeria has the potential to be a game-changer in the fight against poverty, the Head, Energy and Special Risk, International Energy Insurance Kolade Awosanmi, has said. He disclosed this while delivering a keynote paper entitled: ‘Insurance Penetration […]
Anxiety over payment of annuity to defunct Niger Insurance annuitants
Kindly leave a comment and share Chuks Udo Okonta There is fear that the joy of annuitants under the Defunct Niger Insurance Plc who are presently being paid by a Pension Fund Custodian (PFC) may soon be cut short. This is because Inspenonline has gathered that the PFC may soon […]
NAICOM driven by public interest on recapitalisation – Omosehin
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said it is driven by public interest as regards the insurance industry recapitalisation, while operators are interested in what is good for their operations. The Commissioner for Insurance/Chief Executive Officer NAICOM Olusegun Omosehin, who said […]