Insurance

Insurance

3 Reasons You Need More Insurance Than You Think

Things happen. They happen to people and inanimate objects, and they happen for very good reasons or for no reason at all. For those in pursuit of accumulating significant retirement accounts and robust stock portfolios, or even if you’re new to saving, it’s never a bad time to review your […]

Insurance

An Insurance Solution for the World’s Poorest

*Entrepreneur Ntando Kubheka has launched a platform to insure the properties of millions of poor South Africans — even if if they live in shacks or homes without title deeds. * Kubheka’s company, Sugar, is gaining steam after launch this year, and he has dreams of taking it global. In […]

Insurance

Retiree Life Annuity fund soared to N463.10bn in Q2 2020

Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said the Retiree Life Annuity (RLA) depicts marginal growth as the portfolio recorded 83,917 contracts purchased for a total premium of ₦376,585,316,488.84 as at end of Q2, 2020, which depicts 2.69 per cent and 1.58 per cent […]

Insurance

Obasanjo, Gbenga Daniel congratulate Soyewo at 70

Soyewo Leave a comment and share Chuks Udo Okonta Former President, Chief Olusegun Obasanjo has joined other well-wishers in congratulating Prince (Dr) Feyisayo Soyewo, past President of the Nigerian Council of Registered Insurance Brokers (NCRIB) and the Olori Omo Oba of Ago-Iwoye on his 70th birthday. In a letter of […]

Insurance

NAICOM eyes states involvement in new MDRI regime

Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said it is rejigging the Market Development and Restructuring Initiatives (MDRI) to make room for agencies of states to be involved in the system. The Commissioner for Insurance, Sunday Thomas, said this in a chat with […]

Insurance

Recapitalisation for micro insurance firms coming

Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is nursing the idea to raise the operating capital for micro insurance business, Inspenonline can report. The Commissioner for Insurance, Sunday Thomas, alluded to this fact in an interview with NAIPCO Trumpet a journal published by […]

Insurance

Insurance broker accused of stealing Sh11.8m Sanlam premiums

An insurance broker has been charged with stealing, for withholding Sanlam Insurance premiums meant for reinsurance at Waica, Continental, Ghana and CICA Reinsurance companies. Cecilia Bridgit Rague, CEO of Underwriting Africa Insurance Brokers was charged with stealing over Sh11.8 million in December 6, 2019 at NCBA Westlands Nairobi jointly with […]