Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has called on insurance practitioners to rebrand the industry so that their narratives can be better understood by the public. The Commissioner for Insurance/Chief Executive Officer of NAICOM Olusegun Omosehin, said this yesterday in Lagos at […]
Insurance
NAICOM unveils official portrait of CFI Olusegun Ayo Omosehin
Kindly leave a comment and share His profile Olusegun Ayo Omosehin B.Sc Pol Sc.; M.Sc Econs; MILD (LAW); FIIN; FIoD is the Commissioner for Insurance (CFI)/Chief Executive, National Insurance Commission (NAICOM). Omosehin is a multidisciplinary professional with over three decades of hands-on experience spanning strategic planning, risk management, transformational and […]
Allianz sponsors the 50th African Insurance Exchange
Kindly leave a comment and share Chuks Udo Okonta Allianz Commercial South Africa is proud to announce its sponsorship of the 50th African Insurance Exchange (AIE) Conference 2024, held from July 21 – 24, 2024. The conference, themed “Foundation. Foster. Fearless,” will take place at Sun City and is set […]
Sovereign Trust Insurance holds eponymous table tennis tournament
Kindly leave a comment and share Sovereign Trust Insurance on Friday, July 19, 2024, at the Table Tennis Section of the prestigious Ikoyi Club 1938, held the grand finale of its eponymous table tennis tournament, which was witnessed by members of the club, captains of industry, members of Staff and […]
Q2 media performance review: Akinjide Orimolade, Lesi Gboyega top insurance chart
Kindly leave a comment and share Chuks Udo Okonta In spite of the challenging economic conditions and their adverse effects on businesses nationwide, Nigeria’s commercial banking, insurance, and telecommunications sectors have consistently maintained robust media relations, marketing strategies, and public awareness initiatives. Their success has been bolstered by the impressive […]
STI wins strategic, impactful investor in Human capital development award
How we became major leader on bond, guarantee Insurance – Dr. Ujoatuonu
Kindly leave a comment and share Chuks Udo Okonta The Managing Director/Chief Executive Officer of one of the oldest insurance companies in Nigeria, Universal Insurance Plc, Dr. Benedict Ujoatuonu, said his Company is one of the leading underwriters of Bond and Guarantee Insurance in Nigeria. He made the revelation at […]
Bill: NAICOM to cancel insurance licence over 5 verified claims complaints
Kindly leave a comment and share Chuks Udo Okonta Any insurance company that has not less than five complaints of failure to pay claims promptly made against it which the National Insurance Commission (NAICOM) has received and verified, risks loosing its operational licence, the Insurance Reform Bill, has proposed. This […]
Fake insurance operators to bag N50m sanction
Kindly leave a comment and share Chuks Udo Okonta A company, firm or other combination of persons, each principal officer of the company, firm or other combination of persons, who transact any insurance business without being licensed for that purpose, commit an offence and is liable on conviction, to a […]
Insurance reform bill pegs non-life capital at N25bn, life N15bn, reinsurance N45bn
Kindly leave a comment and share Chuks Udo Okonta The reform insurance bill which was yesterday passed for the second reading by the Senate has pegged the minimum capital base for non-life insurance business at ₦25 billion; life business N15 billion and reinsurance N45 billion, Inspenonline can report. Though the […]