insurance and pension news
Monday, November 25, 2024
Kindly leave a comment and share Chuks Udo Okonta The insurance sector in Nigeria has a large number of competitors, but the limited financial capacity of some has made it difficult to deepen market penetration, the Chairman of Nigerian Insurers Association (NIA) Kunle Ahmed, has said. He stated this in […]
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Nigerian Financial Intelligence Unit (NFIU) have strengthened their partnership to ensure robust financial regulations and safeguarding the integrity of Nigeria’s financial system. This was attained when the Commissioner for Insurance/CEO of National Insurance Commission Olusegun […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) said the Nigerian Insurance Industry Database (NIID) has been upgraded for the National Pension Commission (PenCom) and other parties to verify genuineness of group life insurance policy certificates issued to the insuring public by its members […]
Kindly leave a comment and share Chuks Udo Okonta In spite the multi-billion naira spent on deployment of technology by insurance companies to drive sales of policies, only 3.2 per cent – N32 billion of N1 trillion revenue was attained, Inspenonline can report. Managing Director Peerless Management & Solutions Limited […]
Kindly leave a comment and share Sovereign Trust Insurance Plc is set to host another edition of the company’s annual Ikoyi Club 1938 Table Tennis competition for members and their spouses. The week-long competition will see members compete for laurels in the various categories as provided for in the event […]
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a leading composite insurer in Nigeria, has been acknowledged for its exceptional performance in prompt claims and benefits payment, surpassing N200 billion in settlements over the past five years. This milestone reflects AIICO’s unwavering commitment to providing financial […]
* Lauds partnership with NAIPE Kindly leave a comment and share Chuks Udo Okonta Despite the harsh operating environment in the country, Universal Insurance Plc has projected a premium income of N20 billion for the 2024 financial year. Managing Director of Universal Insurance, Ben Ujoatuonu, made the revelation at the […]
Last year was really good for Cornerstone Insurance Plc as its revenue soared significantly moving from N2.9 billion in 2022 to N17 billion at the end of 2023. The Managing Director/Chief Executive Officer of the Frontline underwriting firm, Stephen Alangbo, is hopeful that better days are ahead for the company. […]
Kindly leave a comment and share Chuks Udo Okonta The Governing Board of the National Insurance Commission (NAICOM) at its meeting held on June 21, 2024, approved the promotion of five staff to the grade of Director following the promotion exercise conducted on March 27, 2024. The new Directors are: […]
Kindly leave a comment and share Chuks Udo Okonta Insurance industry practitioners and dignitaries from different sectors of the economy have applauded the tremendous contributions made by the immediate past Chairman of Nigerian Insurers Association (NIA), now Commissioner for Insurance Olusegun Omosehin, and outgoing Director-General of the Nigerian Insurers Association, […]
