Thomas Leave a comment and share Chuks Udo Okonta Since Sunday Thomas was appointed as the Commissioner for Insurance by the federal government, experts have being point-out what he should to take the insurance industry to lofty heights. Adegboyega Adepegba & Co. Legal Practitioners, Arbitrators, Trainers and Consultants, while congratulating […]
Insurance
China:Insurance industry optimistic in withstanding impact of COVID-19
By Vincent Liu Liang China’s insurance sector will be banking on domestic consumption to carry the country’s economy through a global slowdown as the world reels from the effects of the COVID-19 pandemic. At the same time, the crisis has also increased awareness on the importance of protection in the […]
COVID-19:FCA announces measures to help customers remain insured
By Anoop Khanna The Financial Conduct Authority of UK (FCA) has released a series of temporary measures to help insurance customers in financial difficulty to maintain their coverage. FCA interim executive director (strategy and competition) Sheldon Mills in a press release issued on 14 May 2020 said, “We have worked […]
ILAN felicitates with Thomas on his appointment as CFI, NAICOM’s CEO
Egbuniwe Leave a comment and share Chuks Udo Okonta The President-In-Council and the entire members of the Institute of Loss Adjusters of Nigeria (ILAN), have congratulated Sunday Thomas on his appointment as the Commissioner for Insurance (CFI) and Chief Executive Officer (CEO) National Insurance Commission (NAICOM), by the Federal Government […]
Lloyd’s set for massive payout, COVID-19 to result in record losses for industry
By Amir Sadiq Lloyd’s yesterday revealed that it expects to pay out in the range of $3bn to $4.3bn to its global customers as a result of the far-reaching impact of COVID-19, although losses could rise further if the lockdown measures continue into another quarter. The scale of losses would […]
Universal Insurance congratulates Thomas on appointment as CFI, CEO of NAICOM
Ujoatuonu Leave a comment and share Chuks Udo Okonta The Universal Insurance Plc, the Champions Newspapers Limited 2019 Best Innovative Insurance Company of the Year Award winner, has joined the array of well-wishers, professional colleagues, friends, the entire insurance business community as well as associates of Mr Sunday Thomas in […]
Regulator directs insurers to suspend dividend payments for FY2020
The IRDAI has directed insurers, in view of the emerging market conditions, and to conserve capital in the interests of policyholders and the economy at large, to take a conscious call to refrain from paying out dividends from profits pertaining to the financial year ended 31 March 2020 (FY2020), till […]
COVID-19 has revealed importance of insurance – Anchor Insurance boss
Osegha Leave a comment and share Chuks Udo Okonta The Managing Director/Chief Executive Officer, Anchor Insurance Company Limited, Ebose Augustine Osegha, has said insurance all over the world remains risk mitigating mechanism and called on Nigerians to embrace insurance having seen what COVID-19 pandemic has done to businesses, human lives […]
ARIAN felicitates with Thomas on his appointment as CFI, CEO of NAICOM
Leave a comment and share Chuks Udo Okonta The Association of Registered Insurance Agents of Nigeria (ARIAN) has felicitated with Sunday Thomas on his appointment and confirmation as the new substantive commissioner for insurance/ CEO NAICOM by the president of the Federal Republic of Nigeria (President Muhammadu Buhari). In a […]
COVID-19: NCRIB donates relief materials to communities, neighbours
From left: Deputy President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Barr. Rotimi Edu, mni; Chairman, Moleye Community Development Association, Yaba, Alhaji Taiwo Alade Bangbala; Community Women Representative, Mrs. Titilola Iginla and Executive Secretary, NCRIB, Fatai Adegbenro at the NCRIB Palliatives measures in support of Government to cushion […]
