From left: Managing Director, Consolidated Hallmark Insurance, Eddie Efekoha; Chairman, Obinna Ekezie and Company Secretary, Mrs. Rukevwe Falana at the event. Leave a comment and share Chuks Udo Okonta Consolidated Hallmark Insurance Plc has declared N162.6 million amounting to two kobo per share dividend from its 2018 operations. Its Chairman, […]
Insurance
NAICOM raises insurance, reinsurance paid-up share capital to N18bn, N20bn
Commissioner for Insurance, Mohammed Kari Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) today released the minimum paid-up share capital policy for insurance and reinsurance companies in Nigeria, which mandates Life Insurance companies to jack-up their capital from N2 billion to N8 billion; general business […]
AIICO Insurance pays N415.8m dividend
Leave a comment and share Chuks Udo Okonta The Board of AIICO Insurance Plc has declared a six kobo dividend per ordinary share of 50 kobo each, amounting to N415. 8 million to its shareholders, representing 20 per cent increase over what was declared in the previous year. The Chairman […]
Life insurers generate N328.88bn premium from benefit annuity
Leave a comment and share Chuks Udo Okonta Life insurance operators have generated N328.88 billion premium from benefit annuity since the inception of the Contributory Pension Scheme (CPS), Inspenonline can report. According to the National Pension Commission (PenCom) in its fourth quarter 2018 reports, life underwriters also made monthly annuity […]
Universal Insurance donates books worth over N2m to IMT
Benedict Ujuoatuonu, Managing Director/Chief Executive, Universal Insurance Plc, presenting the textbooks to the HOD, Insurance Department on behalf of the school in Enugu recently. Leave a comment and share Chuks Udo Okonta Universal Insurance Plc, one of the most proactive underwriting firms in the country, determined to deepen insurance education […]
FBNInsurance drives sales with Ember Championship
Cross section of the winners at the MD/CEO Ember Championship recently held at Port Harcourt. As part of her corporate strategy to motivate outstanding staff and increase performance in terms of policy uptake, sales persistency and new businesses, FBNInsurance Limited, an FBNHoldings Company associated with the Sanlam Group SA, recently […]
Old Mutual partners Newhomes.ng on innovative digital insurance solutions
From left: Chief Operating Officer, Newhomes.ng, Idris Etti; Director Afreal Limited, Brian Hammond; Executive Head, Marketing Old Mutual Nigeria, Alero Ladipo; Chairman Afreal Limited, Prof. Chris Ogbechie; Managing Director, Old Mutual Nigeria, Jeff Duru and Managing Director, Afreal Limited, Maurice Okoli, during the press briefing to announce the partnership between […]
Linkage Assurance MD, Braie named among top 25 CEOs impacting firms on NSE
From left: Oscar Onyema, CEO, Nigerian Stock Exchange (NSE); Okanlawon Adelagun, executive director, technical, Linkage Assurance Plc, receiving the top 25 CEOs award on behalf of his MD/CEO, Daniel Braie; Anthony Saki, head, oil and gas, Linkage Assurance, and Frank Aigbogun, publisher/CEO, BusinessDay, during the BusinessDay top 25 CEOs and […]
AIICO Insurance Managing Director bags top 25 CEOs awards
From left: Chief Executive Officer, Nigerian Stock Exchange, Oscar Onyema; Managing Director/Chief Executive Officer, AIICO Insurance Plc, Edwin Igbiti and Publisher, BusinessDay, Frank Aigbogun at the award ceremony in Lagos. The Managing Director/Chief Executive Officer of AIICO Insurance Plc., Edwin Igbiti was presented with the Top 25 CEOs Award jointly […]
NAICOM approves Casava as state composite microinsurance firm
Commissioner for Insurance Mohammed Kari Leave a comment and share Chuks Udo Okonta National Insurance Commission has granted approval to Casava Micro-insurance Limited to operate as State Composite Micro Insurance company transacting Life and General Micro Insurance Business in Lagos State only. A statement by the Head, Commissianer’s Directorate NAICOM, […]
