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, […]
Insurance
Insurance man Uranta becomes Royal Father in Opobo kingdom
Dr. Justus Clinton Uranta, the former Group Managing Director/CEO of Niger Insurance Plc is set to join the ranks of Royal Fathers in Nigeria following his recent emergence as Alabo-Elect of Queenstown in Opobo Kingdom, Rivers State. His coronation ceremonies scheduled for June 7, 8 and 9, 2019 will formally […]
NCRIB admits Kari, Oyetola, 15 others as fellows
Kari Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has admitted the Executive Governor of Osun State, Gboyega Oyetola into the Society of Fellows of the Council. Also admitted into the Society of Fellows include the Commissioner for Insurance, Alhaji Mohammed Kari; […]
Fitness walk: CIIN implores govt to enforce insurance laws
Leave a comment and share Chuks Udo Okonta The President, Chartered Insurance Institute of Nigeria (CIIN), Eddie Efekoha, has implored the government to lend more supports to the insurance industry to enable it contribute more to the nation’s Gross Domestic Product (GDP). Efekoha made the call today at the CIIN […]
Insurers pay N20,000 fine for failing to upload motor policies on NIID
From left: Head, Admin and Corporate Affairs, Nigerian Insurers Association, Davis Iyasere; Director General, Mrs. Yetunde Ilori and Managing Director, NSIA Insurance Limited, Mrs. Ebelechukwu Nwachukwu at an event in Lagos. Leave a comment and share Chuks Udo Okonta Insurance companies that failed to upload sold motor policies on the […]
FBN General Insurance records N615.6m PBT in 2018
Opadokun Leave a comment and share Chuks Udo Okonta FBN General Insurance Limited in its released financial report for the year ended 31 December 2018 as approved by the industry regulator, National Insurance Commission (NAICOM), said it recorded a Profit Before Tax (PBT) of N615.6 million FBN General Insurance’s Gross […]
AIICO Insurance posts N37.7bn gross premium written in 2018
Igbiti Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc today announced its financial results for the year ended December 31, 2018. The company’s Gross written premium for the year ending 31 December 2018 increased 17.4 per cent to N37.7 billion from N32.1 billion in 2017. This outstanding […]
Sovereign Trust Insurance posts N10.5bn GPW in 2018
Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has once again put up a brilliant performance in the year 2018 when compared with the company’s performance in 2017, as its Gross Premium Written (GPW) in the year stood at N10.5billion compared to the N8.5billion written […]
FBN General Insurance launches claimsalert service
* To reduce traffic emanating from vehicle accidents From left: Head, Business Development, FBN General Insurance, Mrs. Shola Osho; a ClaimsAlert Service agent; Managing Director/Chief Executive Officer, FBN General Insurance, Bode Opadokun; another ClaimsAlert Service agent and Head, Marketing and Corporate Communications, FBNInsurance, Mrs. Elizabeth Agugoh at the launch of […]
UAE takaful companies catching up with conventional peers
Takaful operators continue to gain traction in the United Arab Emirates (UAE) insurance market as the Takaful segment’s profitability has improved significantly in recent years, according to a new special report by AM Best. In its analysis of the preliminary disclosures of the nationally listed Takaful operators on the Abu […]
