Thomas Leave a comment and share Chuks Udo Okonta Insurance firms operating without an in-house actuary would soon be denied the opportunity to underwrite annuity business, Inspenonline can report. This is one of the rules the National Insurance Commission (NAICOM) is considering to help boost the underwriting of benefits annuity […]
Insurance
CIIN tasks examiners on code of conduct, corporate governance
From left: Director General, Chartered Insurance Institute of Nigeria, Richard Borokini, Chairaman, Examination Committee of the Institute, Rev. Olusola Ladipo-Ajayi and Deputy President, Sir Muftau Oyegunle at the event. Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has implored individuals saddled with responsibilities […]
Insurers post N471.8bn gross premium income in 2019
From left: Managing Director/Chief Executive Officer, Dr. Oladimeji Alo; President, Chartered Insurance Institute of Nigeria, Eddie Efekoha and Head, Head, Financial Institutions Ratings,Agusto&Co Nigeria, Ayokunle Olubunmi at the event. * About 500,000 Nigerians embrace microinsurance Leave a comment and share Chuks Udo Okonta Insurance companies posted about N471.8 billion Gross […]
We don’t want liquidation of any insurance firm – NAICOM
From left: Director, Head Office Branch Lagos, National Insurance Commission, Adamu Balanti and Commissioner for Insurance, Sunday Thomas at the event. Leave a comment and share Chuks Udo Okonta We do not want any insurance firm to be liquidated after the ongoing recapitalisation, the Acting Commissioner for Insurance, Sunday Thomas, […]
Insurers generate just N1.50bn premium from e-channels
Leave a comment and share Chuks Udo Okonta In spite the huge funds deployed by insurance companies on Information Communication Technology (ICT) to boost their premium generation, only N1.5 billion was generated through e-channels in 2018, Inspenonline can report. Data obtained from the Nigerian Insurers Association (NIA), Underwriters got N1.50 […]
CR&S: FBNInsurance donates to Homes and Hospices
R-L: Mrs. Anne Edeogu, Company Secretary/Head, Legal Services, FBNInsurance; Mrs. Cathy Sanni, Head, Human Resources, FBNInsurance; Mrs. Elizabeth Agugoh, Head, Marketing and Corporate Communications, FBNInsurance; Mrs. Oguntoyinbo Oluwakemi, Social Worker, Heritage Homes & Orphanage; Mr. Reuben Amara, Assistant General Manager, Heritage Homes & Orphanage; Mrs. Agweh Jacqueline, Head, Claims & […]
Insurers pay over N450m motor accident claims to Dangote Group
A total of seven people were killed while eight passengers were in critical condition in an accident that involved Dangote truck at Sango-Ota in Ogun state, on Saturday, February 15, 2020. Leave a comment and share Chuks Udo Okonta Over N450 million was paid as motor accident claims by insurance […]
Funmi Babington-Ashaye launches mentorship programme
From Left: Mentees , Oatha Theresa, Margret Moore, Teniola Stuffman, The Founder, Funmi Babington-Ashaye Foundation, Mrs Funmi Babington-Ashaye, Tola Makinde and Patience Omoigiade at the launch of Mentors Program recently. Insurance expert, Managing Director/CEO, Risks Analysts Insurance Brokers Limited and founder of Funmi Babington-Ashaye foundation, Mrs. Funmi Babington-Ashaye, has launched […]
NIA lauds FG on Finance Act 2020
Mrs. Ilori Leave a comment and share Chuks Udo Okonta The Director-General, Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori has lauded President Muhammadu Buhari for the speedy assent to the Finance Act 2020, describing the move as a welcome development which will usher in a new lease of life for […]
Royal Exchange General Insurance targets 40,000 farmers in 2020
From left: Group Executive Director, Operations, Royal Exchange Plc, John Iwuajoku; Benjamin Agili, Managing Director, Royal Exchange General Insurance Company Limited; Group Managing Director, Royal Exchange Plc, Wale Banmore; Executive Director, Nelson Akerele and Group Head, Corporate Communications, Wilson Okoh-Esene at the event in Lagos. * First-ever insurer to launch […]
