insurance and pension news
Wednesday, January 8, 2025
Kindly leave a comment and share Chuks Udo Okonta Any insurance company that has not less than five complaints of failure to pay claims promptly made against it which the National Insurance Commission (NAICOM) has received and verified, risks loosing its operational licence, the Insurance Reform Bill, has proposed. This […]
Kindly leave a comment and share Chuks Udo Okonta A company, firm or other combination of persons, each principal officer of the company, firm or other combination of persons, who transact any insurance business without being licensed for that purpose, commit an offence and is liable on conviction, to a […]
Kindly leave a comment and share Chuks Udo Okonta The reform insurance bill which was yesterday passed for the second reading by the Senate has pegged the minimum capital base for non-life insurance business at ₦25 billion; life business N15 billion and reinsurance N45 billion, Inspenonline can report. Though the […]
Kindly leave a comment and share Chuks Udo Okonta with agency report The Senate yesterday Thursday, passed for a second reading, a bill to reform the insurance sector in Nigeria. The bill sponsored by its Chairman, Committee on Banking, Insurance and Other Financial Institutions, Senator Adetokunbo Abiru (APC Lagos East), […]
Kindly leave a comment and share with others Chuks Udo Okonta NAICOM and the Lagos State Fire Service held a strategic meeting yesterday in Abuja to improve collaboration and partnership in the ongoing effort to strengthen the enforcement of Public Building Insurance in Lagos State.
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission in its ongoing efforts to effectively address complaints and ensure swift resolution to all Insurance related issues has launched the NAICOM Complaint Management Portal. complaints.naicom.gov.ng The portal offers a streamlined and user-friendly platform for addressing all Insurance […]
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a leading insurer in Nigeria, today highlighted the transformative impact of its Annuity product on the lives of its customers. The company disburses a staggering N1.3 billion monthly to these annuitants, providing them with a guaranteed stream of […]
Inspenonline congratulates the three winners, elected to the council Managing Director Consolidated Hallmark Insurance Limited Mrs. Mary Adeyanju Managing Director/Chief Executive Officer, Stanbic IBTC Insurance Limited, Akinjide Orimolade Former Rector College of Insurance and Financial Management Dr Yeside Oyetayo.
Kindly leave a comment and share Chuks Udo Okonta Niyi Onifade, Managing Director/CEO, Heirs Life Assurance, a member of Heirs Insurance Group, has been elected to the Governing Council of the Nigerian Insurers Association (NIA), following the Association’s 53rd Annual General Meeting held on June 27, 2024. Onifade’s election further […]
Kindly leave a comment and share Chuks Udo Okonta The Managing Director Consolidated Hallmark Insurance Limited Mrs. Mary Adeyanju has been elected into the governing council of the Chartered Insurance Institute of Nigeria (CIIN) Mrs. Adeyanju came top in the keenly contested election, standing tall on the election results chart […]
