From left: Albert van der Linden, Speaker/Senior Research Associate, Cenfri; Sunday Thomas, Acting Commissioner for Insurance and Nosike Agokei, Principal Partner, Agokei and Co, at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has expressed optimism that the successful completion of the ongoing […]
Insurance
AIICO Insurance gets shareholders’ nod to increase authorized share capital to N18bn
Board members of AIICO Insurance Plc at the event. Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc has received shareholders’ approval to increase its authorized share capital from N10 billion to N18 billion, which is in line with the company’s preparedness to meet the new minimum capital […]
UK car insurance premiums fall 1% in Q3 – survey
The cost of a comprehensive motor insurance policy in Britain fell 1% in the third quarter, pushed down by uncertainty from the personal injury discount rate change in July and the market watchdog’s interim report on general insurance pricing practices, a survey showed. The average premium for a comprehensive policy […]
RIMSON holds national confab, invests Akalonu as 6th president
Akalonu Leave a comment and share Chuks Udo Okonta Risk Managers Society of Nigeria (RIMSON) is set to hold its National Risk Management Conference on Wednesday, 23rd and Thursday, 24th October, 2019 at the Oriental Hotel, Victoria Island, Lagos. A statement by RIMSON’s Media Consultant, Joseph Obah, stated that the […]
Royal Exchange posts N14.7bn gross written premium in 2018
From left: Ms. Sheila Ezeuko, Company Secretary/Group Head, Legal Services, Royal Exchange Plc; Kenneth Odogwu, Chairman, and Wale Banmore, Acting Group Managing Director, at the event in Lagos. Leave a comment and share Chuks Udo Okonta Royal Exchange Plc, Nigeria’s premier insurance and financial services group, has said it generated […]
6 Best Mobile Phone Insurance in UK
By Gratian In this modern world, smartphones have become an important aspect of our lives. We depend on these devices so much, personally and professionally. However, despite their advances, smartphones are still susceptible to various risks such as damage, theft and loss, to name a few. This is why there’s […]
LASACO Insurance receives shareholders nod to raise N10b
From left: Managing Director/Chief Executive Officer, Segun Balogun; Chairman, Mrs. Aderinola Disu and Company Secretary, Mrs. Gertrude Olutekunbi at the event. * Pays 5k dividend Leave a comment and share Chuks Udo Okonta LASACO Insurance Plc has been granted approval by its shareholders to shop for N10 billion capital through […]
Universal Insurance disowns ‘Standard Payment Investment’ Scheme
Ujoatuonu Leave a comment and share Chuks Udo Okonta The management of Universal Insurance Plc has disassociated the Company from the “Standard Payment Investment Scheme” currently circulating in some social media platforms and elsewhere, purporting to collaborate with Universal Insurance in its bid to extort money from unsuspecting members of […]
South African insurance companies are watching what you post on social media
South Africans should be wary of what they publish on social media as their posts are being tracked by insurance companies. Vera Nagtegaal, executive head of Hippo.co.za, says people are very open on social media without thinking about the reach or implications of what they are posting. “Insurance companies are […]
Six million customers overpaying insurance premiums, FCA says
Six million home and motor insurance holders are overpaying by a total of £1.2bn per year because firms are not giving loyal customers fair premiums, a watchdog has warned. The Financial Conduct Authority (FCA) found evidence of insurers overcharging long-standing customers through tactics such as selling policies to new consumers […]
