Sanlam Chief Executive Office, John Lintari, on the right, is flanked by George Mutekana, Commissioner for Private Scools, at the centre during launch of the Scholarships program in Kampala By Ambrose Gahene Sanlam Life Insurance Uganda, on Wednesday Launched a Scholarship program, for Primary Leaving Examinations (PLE) top Pupils countrywide. […]
Insurance
Anchor Insurance launches unique travel, agricultural products
From left: Egboboh Nelson, Head, Brand and Corporate Communications, Ms. Koyenikan Olubukola, Head, Enterprise Risk Management, Adebisi Ikuomola, Executive Director, Technical, Ebose Augustine, MD/CEO, Olajide Fasanmi, GM, Business Development, Mr. Ime Umoh, Company Secretary/Legal Adviser and Bayo Mustapha, Controller , Business Development, all of Anchor Insurance Company at the event […]
Retirees inject N371.21bn into insurers’ annuity business
Retirees celebrating at an event organised by the Lagos State government. Leave a comment and share Chuks Udo Okonta Retirees from the public and private sectors had since the inception of the Contributory Pension Scheme (CPS) paid premium of N371.21 billion to life insurance companies managing annuity accounts. According to […]
AIICO Insurance appoints Olusola Ajayi as Executive Director
Ajayi Leave a comment and share Chuks Udo Okonta The Board of Directors of AIICO Insurance Plc has appointed Olusola Ajayi as Executive Director following a successful assessment and due approval by the National Insurance Commission(NAICOM). A statement by Head, Strategic Marketing & Communications Department of the firm, Segun Olalandu, […]
NAICOM approves two Takaful insurance firms
> Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has granted approval In Principle to Cornerstone Takaful Insurance Company Limited and Salam Takaful Insurance Company Ltd as Composite Takaful operators to transact both family and general Takaful businesses in Nigeria. According to the Head, Corporate […]
NCRIB woos 35 State Governors without group life for workers
From left: President, Nigerian Council of Registered Insurance Brokers, Mr. Shola Tinubu; Osun State Governor, Mr. Gboyega Oyetola; Chairman, Board of Fellows, Mrs. Laide Osijo and Chairman, Society of Fellows, Mr. Michael Olawale-Cole inducting Governor Oyetola as Member, Society of Fellows of the Council in Osogbo Leave a comment and […]
NAICOM should create level playing field for micro insurers – Expert
Dr. Apere Leave a comment and share Chuks Udo Okonta Criticisms such as not allowing a level playing field for all conventional companies in the insurance industry under the cancelled Tier Based Minimum Solvency Capital, (TBMSC), may be applicable to the current tiered micro-insurance capital structure, the Managing Director/Chief Executive […]
Africa Re wins 2018 NAIPCO Insurance Development Promoter Award
From right: Deputy Managing Director/COO, African Reinsurance Corporation (Africa Re) Ken Aghoghovbia, receiving award of the 2018 NAIPCO Insurance Development Promoter Award from Mohammad Ahmad, Chairman of the NAIPCO 2019 National Conference held in Lagos. African Reinsurance Corporation (Africa Re), a leading pan-African reinsurance company and the largest reinsurer in […]
Recapitalisation: Expert advocates conversion of failed firms to micro insurers
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has been told to consider the conversion of insurance firms that are not able to scale the recapitalisation hurdles to micro insurance underwriters. The Managing Director/Chief Executive Officer, Achor Actuarial Services Limited, Pius Apere, said this at […]
Old Mutual to use ‘insurance drones’ to investigate car accidents
Old Mutual plans to be the first South African insurer to use drones. After a two-year planning and pre-registration process, the company says it has passed the operational audit and demonstration flights as required by the South African Civil Aviation Authority (SACAA). It is now in the final certification phase […]
