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 […]
Insurance
Lasaco Assurance provides protective wear for LAWMA workers
Kindly leave a comment and share Chuks Udo Okonta In a significant step towards ensuring the safety and visibility of workers, Lasaco Assurance Plc, alongside Mutual Benefits Assurance Plc, NEM Insurance Plc and Sovereign Trust Insurance Plc, played an important role in the protection of Lagos Waste Management Authority (LAWMA) […]
Incoming CIIN President unveils 4-point agenda, eyes business school model for insurance
Kindly leave a comment and share Chuks Udo Okonta The Incoming President of Chartered Insurance Institute of Nigeria (CIIN) Mrs. Yetunde Ilori, has unveiled a four-point agenda christened ‘EPIC’, which stands for Education; Professionalism; Institutional recognition and Capacity building. She unveiled the agenda today at a press conference in Lagos, […]
LASU students hold maiden edition of Insurance awareness day
Kindly leave a comment and share Chuks Udo Okonta It was fun and exciting as the 25th Actuarial Science and Insurance Students’ Association of the Lagos State University (LASU) held the maiden edition of Insurance Awareness Day. The association in collaboration with the department of Insurance, at the event had […]
NIA blames poor market penetration on limited financial capacity of some insurers
Kindly leave a comment and share Chuks Udo Okonta The insurance sector in Nigeria has a large number of competitors, but the limited financial capacity of some has made it difficult to deepen market penetration, the Chairman of Nigerian Insurers Association (NIA) Kunle Ahmed, has said. He stated this in […]
NAICOM, NFIU embrace to safeguard integrity of Nigeria’s financial system
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Nigerian Financial Intelligence Unit (NFIU) have strengthened their partnership to ensure robust financial regulations and safeguarding the integrity of Nigeria’s financial system. This was attained when the Commissioner for Insurance/CEO of National Insurance Commission Olusegun […]
NIA upgrades NIID for PenCom to verify genuineness of group life insurance policy certificates
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) said the Nigerian Insurance Industry Database (NIID) has been upgraded for the National Pension Commission (PenCom) and other parties to verify genuineness of group life insurance policy certificates issued to the insuring public by its members […]
Insurers generate paltry 3.2% premium income from direct sales
Kindly leave a comment and share Chuks Udo Okonta In spite the multi-billion naira spent on deployment of technology by insurance companies to drive sales of policies, only 3.2 per cent – N32 billion of N1 trillion revenue was attained, Inspenonline can report. Managing Director Peerless Management & Solutions Limited […]
Sovereign Trust Insurance to host annual Ikoyi Club 1938 Table Tennis competition
Kindly leave a comment and share Sovereign Trust Insurance Plc is set to host another edition of the company’s annual Ikoyi Club 1938 Table Tennis competition for members and their spouses. The week-long competition will see members compete for laurels in the various categories as provided for in the event […]
Five-year milestone: AIICO Insurance surpasses N200bn in claims, benefits payments
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a leading composite insurer in Nigeria, has been acknowledged for its exceptional performance in prompt claims and benefits payment, surpassing N200 billion in settlements over the past five years. This milestone reflects AIICO’s unwavering commitment to providing financial […]