From left: Managing Director/Chief Executive Officer, Wapic Insurance, Adeyinka Adekoya; Chairman, Aigboje Aig-Imoukhuede and Company Secretary, Mary Agha at the event yesterday in Lagos. Leave a comment and share Chuks Udo Okonta The shareholders of WAPIC Insurance Plc have authorised the company to raise its capital base to N15 billion, […]
Insurance
Former Director General NIA Funmi Adeyemi passes on
Late prof. Adeyemi Leave a comment and share Chuks Udo Okonta Former Director-General of Nigeria Insurers Association (NIA) Prof. Moses Olorunfumi Adeyemi has passed on to eternity. The former Legal Adviser of National Insurance Corporation of Nigeria (NICON) and visiting Professor of Insurance, University of Gambia ,gave up the ghost, […]
African underwriters generate $66.7bn insurance premium
Leave a comment and share Chuks Udo Okonta Nigeria, Morocco and other African countries generated $67.7 billion insurance premium income, the 4th Africa Insurance Barometer, has revealed. The 4th Africa Insurance Barometer, which was launched today at the ongoing 46th Conference & General Assembly of the African Insurance Organisation (AIO) […]
CIIN celebrates 60 years of manpower development
Leave a comment and share The Chartered Insurance Institute of Nigeria (CIIN), Nigeria’s premier professional Institution is set to commemorate its 60thanniversary with a schedule of activities lined up to acknowledge the Institute’s contribution to the development of manpower in the country in the past 60 years. The anniversary which […]
Insurers engage Nigerians on need to imbibe insurance culture
Mrs. Nwachukwu Leave a comment and share Chuks Udo okonta The Vice Chairman, Sub-Committee on Publicity and Communications, Insurers Committee, Mrs Ebelechukwu Nwachukwu, said it has become imperative for Nigerians to imbibe insurance as a lifestyle and not as a regulatory necessity. Mrs Nwachukwu, who spoke with journalists in Lagos […]
Insurance fraternity mourns Dr. Oladipo Bailey
Late Dr. Bailey Leave a comment and share Chuks Udo Okonta The Insurance industry is in a state of mourning as the former Commissioner for Insurance, Dr. Oladipo Bailey passed on today. Chief (Dr) Sir. Bailey was a London trained insurance professional of many years and a former Commissioner for […]
CIIN invites entries for October 2019 examinations
* Gives 15% discount for early registration Leave a comment and share Chuks Udo Okonta Entries are invited online from interested persons within and outside the insurance industry for the October 2019 professional examinations, the Chartered Insurance Institute of Nigeria (CIIN), has canvassed. A document signed by the Director-General of […]
NAIC pays N464m claims in Q1 2019
Mrs. Folashade Joseph Leave a comment and share Chuks Udo Okonta The Nigerian Agricultural Insurance Corporation (NAIC) has paid N464 million claims in the first quarter of 2019 to its insured farmers across the country. A statement by the firm’s Head, Corporate Affirms, Magdalene Omosimua, noted that the Managing Director/Chief […]
Brokers, agents get N38.89bn commission from insurers
Leave a comment and share Chuks Udo Okonta Insurance brokers and agents were paid N38.89 billion as commissions by underwriters in 2017, Inspenonline can report. Data obtained from the Nigerian Insurers Association (NIA) revealed that the insurance intermediaries received N24.70 billion from general business operators and N14.18 billion from life […]
AIICO Insurance celebrates Children‘s Day, donates beds, foodstuff, generator
Members of staff of AIICO Insurance with some Children of the Hearts of Gold Children’s Hospice, Surulere, Lagos. Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc., yesterday, joined the rest of the world to mark the 2019 Children’s Day, which it celebrated with Children of the Hearts […]
