Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has urged employees to report employers who failed to provide them with life insurance policy for appropriate sanctions. PenCom stated this in a circular signed by its Acting Director-General, Mrs. Aisha Dahir-Umar, entitled, ‘Notice […]
Insurance
Leadway Assurance implores Nigerians to buy term life assurance
Adegbayi (middle) with Insurance and Pension journalists at the event. The Executive Director, Leadway Assurance Company Limited, Adetola Adegbayi has charged Nigerians to subscribe to Term Life Assurance product, urging people to form the habit of using insurance to plan their future. Speaking at the Leadway Assurance Media Training for […]
Insurers divide on profitability of multi-billion annuity business
Leave a comment and share Chuks Udo Okonta Life Insurance operators seemed divided on the profitability of annuity business as some considered it volatile, while others seek it as gold mine. Inspenonline gathered that those that considered the business to be volatile are gradually reducing their intake of annuitants, while […]
NAICOM to open more state offices
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is working assiduously to open more state offices, to strengthen insurance operations in the states of the federation, Inspenonline can report. It was also gathered from a reliable source in the Commission, that officers to head the […]
Court restrains NAICOM from halting Guinea Insurance business intake
Leave a comment and share Chuks Udo Okonta The Federal High Court sitting in Abuja has gave an order restraining the National Insurance Commission (NAICOM) from the purported suspension of Guinea Insurance Plc from writing new businesses. The court, in a ruling by Hon. Justice I. E. Ekwo granted an […]
NSIA insurance, others pay over N201.03m claims on bank fraud, robbery
Ebelechukwu Nwachukwu Leave a comment and share Chuks Udo Okonta Insurance companies paid over N201.03 million claims to banks for fraud and armed robbery attacks in 2017, Inspenonline has learnt. According to the Nigerian Insurers Association (NIA), NSIA Insurance Limited paid the largest single claim amounting to N67.48 million to […]
NSIA Insurance launches international health insurance plan
From Left: Front roll- Head Technical, Hollard Health, PR Du Toit; Business Development Director Africa, Cigna Global Health Benefits, Gilles Nyssens; Managing Director/CEO, NSIA Insurance, Ebelechukwu Nwachukwu; Head, Alternative Distribution, NSIA, Harish Damodaran; and General Manager Operations, Hollard Health, Lee-Ann Dobrescu. Back roll- Lead, Corporate Marketing, NSIA, Binta Eta; Executive […]
AIICO Insurance donates scientific tools to schools in six states
The pupils Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc says in line with its desire to ignite passion for science and technology innovation in Nigerian youths, it has donated thousands of mathematical sets and calculators to pupils and students in over thirty Primary and Secondary schools […]
IICC to hold training on compulsory insurance in Asaba
From left: President, Chartered Insurance Institute of Nigeria, Eddie Efekoha and Commissioner for Insurance, Mohammed kari at an event. The Insurance Industry Consultative Council (IICC) is set to intensify its efforts in the promotion of Insurance awareness in Nigeria with a training on Compulsory Insurances Scheduled to hold on Wednesday […]
Insurers pay over N328.74m dead benefits on police officers
Leave a comment and share Chuks Udo Okonta Selected insurance companies paid over N328.74 million group life claims to Nigeria Police for officers who might have died in service, Inspenonline has learnt. The figure was obtained from the Nigeria Insurance Digest 2017, published by the Nigerian Insurers Association (NIA). According […]
