Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc says it has continued to affirm commitment and capacity to honour all genuine claims as and when due, as it settled claims totaling N4,243,642,157.36 to various insured spread across the country in 2018. A statement by the […]
Insurance
FG to partner Allianz to grow insurance business
Leave a comment and share Chuks Udo Okonta The Federal Government has pledged to partner Allianz the global insurance group to promote insurance business in Nigeria. The Vice President, Yemi Osinbajo, disclosed this at the launch of Allianz Nigeria Insurance Plc in Lagos. Osinbanjo, who was represented Dipe Olu, welcomed […]
Top insurance companies in Nigeria based on market share
Leave a comment and share Chuks Udo Okonta Amid the economic challenges, some insurance companies have continued to make significant progress, as revealed by their gross premium income and market share. According to the Nigerian Insurers Association (NIA) Insurance industry’s report for 2017, Leadway Assurance Limited, has continued to lead […]
AIICO celebrates graduands of internship skill acquisition programme
The graduands Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc said it has conducted the graduation ceremony for the first set of graduates from its Internship Skill Acquisition Programme. The company in a statement, said the initiative is aimed at developing undergraduates by initiating them into the […]
NAICOM restructures Goldlink, appoints new management, board
Egbaran Leave a comment anf share Chuks Udo Okonta Goldlink Insurance Plc has announced a recent change in its Board and Management as a result of the restructuring of the Interim Management Board by National Insurance Commission. A statement by the Corporate Communications Unit of the underwriting firm, stated that […]
Old Mutual implores Nigerians to embrace insurance
Duru Leave a comment and share Chuks Udo Okonta The Mual General Insurance Company, a subsidiary of the pan-African insurance giant and leading global financial services provider, Old Mutual Limited, has advised Nigerians to embrace insurance as a means of mitigating all form(s) of risks in their lives and businesses. […]
Leadway Assurance to partner NAIPCO on training of journalists
NAIPCO members at a seminar Leave a comment and share Chuks Udo Okonta Leadway Assurance, in partnership with the National Insurance and Pension Correspondents (NAIPCO), has announced that the Leadway Journalism Training initiative will hold on Wednesday, 23rd January. Over 40 journalists covering the Insurance and Pensions Beats for Print, […]
NEM Insurance announces 29.9% stake acquisition by AFIG Funds
NEM Insurance Plc a leading insurance group in Nigeria announced that Advanced Finance and Investment Group (“AFIG Funds”), a leading African private equity fund manager has, through AFIG Fund II, completed an investment in the Company, by acquiring 29.9 per cent of the Company’s shares from some existing shareholders of […]
FBNInsurance appoints Moruf Apampa Executive Director
Apampa Leave a comment and share Chuks Udo Okonta Following the confirmation by the National Insurance Commission (NAICOM), FBNInsurance Limited, a member of the FBNHoldings Company associated with the Sanlam Group of South Africa has announced the appointment of Moruf Apampa as Executive Director, Business Development. Apampa’s illustrious career started […]
Annuity tops life business, as insurers earn N77.77bn premium income
Leave a comment and share Chuks Udo Okonta Annuity provided the largest chunk of premium income amounting to N77.77 billion, which is 48 per cent to Life Insurance Companies in 2017, Inspenonline has learnt. Data obtained from the Nigerian Insurers Association (NIA) revealed that Life Insurers earned N44.58 billion, 28 […]
