From left: President, Chartered Insurance Institute of Nigeria, Eddie Efekoha and Commissioner for Insurance, Mohammed Kari at an event in Ibadan, Oyo State. Leave a comment and share Chuks Udo Okonta Unless urgent steps are adopted to resolve the impasse clogging the implementation of the Tier-Based Minimum Solvency Capital (TBMSC), […]
Insurance
NAICOM to open 20 new branch offices, releases guidelines for State Insurance Producer next week
From left: President, Chartered Insurance Institute of Nigeria, Eddie Efekoha and Commissioner for Insurance Mohammed Kari at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) will next week release the new distribution channel guidelines called the State Insurance Producer (SIP), Inspenonline can report. […]
Experts hinge insurance sector survival on 99% untapped uninsured potentials
Mrs Ilori Leave a comment and share Chuks Udo Okonta Insurance industry’s survival largely depends on ability of government and operators to unlock and harness the 99 per cent uninsured population of of the economy, experts have said. According to them, the industry would never take its rightful place in […]
NIA faults claims to handover three insurance firms to SEC
Mrs Ilori The Nigerian Insurers Association (NIA) today faulted a report credited to the Chairman of the House Subcommittee on Capital Markets and Institutions, Tony Nwulu, who threatened to authorize the Securities and Exchange Commission (SEC) to take over three Insurance Companies on account of “some alleged” infractions. A statement […]
FBN Insurance Brokers is insurance broker of the year
Leave a comment and share The Nigeria Finance Innovation Awards has announced FBN Insurance Brokers as the Insurance Broker of the year. The announcement was made at a colourful ceremony held recently at the Oriental Hotel, Lekki. According to the organisers, FBN Insurance Brokers was thus awarded “in recognition of […]
Staco Insurance denies allegation of infractions by Reps
Leave a comment and share Chuks Udo Okonta In a seemingly response to the news of infractions of some Insurance firms on the invitation by the House of Representatives sub-committee on Capital market, the Management of Staco Insurance Plc has denied the allegation of infractions and once again reiterated its […]
FBN General Insurance wins customer service award
From left: Managing Director/ Chief Executive Officer, FBN General Insurance, Bode Opadokun, receiving an award for the Best Customer Service Award (Insurance Category) at the Nigeria Brand Award 2018 organised by Africa Brand Awards. Leave a comment and share FBN General Insurance has been adjudged the Winner of the Best […]
GNI debunks allegations on insider trading, tax evasion
Leave a comment and share Chuks Udo Okonta Great Nigeria Insurance (GNI) Plc has said it never received any warning, query or sanctions regarding insider trading from its regulators – the Securities and Exchange Commission (SEC) and National Insurance Commission (NAICOM) contrary to allegations by the House of Representatives Sub-Committee […]
32 states fail to implement group life insurance
Leave a comment and share Chuks Udo Okonta Only four states in the country are presently implementing the group life insurance policy for their employees, while 32 others are yet to comply with the policy. The states that have complied and are implementing are, Lagos; Niger; Osun and Rivers. According […]
CIIN canvasses value creation at education seminar
Efekoha The Chartered Insurance Institute of Nigeria is set to treat stakeholders to a wholesome learning experience at its education seminar scheduled to hold from Wednesday 7th to Friday 9th November 2018 at the Premier Hotel Ibadan, Oyo State. The Seminar which has been aptly themed “Increasing Insurance Penetration through […]
