From left: Head, Corporate Affairs, Nigerian Agricultural Insurance Corporation, Magdalene Omosimua; Special Assistant to Managing Director, Funsho Olumoko; Deputy General Manager, Technical, Kunle Martins; Managing Director, Folashade Joseph; Executive Director, Finance/Admin., Philip Ashinze and Deputy General Manager, Legal, Chike Okafor at the event. Leave a comment and share Chuks Udo […]
Insurance
International Literacy Day: FBNInsurance promotes literacy amongst needy children
Managing Director/CEO, FBNInsurance, Val Ojumah (with the microphone) about to cut the ribbon unveiling the Back-to-School kits with the convener, Jakin NGO, Bukola Adebiyi (2nd left) and her husband, Bunmi Adebiyi (1st left) and a volunteer at the Jakin NGO Dress-A-Child-For-School event held recently in Lagos. In celebration of the […]
NAICOM to publish names of Tier 1, 2, 3 firms in Oct.
Omobola Tolu-Kusimo The National Insurance Commission (NAICOM) is planning to publish the names of insurance firms and their categories next month, The Nation has learnt. The publication will show the firms that will operate as Tier 1, Tier 2 and Tier 3 under the new Tier-Based Minimum Solvency Capital (TBMSC) […]
AIICO Insurance launches online customer self-service portal
Fajemirokun Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a leading insurance Company in Nigeria, has launched a self-service portal and also revamped its multiple payment channels for its customers. A statement by Head, Strategic Marketing & Communications, AIICO Insurance Plc, Atinuke Jose, said the novel initiative […]
Eaton Acquisitions increases stakes in NEM Insurance to 9%
Eaton Acquisitions Limited, an investment company, has increased its stake in NEM Insurance to 9 per cent days after it announced the acquisition of 4 percent of the insurance company. While the initial 130 million shares sold at ₦4 each, representing a premium of 40.35 per cent against the closing […]
Africa’s insurance industry is poised for further growth – PwC insurance survey
Africa’s insurance industry is facing more disruption than any other industry, posing challenges for some while opening up business opportunities for others The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty. The insurance industry has done well to adapt to continuous disruption, with […]
ARIAN supports TBMSC
From left: The President, Association of Registered Insurance Agents Of Nigeria(ARIAN), Ademola Ifagbayi; Legal Adviser, Mrs. Janet Alonge; General Secretary, Opeyemi Osiyemi and Public Relations Officer, Moses Itoya at the event. The Association of Registered Insurance Agents of Nigeria(ARIAN) has thrown its support on the recent introduced Tier-based regime for […]
Why Tier-Based regime ll begin by October 1 – NAICOM
The National Insurance Commission (NAICOM) says it has resolved to commenced implementation of the Tier-Based Marginal Solvency Capital (TBMSC) regime by October 1, 2018, to enable underwriters seal reinsurance treaties in line with the new policy. Inspenonline reliably gathered that the new date was picked because most underwriting firms will […]
AIICO Insurance partners WEMA Bank to deepen insurance penetration
Kadri AIICO Insurance Plc., a leading insurance Company in Nigeria has concluded arrangements with Wema Bank to increase access to retail insurance products leveraging on the bank’s robust and efficient retail distribution network. This is following the recent endorsement by both The National Insurance Commission (NAICOM) and The Central Bank […]
STI holds AGM, grows PAT BY 569%
Sovereign Trust Insurance Plc has announced that its 23rd Annual General Meeting will hold on Thursday, September 27, 2018, having met all the stipulated requirements outlined by the National Insurance Commission and the Nigerian Stock Exchange, NSE, respectively. The Meeting of the Shareholders of the Underwriting Firm will be held […]
