Kindly leave a comment and share Chuks Udo Okonta Continental Reinsurance is collaborating with the Nigerian Conservation Foundation, (NCF) to plant 2,000 trees, as part of efforts to preserve the environment. The tree planting initiative was launched at the Lekki Conservation Centre in Lagos State, Nigeria, on Friday, with sponsorship […]
Insurance
NEM Insurance keeps hope alive on life arm, grows revenue to N52.1bn in 2023
Kindly leave a comment and share Chuks Udo Okonta NEM Insurance Plc has reiterated that as part of its expansion strategy, the plan to set up a viable life assurance company is in progress, even as the firm’s revenue grew from N31.4 billion in 2022 to N52.1billion in 2023, an […]
Enterprise Life opens offices in Abuja, Port Harcourt
*Restates commitment to driving digitized insurance solutions Kindly leave a comment and share Chuks Udo Okonta Enterprise Life Nigeria has announced the expansion of its operations with the opening of two new branches in Abuja and Port Harcourt. The Managing Director/Chief Executive Officer Enterprise Life Nigeria Funmilayo Omo, disclosed this […]
Committee on insurance of public buildings court governors, lawmakers
Kindly leave a comment and share Chuks Udo Okonta As part of the ongoing initiatives spearheaded by the Commissioner for Insurance, Olusegun Omosehin, to ensure compliance and enforcement, the 2nd meeting of the Insurance of Public Buildings and Buildings Under Construction Committee took place on Tuesday, July 2, 2024, in […]
Insurers should market policies to shareholders at AGM – Adeleke
Kindly leave a comment and share Chuks Udo Okonta With less than five per cent of fringe shareholders having insurance policies, insurers have been called to utilise opportunities provided by Annual General Meetings (AGM) to educate and market their products. The Managing Director Lancelot Ventures Limited and former Secretary, Independent […]
RIFAN decries unethical conducts of unlicensed agents, aided by poor third party integration with NIIP implementation
Kindly leave a comment and share Chuks Udo Okonta The Retail Insured Family Association of Nigeria ( RIFAN), the largest consumer association of insurance in Nigeria with the major aim to restoring insured confidence in Insurance Industry, has expressed disatisfation over the poor coordination on the implementation of the integration […]
Insurance as pathway to achieving $1tn economy
Insurance as a catalyst to economic development is expected to feature prominently in attaining the projected federal government $1 trillion economy by 2026. Chuks Udo Okonta, in this report, examines expectations from industry players in the match towards this national quest. The federal government ambition to grow a $1 trillion […]
Why shareholders should be first consumers of insurance products
Kindly leave a comment and share Chuks Udo Okonta The concept of buying and consuming what we produce is a global trend that has helped individuals and nations to prosper. Aligning this concept with insurance, shareholders in the insurance industry should buy and consume products – policies marketed by their […]
NCRIB to empower directors of broking outfits
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) determined to ensure that broking firms operate effectively, is set to empower directors in the sub-sector. The President of NCRIB Babatunde Oguntade, who disclosed this at the June Edition of the NCRIB Members’ […]
Prudential Zenith Life partners Chess in Slums Initiative to empower Nigerians
Kindly leave a comment ond share Chuks Udo Okonta Prudential Zenith Life Insurance, in partnership with Chess in Slums Africa, hosted an inspiring chess competition on June 12, 2024, at The Panoramic Hall, Civic Centre. The event brought together over forty junior chess players, showcasing their strategic skills and passion […]