From left: Executive Secretary of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Fatai Adegbenro; Council Member, Nigerian Insurers Association, Mr. Edwin Igbiti; NCRIB Deputy President, Mrs. Bola Onigbogi; NIA Chiarman, Mr. Tope Smart; NCRIB President, Mr. Shola Tinubu; NIA Director General, Mrs Yetunde Ilori; Deputy Chairman, NIA, Mr. […]
Insurance
De-market lose licence, NAICOM warns underwriters
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has warned that underwriters that would engage on discrimination or inferior/superior adjectives in the Tier-Based Minimum Solvency Capital (TBMSC) regime would lose their operational licences. The Director, Supervision, NAICOM, Barineka Thompson, who said this at the 2018 […]
NIA Chairman to boost industry’s image
*Sets 5-point agenda Past Chairman, Nigerian Insurers Association, Eddie Efekoha; Chairman, Tope Smart and past Chairman, Godwin Wiggle at the event. Leave a comment and share Chuks Udo Okonta The Chairman, Nigerian Insurers Association (NIA) Tope Smart, has pledged to redeem insurance sector image and position it to contribute maximally […]
TBMSC: NAICOM yet to be served court restrained order
From left: Director, Admin and Human Resources, National Insurance Commission, Adamu Balanti, Director, Authorization and Policy, Leo Akah and Commissioner for Insurance, Mohammed Kari at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said it is yet to receive an order issued […]
Floods: NAIC sympathizes with insured farmers
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 […]
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 […]
