*To inaugurate brokers’ committee Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Nigerian Council of Registered Insurance Brokers (NCRIB) have set-up an ad hoc committee to review the proposed State Insurance Producer SIP) guideline which seemed to has ran into a storm. Arising, from […]
Insurance
Wapic Insurance launches innovative travel insurance product
From left: Group Head Retail, Wapic Insurance Plc, Patrick Osadebe; Executive Director, Bode Ojeniyi; Chief Executive Officer, Adeyinka Adekoya; National President, National Association of Nigeria Travel Agencies, Bankole Bernard; Group Head, Customer Experience and Fulfillment, Aina Akintunde and Managing Director Designate, Wapic Assurance Limited, Ayodeji Bankole-Olusina at the event. Leave […]
AM Best Upgrades Issuer Credit Rating of Custodian and Allied Insurance Limited
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” from “bb” and affirmed the Financial Strength Rating (FSR) of B (Fair) of Custodian and Allied Insurance Limited (CAI) (Nigeria). The outlook of the Long-Term ICR has been revised to stable from positive while the FSR outlook […]
Two firms to get NAICOM’s microinsurance licence
From left: President, Chartered Insurance Institute of Nigeria, Eddie Efekoha; Chairman, Nigerian Insurers Association, Tope Smart and Deputy Commissioner for Insurance, Technical, Sunday Thomas at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is set to issue operational licences to two microinsurance companies […]
Insurers pay N143bn claims as at Q3 2018
From left: President, Chartered Insurance Institute of Nigeria, Eddie Efekoha; Chairman, Nigerian Insurers Association, Tope Smart and Deputy Commissioner for Insurance, Technical, Sunday Thomas at the event. Leave a comment and share Chuks Udo Okonta Insurance companies have paid N143 billion as claims to policyholders who suffered losses as at […]
Insurers pay N143bn claims as at Q3 2018
Leave a comment and share Chuks Udo Okonta Insurance companies have paid N143 billion as claims to policyholders who suffered losses as at the end of the third quarter of 2018, the Commissioner for Insurance, Mohammed Kari, has said. He said this today at the National Association of Insurance and […]
Brokers, NGO to challenge NAICOM’s policy in court
From left: Vice President, Nigerian Council of Registered Insurance Brokers, Barr Rotimi Edu; Divisional Head, Corporate Clients & Intermediaries, Ensure Insurance Plc, Mrs. Taiwo-Tella Ndukwe; Managing Director, Ensure Insurance, Mr. Sunkanmi Adekeye; President, NCRIB, Mr Shola Tinubu and Deputy President, Mrs Bola Onigbogi at the December Edition of NCRIB Members […]
Sovereign Trust Insurance surpasses 2018 target of N10.1bn GPI
*Holds strategy, budget session for 2019 Leave a comment and share Chuks Udo Okonta The quest for greater performance and sustainable profitability come 2019 formed the basis of the just concluded Management Retreat/Budget Session of one of the very proactive insurance companies in the country, Sovereign Trust Insurance Plc. The […]
Insurance doyen, Elder Oniwinde’s son bags AIIN
From left: President, Chartered Insurance Institute of Nigeria, Eddie Efekoha presenting certificate to Adebayo Oniwinde at the event. Insurance elder statesman Elder (Dr) Adelani Kehinde Oniwinde is in a joyous mood as his second son Adebayo Oniwinde was among the 138 new inductees that were awarded Associateship by examination of […]
Over 600 brokers, insurers bid NNPC multi-billion insurance business
Baru Leave a comment and share Chuks Udo Okonta The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru on Thursday said over 600 insurance brokers and underwriters participated in the bidding of the corporation’s 2018/2019 insurance business. Baru disclosed this at the 2018/2019 bid opening for Insurance […]
