Efekoha Leave a comment and share Chuks Udo Okonta Consolidated Hallmark Insurance (CHI) Plc has reported a 108 per cent leap in its profit for the financial year ended 31st December, 2017, with Gross Premium Written (GPW) peaking at N5.680 billion. The firm in a statement stated that it posted […]
Insurance
Linkage Assurance CEO among top 25 capital market performers in 2017
From left: President of the Nigerian Stock Exchange, Abimbola Ogunbanjo, presenting Award to Managing Director/CEO, Linkage Assurance Plc, Dr. Pius Apere during the Business Day Top 25 CEOs Award in recognition of stellar corporate performance in the Nigerian Capital Market in 2017 in Lagos. Leave a comment and share Chuks […]
NEM Insurance CEO for Business Journal 10th Anniversary Lecture
Cookey Group Managing Director/CEO, NEM Insurance Plc, Tope Smart, is one of the distinguished guest speakers expected at the Business Journal 10th Anniversary Lecture/Awards scheduled for Thursday, June 7, 2018, at Sheraton Hotel, Ikeja (Lagos). The lecture would be chaired by Engr. Ernest Ndukwe, Chairman, OpenMedia Group. Theme: Infrastructure & […]
AIICO Insurance donates to IDPs on world malaria day
From left: Akinwunmi Olaseni (Head, Life Underwriting, AIICO), Olakunle Lasisi (Branch Secretary, NRCS), Sarah Adeniran (Group Head, Brokers Management, AIICO), Engr. Mobolaji Onibodu (Branch Chairman, NRCS) Oluwole Apata (Head, Group Life Sales, AIICO) and Gloria Chiekwe (Admin Officer, NRCS). Leave a comment and share In commemoration of 2018 World Malaria […]
Lagos State contributes 75% to workers health insurance scheme – Ambode
Ambode Leave a comment and share Chuks Udo Okonta Lagos State Government contributes 75 per cent towards Health Insurance Scheme provided for its workers, Governor Akinwunmi Ambode, has said. Ambode, said this while speaking on his achievements in the past three years, adding that the workers in turn contribute only […]
Underwriters owe Loss Adjusters over N250m
Leave a comment and share Chuks Udo Okonta Insurance Loss Adjusters have cried out over the N250 million unpaid fees by underwriters. A Loss Adjusters, who does not want to be named, told Inspenonline that the debt is threatening their operations, stressing that it is worrisome that, after providing their […]
Underwriters jostle for businesses from brokers
Leave a comment and share Chuks Udo Okonta Underwriters in a bid to secure businesses, now jostle to host Nigerian Council of Registered Insurance Brokers (NCRIB) monthly Members’ Evening, a platform that attracts about 200 brokers. According to statistics, brokers are said to control 80 per cent of insurance business […]
Insurers uncover fraudulent claims through intercompany relationships
From left: Chairman, Nigerian Insurers Association, Eddie Efekoha and Director-General, Mrs Yetunde Ilori at the event. Leave a comment and share Chuks Udo Okonta Insurance companies have uncovered fraudulent claims through market cohesion and improved intercompany relationship, the Chairman, Nigerian Insurers Association (NIA), Eddie Efekoha, has said. He disclosed this […]
Insurance industry now covers China’s entertainment
Moviegoers read film synopses on a wall display at a cinema in Nankai district, Tianjin. China’s entertainment industry will see customized insurance products. (Photo provided to China Daily) Global insurance company Allianz announced recently that it will expand its entertainment insurance business to the Chinese mainland and Hong Kong, in […]
These are the most complained-about insurance companies in South Africa
The Ombudsman for Short-Term Insurance (OSTI) has released its Annual Report on Operations for 2017. According to the report, 9,962 complaints were resolved in the review period, with an average turn-around time of 131 days. A total of R87.1 million was recovered for consumers. The highest category of claim-type was […]
