New NIA Chairman, Tope Smart, taking oath of office * Tope Smart now NIA Chairman Leave a comment and share Chuks Udo Okonta The volume of business written by insurance companies grew from N315.96 billion in 2016 to an estimated N363 billion in 2017, the former Chairman, Nigerian Insurers Association […]
Insurance
African insurance firms urged to embrace digitization to curb fraud
African companies should collect and digitize their data with a view to ending fraud, improving product designs and offering tailored premiums, a Kenyan expert said on Tuesday. Kenya’s former ICT Permanent Secretary Bitange Ndemo told the Africa Insurance Summit underway in Nairobi that there is no legal fragment in Kenya […]
FIRS refunds N1bn erroneous tax deductions to insurance companies
From left: Director General, Nigerian Insurers Association, Mrs Yetunde Ilori and Chairaman, Eddie Efekoha at the event. By Rosemary Onuoha THE Federal Inland Revenue Service, FIRS, has made tax refunds in excess of N1 billion to insurance companies. Chairman of Nigerian Insurers Association, NIA, Mr. Eddie Efekoha disclosed this at […]
Linkage Assurance names Daniel Braie Acting MD/CEO
Leave a comment and share Chuks Udo Okonta The Board of Directors, Linkage Assurance Plc has named Daniel Braie Acting Managing Director/Chief Executive Officer of the Company. He takes over from Dr Pius Apere whose appointment with the Company ended 21st June 2018. The decision follows an emergency board meeting […]
Eddie Efekoha tenders Scorecard
From left: Controller, InfoTech, Research & Statistics, Nigerian Insurers’ Association (NIA), Mrs Bola Omole; Director General, NIA, Mrs. Yetunde Ilori, and Chairman, NIA, Eddie Efekoha at the event. *NIA towers to gulp N1.5 billion Leave a comment and share Chuks Udo Okonta The outgoing Chairman of Nigerian Insurers Association ( […]
Osibanjo, Ovia, others to grace 2018 IICC confab
From left: Director-General, Chartered Insurance Institute of Nigeria, Richard Borokini, Chairman, Planning Committee, National Insurance Conference, Femi Hassan and Managing Director, LAKEG Nigeria Limited, Muftau Oyegunle at the event. Leave a comment and share Chuks Udo Okonta The 2018 National Insurance Conference (NIC), to be organised by insurance operators under […]
1 July 2018 confirmed as the commencement date of the Insurance Act in South Africa
On 21 June 2018 Kuben Naidoo, the Chief Executive Officer of the Prudential Authority, published a communication which confirms that the Insurance Act, 2017 will take effect on 1 July 2018, as anticipated (“Communication”). The Communication provides that the Minister of Finance has signed the notice of commencement of the […]
BusinessToday Online unveils nominees for 2017 awards
* Marks 5th year anniversary Leave a comment and share Nkechi Naeche The Management of BusinessToday Communication, owners of BusinessToday Online and BusinessToday Magazine, has released the names of nominees for the 2017 BusinessToday Online Insurance and Pension industry awards. A statement by its Editor, Nkechi Naeche, said the awards […]
FBNInsurance hosts inaugural customer forum in Aba
Leave a comment and share As part of her corporate strategy to bring insurance closer to the people, leading Life Insurer, FBNInsurance, will hold her inaugural Customer Forum in Aba, Abia State this Saturday, 23 June, 2018. The Forum, according to a statement obtained from the Marketing and Corporate Communications […]
Custodian Investment launches Max, Nigeria’s first insurance ChatBox
From left: Chief Technology Officer, Custodian Investment Plc, Esomchi Nwofor; Chief Executive Officer Custodian Social Responsibility Foundation, Olubunmi Aderemi; Executive Director, Operations, Custodian Life Assurance Limited, Ngozi Nlebemuo; Head of Strategy, Custodian and Allied Insurance Limited, Bisola Ajibola and Head, Retail Division, Custodian and Allied Insurance limited, Oladele Akinsanya at […]
