insurance and pension news
Thursday, April 3, 2025
Kindly leave a comment and share Chuks Udo Okonta Negligence by some Insurers to inspect what they insure has robbed them billions of naira in claims. Oftentimes, the negligence stems from trust, as the insurers trust their brokers and policyholders, failing to conduct due diligence on what they insure. A […]
Kindly leave a comment and share As part of Mutual Benefits’ unwavering commitment to making insurance accessible and ensuring compliance with regulatory requirements, the firm is proud to reaffirm its dedication to providing comprehensive and affordable motor insurance coverage. Motor Insurance is an essential financial safety net for vehicle owners, […]
Kindly leave a comment and share Chuks Udo Okonta Some Insurers have reacted to the complaints document published by the National Insurance Commission (NAICOM), faulting the commission for not cross checking with them on the genuineness of the claims before making them public. According to one of the operators, the […]
Kindly leave a comment and share Chuks Udo Okonta Unpaid claims presented to the National Insurance Commission (NAICOM) by aggrieved policyholders in naira terms was over N24.59 billion and $22.56 million, Inspenonline can report. This was obtained by this medium in the recently published complaint document by NAICOM on its […]
Kindly leave a comment and share Chuks Udo Okonta What most insurance operators don’t understand is the fact that enlightened policyholders buy brands and not policies. These class of policyholders pay attention to track records of insurance companies and are loyal to brand names in their insurances. Companies with this […]
Kindly leave a comment and share Chuks Udo Okonta Ahead of the upcoming Annual General meeting and Conference in Freetown, Sierra Leone, the West African Insurance Companies Association, (WAICA has opened the registration platform for intending participants. The theme of the conference which comes from 4 – 6 May 2025 […]
Kindly leave a comment and share Many young people assume that critical illness insurance is unnecessary because they are young and healthy. However, with the increasing prevalence of lifestyle-related diseases such as hypertension, diabetes, and cancer among Millennials and Gen Z, financial protection against medical emergencies is more important than […]
Kindly leave a comment and share Chuks Udo Okonta In line with International Women’s Day 2025 and its theme #AccelerateAction, emPLE, a leading force in Nigeria’s financial services sector, launched the “Empower HER” campaign. This initiative aims to provide financial security for women-owned businesses and enterprises, which is vital to […]
*Brokers brace up for inherent opportunities Kindly leave a comment and share Under the African Continental Free Trade Area (AfCFTA) every nation domestic regulations will prevail, but there would be mutual recognitions between countries, the Director Trade in Service, Investment, IPR and Digital Trade AfCFTA Secretariat, has said. She disclosed […]
Kindly leave a comment and share Chuks Udo Okonta The House of Representatives yesterday passed the Nigerian Insurance Industry Reform Act Bill, 2025 (SB. 393). The Spokesman of the House Julius Ihonvbere said part of the day’s bills was the bill for an Act to repeal the Insurance Act, Cap. […]
