insurance and pension news
Monday, March 3, 2025
By Dr. Pius Apere (PhD/FCII) (Actuarial Scientist and Chartered Insurer) Chairman/CEO Achor Actuarial Services Limited 1. Introduction Nigerian Actuarial Society (NAS) is the premier Nigerian actuarial professional body established in 1986 which has not developed capacity to qualify actuaries by examinations but have criteria of admitting members into the society […]
Kindly leave a comment and share Chuks Udo Okonta A Tuesday morning full of celebration and thanksgiving as insurance practitioners gather to celebrate the Registrar/CEO, Chartered Insurance Institute of Nigeria (CIIN), Mrs. Abimbola Tiamiyu as she turned 50. The celebration began with a 50 minutes of praise at her residence […]
Kindly leave a comment and share Chuks Udo Okonta Mutual Benefits Assurance Plc and its subsidiary, Mutual Benefits Life Assurance Limited, successfully disbursed claims totaling N34.54 billion in 2024, a significant payout that underscores the company’s unwavering commitment to financial security and customer satisfaction, despite rising economic challenges. The claims […]
Kindly leave a comment and share Chuks Udo Okonta As claims payment has remained the bane for insurance development, there is the need to disrupt the industry with the floating of companies that shouldn’t be focused on claims. As the industry offers other services that are not claims related, those […]
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has introduced an enhanced third-party motor insurance package, ‘Third Party Plus,’ offering additional protection beyond the traditional third-party coverage. The innovative policy, designed to cater to budget-conscious vehicle owners, combines the legally required third-party insurance with own damage […]
kindly leave a comment and share Chuks Udo Okonta Alliance and General Insurance Plc, today made history as the first underwriting firm in recent time to extend love and support to patients of Federal Neuropsychiatric Hospital Yaba, Lagos by donating food and other necessary items to them as part of […]
Kindly leave a comment and share Chuks Udo Okonta Cornerstone Insurance Plc Foundation, the corporate social responsibility arm of Cornerstone Insurance Plc, in the spirit of the Valentine season, has partnered the Lagos Food Bank Initiative (LFBI) to distribute food to schools in Lagos State. This initiative is part of […]
Kindly leave a comment and share Chuks Udo Okonta The Director General of Nigerian Insurers Association, (NIA) Mrs. Bola Odukale has reiterated the need for continuous insurance awareness creation across the country to eliminate the prevailing negative perception about insurance. Odukale made the assertion when the executive members of the […]
Kindly leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has said it will be embarking on a Pan-Nigeria radio campaign for the next 13 weeks to promote one of its home-grown motor insurance policies, the Enhanced Third-party Motor Insurance Policy with the acronym, E3P. This was […]
Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced the launch of its low-cost insurance product—Flexi Comprehensive Motor Insurance, which provides comprehensive motor insurance benefits for a fraction of the cost. Reaffirming its commitment to making insurance accessible to Nigerians, Heirs […]
