insurance and pension news
Sunday, November 24, 2024
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has sustained its strong growth trajectory, with a 61 percent rise in insurance revenue at the end of third quarter 2024. Linkage Assurance Plc’s unaudited financial statements year-on-year for the period end 30th September 2024 submitted to the […]
African Alliance Insurance Plc has asked the Federal High Court in Lagos to nullify the dissolution of its board by the National Insurance Commission (NAICOM). In a suit numbered FHC/L/CS/ 2008/2024, it is praying for a declaration that the purported board dissolution and removal of its Chief Executive Officer and […]
Kindly leave a comment and share Chuks Udo Okonta Determined to achieve the one million insurance empowered scheme for Nigerian youths, the National Insurance Commission (NAICOM) has implored insurance practitioners to take advantage of the network in their recruitment exercise. The Commissioner for Insurance and Chief Executive Officer NAICOM Olusegun […]
Kindly leave a comment and share Chuks Udo Okonta Leadway Group has donated N117 million in relief packages to the Borno State flood victims in response to the recent unprecedented flooding that has devastated communities across the state. The disaster affected over a million residents, displaced thousands and caused significant […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers, Lagos Area Committee (NCRIB-LAC) as part of its proactiveness, has organised a workshop to educate its members on how to provide insurance services on Compressed Natural Gas (CNG) enabled automobiles. The Chief Risk Officer/Head […]
Kindly leave a comment and share Chuks Udo Okonta The insurance industry paid N536.5 billion claims in year 2023 and many people are still in doubt that insurers pay claims. Irrespective of the efforts made by insurance and media practitioners to project huge claims paid yearly by underwriters, unless claims […]
Kindly leave a comment and share Chuks Udo Okonta Continental Reinsurance Plc, a leading Pan-African reinsurer, has announced the launch of the 10th edition of the Pan African Re/Insurance Journalism Awards (2025), marking a decade of recognizing journalistic talent and excellence within the re/insurance industry. The longest-running award program dedicated […]
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has given insurance companies December 31, 2024 deadline to clear all outstanding claims. The Head, Communication & Stakeholders Management Sub-committee and Managing Director Rex Insurance Limited Mrs. Ebelechukwu Nwachukwu, disclosed this at a press conference held […]
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has pledged to collaborate with the Nigerian Council of Registered Insurance Brokers (NCRIB) to ensure the provision of full underwriting information required in onboarding of policyholders , which would then aid claims settlement. The Chairman of […]
Kindly leave a comment and share Chuks Udo Okonta A high level stakeholders follow up meeting of the Insurance and Aviation sectors was convened yesterday in Abuja at Transcorp Hilton Hotel. The meeting which was chaired by the Honorable Minister of Aviation and Aerospace Festus Keyamo SAN also had in […]
