Insurance

Insurance

NAICOM writes troubled insurance firms

Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has written an administrative letter to insurance companies that are presently undergoing financial challenges, Inspenonline reports. It was gathered that the letter detailed how the firms could manage their funds to enable them navigate their maladies. The […]

Insurance

12 Insurance firms urgently in need of funds next year

Leave a comment and share Chuks Udo Okonta Twelve insurance companies need to shore up their shareholders’ funds in 2018 to enable them play comfortably well in the highly competitive underwriting business. According to 2016 Insurance industry financial reports published by the National Insurance Commission (NAICOM), these firms are operating […]

Insurance

CIIN members appreciate God for successful year

From left: former Presidents of ILAN, Raph Opara;CIIN President, Mrs Funmi Babington-Ashaye, CIIN Deputy President, Mr Eddie Efekoha and NCRIB President, Mr Shola Tinubu during the 2017 CIIN Annual Christmas Carol Service at All Saints’ Church, Yaba, Lagos. Leave a comment and share Chuks Udo Okonta Members of the Chartered […]

Insurance

Kari appointed president society of fellows WAII

Kari Leave a comment and share Chuks Udo Okonta The Commissioner for Insurance Mohammed Kari, has been appointed President Society of Fellows of the West African Insurance Institute (WAII). Inspenonline learnt that he was nominated by the President of Sierra Leone, Ernest Bai Koroma. Kari is the Commissioner for Insurance, […]

Insurance

Brokers, agents, others owe insurers N92.98bn in 2016

Leave a comment and share Chuks Udo Okonta Outstanding premium due from brokers; agents; sundry debtors and others amounted to N92.98 billion in 2016, Inspenonline can report. According to the 2016 annual balance sheet of insurance companies published by the National Insurance Commission (NAICOM), Non-life operators were owed N84.48 billion […]

Insurance

Ademola Ifagbayi now National President of ARIAN

.Agents urged to shun staff mentality Leave a comment and share Chuks Udo Okonta Insurance agents nationwide have been charged to imbibe the mindset of an entrepreneur to succeed in the ever competitive business environment. The Immediate past President, Association of Registered Insurance Agents of Nigeria (ARIAN), Gbadebo Olameru, while […]

Insurance

Linkage Assurance eyes greater ROI to shareholders

From left: Dr Pius Apere, MD/CEO; Dr John Eseimokumoh, Chairman and Moses Omorogbe, Company Secretary and Inam Udo Udoma, all of Linkage Assurance PLC during the 23rd Annual General Meeting of the company in Lagos. .Grosses N4.03bn Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc is embarking […]