Kari Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM), has official written to state Governors through the Governors’ Forum seeking an opportunity to dialogue with them on how to boost their Internally Generated Revenues (IGR) through Insurance. The Deputy Commissioner Technical, National Insurance Commission, Sunday […]
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 […]
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 […]
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 […]
More Managing Directors of insurance firms to be sacked next year
Kari Leave a comment and share Chuks Udo Okonta Insurance Industry will next year witness exodus of managing Directors as the National Insurance Commission (NAICOM) has vowed to tightened its regulations. Inspenonline gathered that the Commissioner for Insurance, Mohammed Kari, had at the last Insurers’ Committee meeting held in Lagos, […]
Bolaji Oladipo now acting managing director standard alliance insurance
Oladipo Leave a comment and share Chuks Udo Okonta Following the indefinite suspension of Bode Akinboye, the board of directors of Standard Alliance Insurance Plc, has appointed Bolaji Oladipo the Acting Managing Director of the firm. Prior to his appointment, Oladipo was the firm’s Director Technical Operations. He was also […]
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, […]
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 […]
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 […]
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 […]