The Emir of Kano, Alhaji Sanusi Lamido II departing after a closed-door meeting with Ag. President Yemi Osinbajo at the VP’s Wing, Presiidential Villa, Abuja. Photo by Abayomi Adeshida The Emir of Kano, Malam Muhammad Sanusi 11, today, Monday in Kano, launched Islamic insurance, tagged ‘Jaiz Takaful Insurance’. According to […]
Insurance
It’s cheaper to have marine insurance than pay fine for default — Leadway Assurance
In this interview, Executive Director, General Business, Leadway Assurance, Ms. Adetola Adegbayi spoke on why importers should have insurance for their cargoes. By Rosemary Onuoha WHY is fake insurance still thriving in marine business? The Nigerian Insurers Association, NIA, is working hard to come up with the marine module of […]
NAICOM, PenCom, Leadway Assurance win NAIPCO awards
Leave a comment and share Chuks Udo Okonta The National Association of Insurance and Pension Correspondents (NAIPCO) 2017 awards, were won by 23 outstanding insurance and pension operators as well as the insurance and pension regulators for their outstanding performance in their respective sectors. At the 2nd NAIPCO National Conference, […]
Insurers lose huge premium revenue to installment payments
Leave a comment and share Chuks Udo Okonta The Fire Committee of the Nigerian Insurers Association (NIA) has decried the loss of huge premium revenue by insurance companies to installment payments by policyholders. The committee stated in a report presented to the association that installment payment by policyholders usually result […]
Woman to get insurance claim of car stolen 11 years ago
A consumer court has directed a private company, an insurer, to pay the insurance money to a Delhi resident whose car was stolen in 2006 in Meerut. Draupadi Tuteja’s Maruti 800 car, which was insured by Oriental Insurance Company, went missing on October 1, 2006. However, instead of repeated reminders, […]
Financial regulator and insurers told to seize Brexit opportunities
Nicky Morgan, chair of the Treasury Select Committee (PA) MPs are urging the financial regulator to forge a closer relationship with the £1.9 trillion insurance industry to stop the UK missing out on the benefits of Brexit. The Prudential Regulation Authority (PRA) has been told to settle its differences with […]
Average UK motor insurance prices hit highest since 2012- ABI
(Reuters) – The average price of motor insurance in Britain jumped 10 percent in the third quarter of the year, taking premiums to their highest level since 2012, the Association of British Insurers (ABI) said. Premiums rose to 485 pounds ($642) in the quarter, 45 pounds higher than a year […]
Journalists laud Leadway Assurance for capacity building workshop
Journalists at the event. Leave a comment and share Chuks Udo Okonta Media practitioners who participated in the recently concluded Insurance Correspondents training workshop have commended Leadway Assurance Limited for the laudable initiative designed to improve their skills and knowledge about the insurance industry. The training was organised by Leadway […]
NIA Chairman, Efekoha bags IOD fellow
Efekoha (1st right) with other recipients at the event Leave a comment and share Chuks Udo Okonta The Chairman, Nigerian Insurers Association (NIA) and Managing Director, Consolidated Hallmark Insurance Plc, Eddie Efekoha, and 40 eminent professionals and business leaders were conferred with the fellowship of the Institute of Directors (IoD) […]
Royal Exchange gets NAICOM’s nod to underwrite agric insurance
Ms. Sheila Ezeuko, Company Secretary, Kenneth Odogwu, Chairman; Alhaji Auwalu Muktari, Group Managing Director at the event. . To unlock new growth potentials Royal Exchange Plc, Nigeria’s foremost financial services group having secured approval to underwrite agric-business from the National Insurance Commission (NAICOM) is set to unlock new growth potentials […]
