Sogelola Law Union and Rock Insurance Plc. has notified the Nigerian Stock Exchange (NSE) and the investing public of the appointment of Olasupo Sogelola as an Executive Director (Operations/Technical). The appointment has been approved by the National Insurance Commission (NAICOM)Inspen can report. Sogelola is an accomplished Executive who has over […]
Insurance
Insurers in Nigeria advised against reliance on brokers
By Marianne Lehnis The tendency for most insurance brokers to focus on big ticket government business is responsible for the low level of insurance penetration in the country, the Executive Vice Chairman of Insurance Brokers of Nigeria, (IBN), Prosper Okpue, said in an interview with Financial Vanguard. The IBN executive […]
Brokers eye software to enhance regulatory compliance
From left: President of the Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren; Managing a Director Zenith-Prudential Insurance Life Limited, Chuks Igumbor; Yeside Kazeem of Prudential and Managing Director Zenith Insurance Company Limited, Ebelechukwu Nwachukwu at an event. Leave a comment and share Chuks Udo Okonta The governing board […]
Allianz acquires Ensure Insurance Plc
Leave a comment and share Chuks Udo Okonta • Allianz now present in 17 countries across Africa • Acquisition in line with Allianz’s growth ambition in Africa • Pending regulatory approvals, transaction expected to close end of 2017 Allianz Group announced today a binding agreement to acquire 98 percent of […]
Law Union & Rock Insurance records N2.76bn gross premium in half year
From left: Head Legal/Admin & Company Secretary, Law Union & Rock Insurance Plc, Stanley Chikwendu; Head Enterprise Risk Management, Monday Utomwen; Chief Marketing Officer, Steve Ajudua; Managing Director/Chief Executive Officer, Jide Orimolade; Chief Financial Officer, Olabisi Olayiwola; Head Information and Communications Technology, Boluwatife Ajewola and Head Internal Control/Audit Habib Emmanuel […]
CIIN partners UNILAG on insurance, risk management
From left: Professor Rahmon Ade Bello, Vice Chancellor, University of Lagos and Funmi Babington-Ashaye, President, Chartered Insurance Institute of Nigeria (CIIN) during a courtesy visit to the office of the Vice Chancellor of the University of Lagos. Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of […]
Insurers to get succour as NAICOM, NSE, others harmonise accounts reporting procedure
From left: George Oneknena, Deputy Commissioner (Finance & Administration), National Insurance Commission (NAICOM); Oscar N. Onyema, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Mohammed Kari , Commissioner for Insurance/Chief Executive, NAICOM; Eddie Efekoha, Chairman of Nigeria Insuers Association ( NIA) and Managing Director Consolidated Hallmark Insurance Plc; Barineka Thompson, […]
Zenith Life Assurance hosts NCRIB Members’ evening
Mrs Nwanchukwu Leave a comment and share Chuks Udo Okonta Zenith Life Assurance Limited will be playing host to Registered Insurance Brokers under the aegis of Nigerian Council of Registered Insurance Brokers (NCRIB) in the month of August. The Company, in a bid to extend the frontiers of its operation […]
Insurance rebranding project to start in Q1 2018
Leave a comment and share Chuks Udo Okonta Insurance operators have revived their industry’s rebranding project, which they said would commence in the first quarter of 2018. The Vice Chairman Sub Committee Publicity of the Insurers Committee, who is also the Managing Director Zenith Insurance Company Limited, Ebelechukwu Nwachukwu, disclosed […]
Sovereign Trust Insurance posts N630m PBT in half year
Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has again maintained a very impressive half year performance going by its unaudited financial results which was recently made available to the public by the underwriting firm. A statement by its Head of Corporate Communications & Brand Management, […]
