Muktari Leave a comment and share Chuks Udo Okonta Royal Exchange Plc, Nigeria’s premier insurance and financial services group, has announced that its Profit After Tax (PAT) increased by 19 per cent from N171.14 million achieved in half year 2016 to N203.3 million recorded in half year 2017. A statement […]
Insurance
Building Capacity in Insurance Sector – WAICA Convenes Liberia’s Conference
A four days international conference geared towards building the technical capacity of insurance companies in West Africa, commenced in Monrovia on Monday. Report by Edwin G. Genoway, Jr The conference is being organized by the West Africa Reinsurance Corporation PLC (WAICA). The conference is held under the theme “Advance Principles, […]
Nigeria Re builds capacity, makes case for local reinsurers
Lady Chukwuma Leave a comment and share Chuks Udo Okonta Nigeria Reinsurance Corporation in a bid to improve underwriting practice and claims administration had conducted a training for its customers. Its Managing Director, Lady Isioma Chukwuma, at the training done in conjunction with GIC India and South Africa in Lagos, […]
FBN General Insurance appoints Mimiko as ED
Mimiko Leave a comment and share Chuks Udo Okonta FBN General Insurance Limited has announced the appointment of Babatunde Mimiko as Executive Director. A statement by the company, noted that Managing Director/Chief Executive Officer, FBN General Insurance, Bode Opadokun, was quoted as saying, “Mimiko brings on board a sterling 18-year […]
NIA DG resumes, amid high expectations
Mrs Ilori Leave a comment and share Chuks Udo Okonta The Director-General, Nigerian Insurers Association (NIA), Mrs. Yetunde Olubunmi Ilori, has resumed work today, even as all eyes are on her to take the underwriters’ body to lofty heights. Ilori who took over from Olorundare Sunday Thomas, who was appointed […]
We will soon create a portal to stop fake insurance papers – ASSBIFI
Insurance practitioners on Friday said that they would soon partner the Federal Government to create a common portal to check issuance of fake insurance documents in Nigeria. Mrs Oyinkan Olasanoye, the President of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), disclosed this to the News Agency […]
Group tasks NAICOM to review stance on microinsurance
From left: Managing Director, NEM Insurance Plc, Tope Smart; Chairman Nigerian Insurers Association, Eddie Efekoha and Director General, Mrs Yetunde Ilori at an event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has been urged to review its stance on microinsurance licence and product registration […]
Leadway Assurance to boost research on insurance with mobile office
From left: Executive Director, Leadway Assurance Company Limited, Adebayo Okuwobi; Executive Director, Tunde Hassan-Odukale; Executive a Director, Ms. Adetola Adegbayi; Head of Business Development, Leadway Pensure PFA, Osaghae Osarhieme and Head of Human Resources Department, Mrs. Kunbi Adeoti during the official launch of the Leadway Assurance Mobile Office in Lagos. […]
Ilori resumes on Monday as NIA DG
Mrs Ilori Leave a comment and share Chuks Udo Okonta Having secured the approval of the Governing Council of Nigerian Insurers Association (NIA), Mrs. Yetunde Olubunmi Ilori, will on Monday, August 7, 2017 resume as the substantive Director-General of the Association. She replaces Olorundare Sunday Thomas who was appointed Deputy […]
Kanye West Sues Lloyds Of London Over Insurance For Cancelled Shows
West A lawsuit filed Tuesday by representatives of Kanye West claims insurers have failed to pay nearly $10 million for West’s canceled Saint Pablo Tour last year. The suit filed by Very Good Touring against several Lloyd’s of London syndicates alleges breach of contract and seeks punitive damages and attorney […]
