By ZAKA KHALIQ As the country continues to grapple with recession, occasioned by the slump in the price of crude oil in the international market which resulted in double digit inflation rate and naira devaluation, Nigerians are now paying more to replace their insured assets, LEADERSHIP Sunday can authoritatively report. […]
Insurance
Annuitants commend FBNInsurance for excellence service
Leave a comment and share Chuks Udo Okonta Annuitants that subscribed to FBNInsurance’s Guaranteed Lifetime Retirement Income Plan (GLRIP) have expressed deep satisfaction with the excellent services coming from the Life Insurance company. A statement by the Head, Marketing and Corporate Communications, FBNInsurance Limited, Elizabeth Agugoh, said in this era […]
Shareholders of Consolidated Hallmark Insurance get N120m dividend
From left: Company Secretary, Consolidated Hallmark Insurance Plc, Rukevwe Falana; Chairman, Obinna Ekezie and Managing Director, Eddie Efekoha at the event. .Posts N5.83bn gross premium income Leave a comment and share Chuks Udo Okonta Consolidated Hallmark Insurance Plc, is paying N120 million as dividend having received the nod of the […]
China to toughen insurance sector supervision
China’s top insurance watchdog decided to toughen supervision of the industry to guard against financial risks. Insurance regulators at all levels should shore up weak parts of the regulation to build a strict and effective supervision framework, according to a statement released by the China Insurance Regulatory Commission on Sunday. […]
Adewale Kadri joins AIICO Insurance to head Non-Life Business
Adewale Kadri, a seasoned professional and a consummate marketer whose career spans over 23 years joined AIICO Insurance Plc. as the General Manager of the Non-Life Business. He has served as a top management staff at various companies and recently as the Acting Managing Director of Oceanic Insurance Company Limited/Old […]
PwC lists strategies to increase insurance penetration in Nigeria
Chairman, CHI, Ekezie Leave a comment and share Chuks Udo Okonta Worried by the low insurance penetration in the country, PwC has urged insurers to form strategic alliances, enhance interactions, build trusted relationships and meet changing customers needs to reverse the trend. Dr. Andrew Nevin, who is the Financial Services […]
Chairman, CHI, Ekezie Leave a comment and share Chuks Udo Okonta Worried by the low insurance penetration in the country, PwC has urged insurers to form strategic alliances, enhance interactions, build trusted relationships and meet changing customers needs to reverse the trend. Dr. Andrew Nevin, who is the Financial Services […]
Adeosun urges governments to tackle risks associated with national identity
Adeosun Leave a comment and share Chuks Udo Okonta Nigeria cannot solve her security, social and economic development challenges if risks associated with identification of everybody in the country is not tackled, President, Risk Managers Society of Nigeria (RIMSON) Engineer Jacob Adeosun, has said. He disclosed the today at the […]
Intrigues as NIA combs for director general
Leave a comment and share The task of getting a competent Director General who would oversee the day-to-day activities of the Nigerian Insurers Association (NIA) seemed to be taking sleep from the eyes of council members of the underwriters body. Chuks Udo Okonta, in this report, examines how the appointment […]
How to achieve regional integration on insurance across West Africa – Efekoha
Efekoha Leave a comment and share Chuks Udo Okonta For insurers across West Africa to achieve regional integration, individual countries regulatory structures should be strengthened through total autonomy; deliberate efforts to foster relationship within the sub region financial sector amongst other things. The Chairman, Nigerian Insurers Association (NIA), Eddie Efekoha, […]
