.Announces appointment of new directors Leave a comment and share Chuks Udo Okonta Leadway Assurance Company Limited, said its assets grew from N137.3 billion 2015 to N166 billion in 2016. Gross Premium Income (GPI) also rose by 13 per cent from N46.6 billion to N52.7 billion, an increase largely attributable […]
Insurance
NAICOM endorses approval of four insurers to sell annuity
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) says it is comfortable with the approval granted to four insurance companies to sell annuity. Head, Corporate Affairs NAICOM, Rasaaq Salami, told Inspenonline that the four companies received the blessings of the commission. The National Pension Commission […]
Mutual Benefits posts N10.7bn underwriting income in 2016
. Pays N3.3bn claims Mutual Benefits Assurance Plc, grew its underwriting income by 27 per cent from N8.3 billion to N10.7 billion in 2016, despite the challenging economy and consumer apathy towards insurance. A statement by the firm’s Head, Corporate Communication, Ellen Offo, stated that this was revealed in the […]
Cross River Govt. partners brokers on assets, investments
Governor Ayade Leave a comment and share Chuks Udo Okonta Cross River State Government has pledged to patronise insurance brokers in the insurance of its numerous assets and investments to sustain the state’s economic growth. The Executive Governor of the State, Professor Benedict Ayade, made the promise while declaring open, […]
Insurers resume sales of annuity amid low patronage
Leave a comment and share Chuks Udo Okonta Life Insurers cleared by the National Pension Commission (PenCom) to sell annuity have resumed sales, amid claims that the patronage for now remains low. Inspen interacted with some of them yesterday in Lagos at the 12th Retirement Benefits Documentation Seminar organised by […]
Sovereign Trust Insurance wins award
R-L: Head of corporate communications and brand management, Sovereign Trust Insurance Plc, Mr. Segun Bankole Receiving the company’s award from the Permanent Secretary, Civil Service Pensions Office, Lagos state, Mr. Senayon Adeola at the event. Sovereign Trust Insurance Plc has been named the Most Innovative Insurance Brand of the year […]
Allianz launches new insurance product for British workers abroad amid Brexit concerns
By Vicki Owen Fears that British workers abroad could lose access to free or reduced cost medical treatment in the EU after Brexit have prompted the launch of a new international insurance product for small and medium-sized enterprises. Allianz Worldwide Care’s Andy Seale said: ‘There’s a huge number of people […]
Anchor Insurance wins retail award
From left: Chairman Person of the occasion and MD/CEO, YorkCity Consult Limited, Mrs. Tonia Smart; Anchor’s General Manager, Retail & Microinsurance, Mr. Uzoma Ofurum; Head, AnchorLoEIS, Mr. Kehinde Olaniyi and Head, Brand & Corporate Communications, Mr. Jamiu Osoba.at the event. Leave a comment and share The 2016 Retail Insurance Company […]
AIICO Partners Taxify, AutoGenius to Launch “Taxify Cover”
From left: Oluwabiyi Ezekiel (Group Head, Non-Life Retail/SME Business – AIICO)Mr. Adebowale Banjo (General Manager, AutoGenius) Mr. Adewale Kadri (General Manager, Non-Life Business -AIICO) Miss. Abimbola Owolabi (Client Service Executive, AutoGenius)Mr. Uche Okafor(Operations Manager, Taxify)Mr. Nonso Onwuzulike (Operations Manager, Taxify)Mr. Joseph O. Oduniyi (Deputy General Manager, Non-Life Corporate Business – […]
IGI now on Quickteller, launches new website
Leave a comment and share Chuks Udo Okonta Industrial And General Insurance Plc (IGI) has introduced new payment solutions to facilitate online remittances for Insurance policies and ensure safer, more efficient transactions with customers. A statement by the Head, Corporate Communications, of the firm, Steve Ilo, said the initiative now […]