WASHINGTON (AP) ” President Barack Obama says he knows that progress in reducing the uninsured rate hasn’t been without challenges. Obama says in a letter to the nation’s health insurers that most new enterprises have growing pains and opportunities for improvement, and the health insurance marketplace shaped by his health […]
Insurance
NAICOM seeks support to weed out bad eggs in insurance
Kari Leave a comment and share Chuks Udo Okonta The Commissioner for Insurance Mohammed Kari, has called on the Chartered Insurance Institute of Nigeria (CIIN) to lend its support towards ridding the insurance profession of the alleged remaining bad eggs that portray the sector in bad light. Kari, called on […]
Insurers call climate change the ‘mother of all risks’
The UK is set to miss a hardly ambitious target of providing 15 per cent of the country’s energy needs from renewable sources by 2020, according to MPs. A report from the Parliamentary Energy & Climate Change Committee says that it is three quarters of the way towards a 30 […]
Efekoha suggests way forward for insurance sector
Efekoha Leave a comment and share Chuks Udo Okonta The Chairman, Nigerian Insurers Association (NIA), Eddie Efekoha, has identified human capital development and growth of reserve from annual operational profits as panacea to some maladies faced by insurance operators in recent times. Efekoha, who is the Managing Director, Consolidated Hallmark […]
Brexit is threatening to sink London’s insurance market
Insurance market Lloyd’s of London may shift some of its business from the UK if it loses single-market access after Brexit, its chairman has warned. John Nelson said that London’s position as a global hub of specialist insurance was under threat, with the need for Lloyd’s and others to remain […]
Kari to insurers, let rebranding begins with you
Leave a comment and share Chuks Udo Okonta The commissioner for Insurance Mohammed Kari, has challenged insurance operators to urgently study ways and means of re-branding themselves to enable them change the perception of consumers of their services. Kari, who said this in Abeokuta, Ogun State, while speaking on the […]
NAICOM to launch second phase of MDRI
Kari Leave a comment and share Chuks Udo okonta The National Insurance Commission (NAICOM) by next month launch the second phase of the Market Development and Restructuring Initiative (MDRI), Inspen can report. It was gathered that this phase will help in the enforcement of all compulsory insurances, as the industry […]
NIA woos south-west states on group life insurance
Efekoha Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) is reaching out to states in the south-west for adoption of group life insurance for their workers. Its Director-General Sunday Thomas, to Inspen that the association will be having a meeting on the issue with the […]
Insurance is the last hope in times of recession – NIA DG
Gbadebo speaking and Thomas at the event Leave a comment and share Chuks Udo Okonta The Director-General Nigerian Insurers Association (NIA) Sunday Thomas, has urged the public to secure their belongings this period of recession with insurance which remains the best tool to mitigate risks. Thomas, gave the advice today […]
CAMCONIA holds 2016 retreat
Odeyemi Leave a comment and share Chuks Udo Okonta The Corporate Affairs Committee of the Nigeria Insurers Association (CAMCONIA), the umbrella body of Corporate Affairs Managers of insurance companies in Nigeria, will hold its 2016 Annual Retreat with the theme: “Impact of Public Relations on Insurance & Risk Management” from […]