Kindly leave a comment and share Chuks Udo Okonta Sterling Assurance Nigeria Limited, one of the leading insurance companies in Nigeria, grew its profit by 32 per cent, amounting to Gross Written Premium (GWP) of N5.9 billion in 2023. The Chairman of the company, Dr. Fatai Lawal, disclosed this […]
Insurance
NAICOM mulls disposing African Alliance annuity portfolio
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said one of the mandates given to the newly constituted interim board and management of African Alliance Insurance Plc is to open the firm’s annuity portfolio for acquisition. The Commissioner for Insurance Olusegun Omosehin, said […]
NCRIB honours Ademola Olutusin with Outstanding Service Recognition Award
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has honoured its Chairman Lagos Area Committee (LAC) Ademola Olutusin with an Outstanding Service Recognition Award for his selfless and untiring contributions to the growth and progress to the Council and insurance sector. […]
Dr. Awele Elumelu drums increased female leadership in insurance Sector
Kindly leave a comment and share Chuks Udo Okonta The Chairperson, Heirs Insurance Brokers (a member of Heirs Insurance Group) and Chairperson Avon HMO, Dr. Awele Elumelu, at the recently concluded International Conference for Women in Insurance, joined other female business leaders in the call for gender parity and more […]
Sanlam’s 1056# Code now on Airtel, MTN mobile networks
Kindly leave a comment and share Chuks Udo Okonta Sanlam General Insurance Nigeria Limited, a subsidiary of Sanlam Life Insurance Nigeria has announced a significant upgrade to its *1056# Code of Confidence, a revolutionary USSD solution now available on Airtel and MTN mobile networks in Nigeria. The expanded features provide […]
SUNU Nigeria gets kudos on free mammogram, breast cancer screening project
Kindly leave a comment and share Chuks Udo Okonta SUNU Assurances Nigeria Plc and SUNU Health Nigeria Limited, a reputable health maintenance organisation (HMO) in Nigeria, have received overwhelming positive feedback from beneficiaries of its recent free 3D mammogram-breast cancer screening initiative. The program was launched to raise awareness about […]
Guinea Insurance grows revenue to N2.077bn in 2023
Kindly leave a comment and share Guinea Insurance Plc has reported impressive financial performance in 2023, with a 49.4 per cent increase in Insurance Revenue, rising to N2.077 billion. The Chairman of the firm Ugochukwu Godson, SAN, disclosed this at the 66th Annual General Meeting (AGM) held in Lagos. The […]
Dr. Awele Elumelu tasks African governments to simplify insurance licensing processes
Kindly leave a comment and share Chuks Udo Okonta Stringent licensing and market entry restrictions placed by African Governments stifle the growth and reach of the insurance industry, Chairperson, Heirs Insurance Brokers & Avon Healthcare Limited Dr. Awele Elumelu, has said. She disclosed this in her Keynote Paper entitled: ‘The […]
NAICOM draws operational line for insurance companies
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said an operational line has been drawn for insurance companies in the country. The Deputy Commissioner Technical of NAICOM Dr. Usman Jankara, said this at a press conference held recently in Lagos, stating that the regulatory […]
Echoes from African Alliance Insurance annuitants
Kindly leave a comment and share Chuks Udo Okonta African Alliance Insurance Plc annuitants and their family members have continued to react to recent decisions taken by the National Insurance Commission (NAICOM) to save the ailing firm. While some applauded the regulator, others believed the decisions came very late as […]