Insurance

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 […]

Insurance

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 […]

Insurance

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 […]

Insurance

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 […]

Insurance

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 […]