Kindly leave a comment and share Left with just unpaid one month pension benefits arrears, annuitants of African Alliance Insurance Plc have called on the National Insurance Commission (NAICOM) to prosecute the board/management of the company who brought untold hardship on them. A statement from leaders of the annuitants made […]
Insurance
Nigeria insurance sector to host 2025 WAICA education confab on climate change
Kindly leave a comment and share Chuks Udo Okonta The Nigerian insurance industry is set to host the 2025 Education Conference of the West African Insurance Companies Association (WAICA), taking place from October 12 to 15, 2025, at the iconic Eko Hotels & Suites, Lagos. According to the Chairperson, Local […]
Coronation Insurance, Coronation Life Assurance host 3-day retreat to boost retail sales agency performance, excellence
Kindly leave a comment and share Chuks Udo Okonta Coronation Insurance Plc and Coronation Life Assurance Limited recently concluded a three-day retreat session for their retail sales agency workforce. The retreat held from August 21 to 23, 2025, at the LimeRIDGE Signature Hotel, Ikeja GRA, Lagos. The retreat, themed “Together. Inspired. Succeed.” was designed to […]
Insurance practitioners bond at CIIN’s family picnic
Kindly leave a comment and share Chuks Udo Okonta Chartered Insurance Institute of Nigeria (CIIN) hosted a fun-filled family picnic, bringing together members, families, and representatives from various insurance companies. The event was a resounding celebration of unity, camaraderie, and the insurance industry’s collective strength. The picnic, held on August […]
PenCom answers NLC on management of workers’ pension funds, non-inauguration of governing board
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has responded to the Nigeria Labour Congress (NLC) on recent issues raised on the management of workers’ pension funds and non-inauguration of PenCom’s Governing Board. In a letter dated 28 July 2025, NLC President Comrade Joe […]
African Alliance Insurance pays annuitants 6 months arrears pension benefits
*PenCom gets kudos for driving the payments Kindly leave a comment and share Chuks Udo Okonta Many annuitants were enlivened as they were paid six months out of their nine months arrears pension benefits. While many rejoiced over the payments, some are sad as they only got two months payments. […]
NIIRA: Continental Re Group ED, Akwiwu drums for strong governance amid recapitalisation at RACC retreat
Kindly leave a comment and share Chuks Udo Okonta The Group Executive Director Continental Reinsurance Plc, Chukwuemeka Akwiwu, has urged insurance companies to embed strong governance practices as a core strategy for managing the fresh capital they are required to raise under the NIIRA 2025. He made this call at […]
Accident victims of uninsured, unidentified motorists to get N2m medical compensation
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurance Industry Reform Act (NIIRA) 2025 has provided that any person involved in a motor accident by an uninsured vehicle or unidentified driver would be catered for provided such hospital expenses shall not exceed the sum of N2 million. […]
Kunle Ahmed, NIA Chairman, confirmed to speak at IMT 4.0 conference
Kindly leave a comment and share Chuks Udo Okonta Insurance Meets Tech (IMT), West Africa’s leading platform for converging insurance and technology innovations, colloquium, and discourse on policy environment and operational efficiencies, proudly confirms the participation of Kunle Ahmed, the Chairman of the Nigerian Insurers Association (NIA) as a Guest […]
How Insurers can turn NIIRA to NAIRA
Kindly leave a comment and share Chuks Udo Okonta As insurance practitioners and stakeholders celebrate the enactment of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, the impact can only be felt when insurers are able to leverage the provisions in the Act to improve their profitability. NIIRA to NAIRA […]