Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) in collaboration with Heirs Insurance Group; Sovereign Trust Insurance Plc and Cornerstone Insurance plc stole the show at the 2024 Lagos International Trade Fair (LITF) with their impressive array of qualitative insurance products. […]
Insurance
Linkage Assurance grows insurance revenue to N16.4bn in Q3
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has sustained its strong growth trajectory, with a 61 percent rise in insurance revenue at the end of third quarter 2024. Linkage Assurance Plc’s unaudited financial statements year-on-year for the period end 30th September 2024 submitted to the […]
African Alliance to court: Declare NAICOM’s dissolution of our board null and void
African Alliance Insurance Plc has asked the Federal High Court in Lagos to nullify the dissolution of its board by the National Insurance Commission (NAICOM). In a suit numbered FHC/L/CS/ 2008/2024, it is praying for a declaration that the purported board dissolution and removal of its Chief Executive Officer and […]
NAICOM implores operators to engage 1 million insurance empowered Nigerian youths
Kindly leave a comment and share Chuks Udo Okonta Determined to achieve the one million insurance empowered scheme for Nigerian youths, the National Insurance Commission (NAICOM) has implored insurance practitioners to take advantage of the network in their recruitment exercise. The Commissioner for Insurance and Chief Executive Officer NAICOM Olusegun […]
Leadway donates N117m relief support to Borno State flood victims
Kindly leave a comment and share Chuks Udo Okonta Leadway Group has donated N117 million in relief packages to the Borno State flood victims in response to the recent unprecedented flooding that has devastated communities across the state. The disaster affected over a million residents, displaced thousands and caused significant […]
NCRIB-LAC prepares brokers on insurance of CNG automobile
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers, Lagos Area Committee (NCRIB-LAC) as part of its proactiveness, has organised a workshop to educate its members on how to provide insurance services on Compressed Natural Gas (CNG) enabled automobiles. The Chief Risk Officer/Head […]
Why beneficiaries of insurance claims should tell others
Kindly leave a comment and share Chuks Udo Okonta The insurance industry paid N536.5 billion claims in year 2023 and many people are still in doubt that insurers pay claims. Irrespective of the efforts made by insurance and media practitioners to project huge claims paid yearly by underwriters, unless claims […]
Continental Reinsurance opens entries for 10th Pan African Re/Insurance Journalism Awards
Kindly leave a comment and share Chuks Udo Okonta Continental Reinsurance Plc, a leading Pan-African reinsurer, has announced the launch of the 10th edition of the Pan African Re/Insurance Journalism Awards (2025), marking a decade of recognizing journalistic talent and excellence within the re/insurance industry. The longest-running award program dedicated […]
Insurers get Dec 31 deadline to clear outstanding claims
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has given insurance companies December 31, 2024 deadline to clear all outstanding claims. The Head, Communication & Stakeholders Management Sub-committee and Managing Director Rex Insurance Limited Mrs. Ebelechukwu Nwachukwu, disclosed this at a press conference held […]
NIA courts NCRIB on provision of full underwriting information to improve claims payments
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has pledged to collaborate with the Nigerian Council of Registered Insurance Brokers (NCRIB) to ensure the provision of full underwriting information required in onboarding of policyholders , which would then aid claims settlement. The Chairman of […]