Kindly leave a comment and share Chuks Udo Okonta The Nigerian insurers Association (NIA) applauds the Inspector General of Police (IGP) and the Nigeria Police Force for the recent announcement of a nationwide enforcement of the Third-Party Motor insurance Policy, effective February 1, 2025. This initiative aligns with the provisions […]
Insurance
Insurance brokers x-ray 2024 tax reform bill, take position on turnover, fixed assets
Kindly leave a comment and share Chuks Udo Okonta Insurance Brokers have expressed their desire to be classed among small companies with turnover of N50 million and below or fixed assets with less than N100 million that would enjoy certain tax exempt under taxation of income of person as stipulated […]
Nigerians to enjoy insurance covers at shopping malls, supermarkets
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) is partnering owners of shopping malls and supermarkets to provide insurance covers for essential goods sold at their outlets. The President of NCRIB Babatunde Oguntade, said this at a press conference held recently […]
Ogunbiyi attributes Mutual Benefits Assurance successes to thanksgivings
Kindly leave a comment and share Chuks Udo Okonta The Chairman of Mutual Benefits Assurance Plc, Dr. Akin Ogunbiyi, has said secret of the great strides being recorded by the company is giving thanks and praises to God Almighty. He disclosed this today at the firm’s 29th annual thanksgiving service […]
NCRIB-LAC to award CIIN examination registration to distinguished insurance teachers
Kindly share and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers Lagos Area Committee (NCRIB-LAC) in partnership with a reinsurance expert Kehinde Adeyemi, are presently conducting training for secondary school insurance teachers and would award registration of Chartered Insurance Institute of Nigeria (CIIN) examinations to three of […]
Linkage Assurance CFO becomes pioneer chairman of ICAN-NIA Chapter
Kindly leave a comment and share Chuks Udo Okonta Dr. Emmanuel Otitolaiye, Chief Financial Officer(CFO) of Linkage Assurance Plc has been invested the Pioneer Chairman of the Institute of Chartered Accountants of Nigeria (ICAN) -Nigerian Insurers Association( NIA) Chapter. ICAN-NIA Chapter was recently inaugurated by the 60th President of ICAN, […]
NAICOM approves appointment of Dr. Japhet Duru as Managing Director/CEO Universal Insurance
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission, (NAICOM) has approved the appointment of Dr. Japhet Ogueri Duru as the new Managing Director/ CEO of Universal Insurance Plc, effective 10th January 2025. He joined Universal Insurance Plc on 22nd August 2024 as the Executive Director, […]
Brokers demand more AM Best ratings for MGAs
by Rod Bolivar The majority of UK insurance brokers are calling for more managing general agents (MGAs) to undergo AM Best performance assessments, with 81 per cent supporting the idea and 77 per cent saying such a rating would influence their choice of partners. The findings come from a recent […]
Rex Insurance appoints ED, CFO, others
Kindly leave a comment and share Chuks Udo Okonta The Board of Rex Insurance Limited (Rex) has announced the appointments of four key executives in the company. They are Adesola Akintayo as Executive Director, Technical; Abayomi Kayode as Chief Financial Officer (CFO); Adeyinka Aderombi as Chief Digital Information Officer (CDIO); […]
Dr. Oniwinde celebrates 85th birthday, unveils book on Insurance
Kindly leave a comment and share Chuks Udo Okonta It was a glorious moment when Sir (Dr.) Adelani Oniwinde celebrated his 85th birthday on second week of January 2025, with the release of his new book titled: “Insurance Marketing and Management in West Africa”. About the book The book’s first […]