By Ekerete Ola Gam-Ikon Ekerete Ola Gam-Ikon MNIM, CPP, AMRMN, is an Administrator, a Business Thinker and Customer Advocate.
Insurance
Unethical practices ridicule integrity of insurance industry – Thomas
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance Sunday Thomas, has expressed misgivings over unethical practices, which he said ridicule or impugn integrity of the Nigerian insurance industry. Thomas, who spoke recently at an event organised by the Nigerian Council of Registered Insurance Brokers (NCRIB) […]
SUNU Assurances Nigeria rewards shareholders with 3kobo dividend, pays N1.47bn claims
SUNU Assurances Nigeria Plc has delighted its shareholders with a 3Kobo dividend per share of 50k ordinary share of the company. The Chairman of the underwriting firm, Kyari Bukar who announced the dividend payment at the firm’s Annual General Meeting (AGM) held in Lagos, stated that the dividend was paid […]
NAICOM, AMMC setup Joint Committee for enforcement of compliance by building developers, occupiers of public buildings in FCT
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Abuja Metropolitan Management Council (AMMC) have setup a Joint Committee to work out the modalities for enforcement of compliance by building developers and Occupiers of Public Buildings with sections 64 & 65 of the Insurance […]
NAICOM gives nod to confab on local content implementation in insurance industry
Kindly leave a comment and share The National Insurance Commission (NAICOM) has accepted to lead discussion at the 2023 National Conference on Building Local Content Synergy between the Insurance Industry and Oil and Gas Sector. A statement by the Chief Executive Officer, STANMEG Communications, Margaret Yemisi Izuora, said the Commissioner […]
Old Mutual Nigeria celebrates parent company’s 178 years of financial service heritage
Kindly leave a comment and share Old Mutual Nigeria Life Assurance Company Limited and Old Mutual General Insurance Company Nigeria Limited, subsidiaries of Old Mutual Limited (OML), Africa’s foremost provider of innovative financial, investment and insurance solutions, joined other African subsidiaries and affiliates to celebrate the parent company’s 178 years […]
NAICOM woos insurance brokers for five core mandates
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is seeking the understanding of insurance brokers so as to achieve five core mandates. According to NAICOM the mandates include: Projecting the additional values created by the new regime of third-party motor insurance cover; the NAICOM […]
Top 15 insurance companies in Africa
Kindly leave a comment and share 1. Sanlam Group (South Africa) Sanlam is a leading African insurance company with a rich history spanning over a century. With a diverse range of insurance products and financial services, Sanlam has built a strong reputation for its solid financial standing and customer-centric approach. […]
Subsidy removal could relegate insurance demand, NAICOM warns
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said the recent subsidy removal by the federal government exacerbates the need to project the value proposition of insurance beyond the conventional perception, as there will be a “complex rationing” which could further relegate insurance […]
Vehicles should be parked at insurance risk not owners – Igbrude
Kindly leave a comment and share Chuks Udo Okonta The National Coordinator Independent Shareholders Association of Nigeria (ISAN) Moses Igbrude, has charged insurance practitioners to rephrase the caution sign – ‘Vehicles parked at owners risk’ to ‘Vehicles parked at insurance risk’ as it is their obligations to provide cover for […]