Kindly leave a comment and share Our attention has been drawn to a widely circulating story on some online media with the headline “Lagos lawyer drags AIICO Insurance company to court over breach of contract,” which we find to be sensational and misleading. It is important to clarify that the […]
Insurance
CIIN invites entries for October 2023 professional examinations
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN), today, Thursday, June 1, 2023 opened entries online at http://www.ciinigeria.com for interested persons within and outside insurance industry to enter for October 2023 professional examinations of the institute. The Director-General of CIIN, Mrs. Abimbola […]
Namibia to host 2024 AIO conference, as Benhabiles Cherif becomes President
Kindly leave a comment and share The 2024 Conference and Annual General Assembly of African Insurance Organisation (AIO) will hold in Namibia, immediate past President Dr. Ben Kajwang, has said. He disclosed this yesterday at the just concluded Conference and Annual General Assembly of the AIO, in Algiers, Algeria, adding […]
GNI debunks report on acquisition of its annuity business
Kindly leave a comment and share Chuks Udo Okonta The Board and Management of Great Nigeria Insurance Plc have debunked a publication making the rounds that the firm’s Annuity Insurance business has been acquired by a rival insurance company. A statement by the firm noted that the said publication is […]
Insurance sector growth shrinks by 7.25% in Q1, over cash crunch – NBS
Kindly leave a comment and share Chuks Udo Okonta Insurance sector’s growth fell by 7.25 per cent in the first quarter of 2023, National Bureau of Statistics (NBS) has said. The NBS in its ‘Nigeria Gross Domestic Product Q1, 2023’ said the finance and insurance sector consists of two subsectors […]
Nigerian Brokers dominate AIBA Exco, as Babajide Olatunde-Agbeja hands over to Shaibu Alli
Kindly leave a comment and share Chuks Udo Okonta The baton of leadership of the African Insurance Brokers Association (AIBA) has been handed over by Chief Babajide Olatunde-Agbeja to Shaibu Alli if KEK Insurance Brokers Ltd of Ghana, while other executive members were also elected to run the affairs of […]
AIO President tasks insurers to help address food security in Africa
Kindly leave a comment and share Insurance industry has an important role to play in addressing food security in Africa and should be seen as an integral part of the agricultural system, President, African Insurance Organisation, Dr. Ben Kajwang, has said. He disclosed this in his opening speech at the […]
Sanlam General Insurance grows profit by 31%, pays N10.5bn claims in 5 years
Kindly leave a comment and share Sanlam General Insurance Nigeria Limited, a member of the largest Insurance group in Africa is committed to providing unparalleled financial confidence to its customers, the last five years has seen Sanlam General Insurance sustain a year-on-year surge in its Gross Premium Written (GPW) amid […]
National Assembly workers exempted from CPS
Kindly leave a comment and share Chuks Udo Okonta Immediate past President, Muhammadu Buhari has assented to the National Assembly Service Pensions Board bill that exempted assembly workers, and others from the mandatory Contributory Pension Scheme (CPS). A Statement by Senator Babajide Omoworare, said in furtherance of the provisions of […]
Inspenonline to unveil insurance industry think-tank research initiative
Kindly leave a comment and share Blessing Okonta Determined to build a knowledge bank for the insurance industry, Inspenonline is set to unveil a think-tank developmental research initiative that would give all stakeholders an opportunity to make positive contributions on how best to grow underwriting operations. The Publisher/Editor Inspenonline, Chuks […]