Kindly leave a comment and share Chuks Udo Okonta Lasaco Assurance Plc, a prominent player in the Nigerian insurance sector, has once again received a reaffirmation of its A(NG) rating and Stable Outlook from Global Credit Rating (GCR), underlining its robust financial position and resilience. This recognition comes at a […]
Insurance
Sacrifice 5 loaves of bread, spend N10,000 to buy N1m life insurance cover
Kindly leave a comment and share Chuks Udo Okonta Do you know that with just N1,000, you can get N100,000 life insurance cover for one year? With just N10,000, you have N1 million insurance cover for a year. The N2,000 you spend on a loaf of bread that is consumed […]
Heirs Insurance Group bags N31.7bn Gross Written Premium in 2023
Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group (HIG), comprising Heirs Life Assurance (HLA) Heirs General Insurance (HGI) and Heirs Insurance Brokers (HIB), bagged N31.7bn Gross Written Premium (GWP) in 2023, a financial performance which highlights the Group’s resilience and operational efficiency. The Group’s General and […]
Federal Polytechnic Offa student Badmus Olaide bags N500,000 as top winner in Consolidated Hallmark Insurance annual essay competition
Kindly leave a comment and share Chuks Udo Okonta A student of Federal Polytechnic, Offa, Kwara State Badmus Waliyat Olaide, has emerged top winner and taking home a sum of N500,000, in the Consolidated Hallmark Insurance Limited Annual Essay Competition. This is even as top three in each internal and […]
NAICOM partners Ministry of Youth Development to train 1 million Nigerians in insurance
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission and the Ministry of Youth Development today Friday October 4, 2024 signed a Memorandum of Understanding to train one million youths in the country in conjunction with the Chartered Insurance Institute of Nigeria. The program tagged “One […]
Legacy issues clog intervention on African Alliance, as annuitants suffer five months without pension payment
Kindly leave a comment and share Chuks Udo Okonta There seem to be disquiet as African Alliance Insurance Plc annuitants have continued to await five months unpaid pension benefits. Investigation by Inspenonline revealed that the National Insurance Commission (NAICOM) is combating with legacy issues within the ailing firm to enable […]
Mutual Benefits sponsor independence golf tournament
Kindly leave a comment and share Chuks Udo Okonta Mutual Benefit Assurance Plc and its subsidiary, Mutual Benefit Life Assurance Limited have expressed delight to lend their support to the 2024 Independence Cup, a golf tournament organised by the IBB International Golf and Country Club, Abuja to celebrate Nigeria’s independence […]
NAICOM names fundamental issues plaguing insurance sector
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has identified lack of public trust; market fragmentation; regulatory reforms; digital transformation and adaptation as fundamental issues plaguing the insurance industry. The Commissioner for Insurance/Chief Executive Officer NAICOM Olusegun Omosehin, disclosed this in a keynote address […]
CIIN-ORC 2024 workshop holds tomorrow October 3, 2024 in Lagos
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) Offices Representatives Committee (CIIN-ORC) will tomorrow Thursday, October 3, 2024 hold its 2024 workshop which focuses on benefits of Artificial Intelligence (AI) to the insurance industry. The event themed: ‘AI & The Future of […]
Guinea Insurance appoints Mrs. Ogonna Offor-Orabueze, Mrs. Chioma Okigbo as directors
Kindly leave a comment and share Guinea Insurance Plc said the National Insurance Commission (NAICOM) has granted a No-Objection for the appointment of two new Directors to its Board. According to the firm, Mrs. Ogonna Offor-Orabueze has been appointed as Executive Director, Technical, effective August 1, 2024. Mrs. Offor-Orabueze brings […]