* Pays 30kobo dividend Kindly leave a comment and share Chuks Udo Okonta NEM Insurance Plc has said that as part of its strategy for expansion, it plans to have a viable life company stands. The Chairman NEM Insurance Plc, Dr. Fidelis Ayebae, disclosed this at the 53rd Annual General […]
Insurance
NEM Insurance wipes policyholders tears with N12.3bn claims payment
Kindly leave a comment and share Chuks Udo Okonta Many insurance policyholders, who suffered losses last year, were comforted as NEM Insurance Plc, wiped their tears with N12.3 billion claims payment. Chairman Board, NEM Insurance Plc, Dr. Fidelis Ayebae, disclosed this at the 53rd Annual General Meeting (AGM) of the […]
Call for declaration of state of emergency on Nigerian insurance industry
Kindly leave a comment and share Paschal Emeka Egerue FIIN, FCIB. The commendable role of National Insurance Commission (NAICOM) in Market Development and Restructuring Initiatives (MDRI) will always be applauded. NAICOM’S further steps in the digitisation of interface with key market stakeholders and making critical returns and responses seamless online […]
Anxiety as stakeholders await presidential verdict on Consolidated Insurance Bill
As the clock ticks for President Muhammadu Buhari to leave office, on May 29, 2023, stakeholders in the insurance industry seemed to be sitting on the edges of their seats, while awaiting what becomes of the Consolidated Insurance Bill 2020, which was conceived to transform underwriting practice in Nigeria. Chuks […]
Sovereign Trust Insurance records N15.2bn gross premium written in 2022
Kindly leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc, (the Company) recently released its 2022 audited financials to the general public having gotten the requisite approval from the Industry’s Regulatory Authority, National Insurance Commission, NAICOM. A statement by the firm’s Deputy General Manager/Head, Corporate Communications & […]
CIIN releases 2023 April diet examination results
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has released results of 2023 April diet examination results. The General-Director of CIIN, Mrs. Abimbola Tiamiyu, disclosed this in a statement, she on behalf of the President/Chairman of Council of the Institute, Edwin Igbiti, […]
Heirs Life CEO, Onifade, calls on retirees to adopt annuity as retirement income
Kindly leave a comment and share At the Retirement Readiness Workshop organised by the Nigerian Insurers Association (NIA) yesterday in Lagos, Managing Director/CEO, Heirs Life Assurance (HLA) Niyi Onifade, charged employees of the Lagos State Government to adopt Annuity Plans as a pension-regulated option that pays a stream of regular […]
Stanbic IBTC Bank empowers women entrepreneurs
Kindly leave a comment and share Chuks Udo Okonta To empower women entrepreneurs and executives in Nigeria, Stanbic IBTC Bank has announced highly discounted fees on all its services for women on their Blue Blossom Community platform. The platform offers women financial solutions and provides them access to loans, investment […]
Thomas bags College of Insurance Supervisors of West African Monetary Zone award
Kindly leave a comment and share Chuks Udo Okonta Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Nigeria Sunday Thomas, has received an award from the College of Insurance Supervisors of West African Monetary Zone (CISWAMZ). The award was presented to him at the ongoing […]
Insurers decry exclusion of consolidated insurance bill for presidential assent
Kindly leave a comment and share Chuks Udo Okonta Fellows in the insurance industry have decried the exclusion of consolidated insurance bill amongst the 15 passed to President Muhammadu Buhari for an assent before leaving office. Chairman of Session, Chartered Insurance Institute of Nigeria (CIIN) Year 2023 Fellows’ Event, Dan […]