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 […]
Insurance
Czar recommends joint chartered exam for insurance practitioners in West Africa
Kindly leave a comment and share Chuks udo Okonta Former Chairman of Nigerian Insurers Association (NIA) and Presiden, Chartered Insurance Institute of Nigeria (CiIN) Olusola Ladipo-Ajayi, has recommended a joint Chartered Insurance Professional Examinations for insurance practitioners in West Africa subregion. He said this at the just concluded West African […]
KBL Insurance bags ISO 9001: 2015 certification
Kindly leave a comment and share Chuks Udo Okonta KBL Insurance Limited, a leading provider of general insurance solutions in Nigeria, is proud to announce it has been rated ISO 9001:2015 certified. This internationally recognised certification is a testament to KBL Insurance’s commitment to providing high-quality services, and products to […]
Efekoha unveils vision for WAICA
Kindly leave a comment and share Chuks Udo Okonta The newly elected President of West African Insurance Companies Association (WAICA) Eddie Efekoha, has unveiled his vision aimed at repositioning the association. Efekoha, who unveiled the vision in his acceptance speech as the 40th President of the association noted that he […]
Great Nigeria Insurance parades pocket friendly retail products to mitigate risks
Kindly leave a comment and share Chuks Udo Okonta Great Nigeria Insurance Plc, one of the most efficient underwriting firms in the country, in its bid to deepen insurance penetration has re-launched affordable retail insurance products, which were borne out of the need to assist policyholders even to the grassroots […]
NECA visits NAICOM to canvass sensitisation on enhanced 3rd party motor insurance, group life
Kindly leave a comment and share Chuks Udo Okonta The Nigeria Employers’ Consultative Association (NECA) led by its Director General Adewale Smatt-Oyerinde, yesterday visited the National Insurance Commission (NAICOM) in Abuja. The team was received by the Commissioner for Insurance Sunday Thomas and his management team. The purpose of the […]
NAICOM to drive innovation with release of insurance regulatory sandbox operational guidelines
* Unveils Market Conduct Guidelines for Takaful and Retakaful Insurance Operators •Enterprise Risk Management Framework for Takaful and Retakaful Operators in Nigeria. Kindly leave a comment and share Chuks Udo Okonta To encourage innovation that would drive financial inclusion and positive competition, National Insurance Commission (NAICOM) has released the insurance […]
NAICOM hints shareholders how to prevent companies from collapse
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has charged shareholders of insurance companies to elect competent individuals as board members and engage on regular performance evaluation to save their firms from collapse. Commissioner for Insurance Sunday Thomas, said this when members of Independent […]
NAICOM tasks shareholders to be abreast with IFRS 17 for effective financial analysis
Kindly leave a comment and share Chuks Udo Okonta As stakeholders in the insurance industry await commencement of International Financial Reporting Standard (IFRS) 17, by June 2023, the National Insurance Commission (NAICOM) has tasked shareholders to educate themselves so that they can effectively monitor financial positions of their companies. Commissioner […]
Insurers, brokers retool at BIBA confab in UK
Kindly leave a comment and share Chuks Udo Okonta Over 40 Nigerian Delegates drawn from Insurance Companies and Insurance Brokers under the aegis of the Nigerian Council of Registered Insurance Brokers (NCRIB) attended the 2023 British Insurance Brokers Conference (BIBA), held in Manchester City, United Kingdom to refresh their knowledge. […]