insurance and pension news
Wednesday, January 15, 2025
Kindly leave a comment and share Chuks Udo Okonta The Independent Shareholders Association of Nigeria (ISAN) and Nigerian Council of Registered Insurance Brokers (NCRIB) have commended National Insurance Commission (NAICOM) for its efforts in ensuring that insurance companies begin publications of outstanding claims in national newspapers. The National Coordinator, Independent […]
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and insurance operators today unanimously agreed to begin publication of outstanding claims in Nigerian Newspapers, whilst calling on policyholders to present their claims for settlement. The Head, Corporate Communications and Market Development, NAICOM, ‘Rasaaq, Salami, who […]
Kindly leave a comment and share Chuks Udo Okonta Bus54, the leading online bus booking platform in Nigeria, has announced a new partnership with Cornerstone Insurance Plc, a major insurance company in Nigeria. Under the terms of the agreement, passengers booking on Bus54 platform will be covered by travel insurance […]
*Settled 92.3 per cent reported motor claims Kindly leave a comment and share Chuks Udo Okonta At a time Nigerians, especially traders and shop owners are being implored to take fire insurance policy in securing their wares and properties, available data has revealed that only 46.3 per cent of reported […]
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Operators Association of Nigeria (PenOp) has engaged three service providers – Leadway Assurance Company; Tangerine Life Insurance and AXA Mansard Health Insurance to provide health insurance cover to Micro Pension (MP) contributors, Inspenonline can report. The provision of health […]
Kindly leave a comment and share Chuks Udo Okonta Insurers, brokers and other stakeholders are pouring encomium on Leadway Assurance Limited on its N104.4 billion premium income generated in 2022. Leadway Assurance set a record in the Nigeria’s insurance market by becoming the first company to cross 3-digit billion mark […]
Kindly leave a comment and share Chuks Udo Okonta Shareholders have expressed their desire for dividends from the increase in motor insurance premium. The National Insurance Commission (NAICOM) had on January 1, this year mandated insurers to sell third party policy for N15,000 as against N5,000 and comprehensive policy for […]
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance Limited has set a record as it became the first Nigerian company to cross 3-digit billion mark with total premium collection of N104.4 billion in 2022, of which Gross Written Premium GWP) is N92.5 billion, Savings & Investment is […]
Kindly leave a comment and share Chuks Udo Okonta Most insurers in Nigeria see actuaries mostly in the context of regulatory compliance and rarely for business development and management, former Ekiti State Young Progressive Party Guber candidate/Consulting Actuary, Prince Debo Ajayi, has posited. He said this at an event in […]
* Promote hybrid third party policy Kindly leave a comment and share Chuks Udo Okonta Three months into the implementation of new motor insurance premium, many companies underwriting motor business have resorted to installment to enable them keep their policyholders amid the increase of vehicle insurance premium. The National Insurance […]
