Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has confirmed the appointment of Dr. Joyce Odiachi as the Group Head Technical & Operations of Cornerstone Insurance Plc. Dr. Joyce Odiachi is a seasoned insurance practitioner of over 22 years experience with proven expertise in […]
Insurance
Expert implores insurance practitioners to show friendliness in time of claims
Kindly leave a comment and share An actuary has said the most impactful period for the insurance industry to show friendliness is at the time of a claim when the customer is in stress and in grief, facing a loss situation. The former Ekiti State Young Progressive Party Guber candidate/Consulting […]
Insurance customers only get 24% benefits from premium – Expert
Kindly leave a comment and share Chuks Udo Okonta For every N100 of premium collected from insurance customers in Nigeria, the industry gives back only N24 in customer benefits, former Ekiti State Young Progressive Party Guber candidate/Consulting Actuary, Prince Debo Ajayi, has said. He said this while speaking on a […]
Photos: Linkage Assurance staffer Coker Faidat emerges CIIN Ambassador
Insurers reap N83.67bn premium from annuity in 2022
Kindly leave a comment and share Chuks Udo Okonta Annuity business contributed gross premium income of N83.67 billion, which is 26.9 per cent of N309.9 billion generated from life underwriting in 2022, National Insurance Commission (NAICOM) has said. NAICOM stated this in Bulletin of the Insurance Market performance for fourth […]
Efekoha’s WAICA Presidency: Icing on a flourishing insurance career
Kindly leave a comment and share Tope Adaramola In the words of Kenneth D. Mclroy in his stimulating book The Pragmatic Leader “The key to moving yourself off starters block is to decide to take action to continually improve yourself, establish new goals in life and continue to act on […]
Thomas, Omosehin, Osijo bag ILAN’s honorary fellowship award
Kindly leave a comment and share Chuks Udo Okonta The Institute of Loss Adjusters of Nigeria (ILAN) has conferred honorary fellowship award on Commissioner for Insurance Sunday Thomas; Chairman, Nigerian Insurers Association (NIA) and past/first lady President, Nigerian Council of Registered Insurance Brokers (NCRIB) Mrs. Laide Osijo. The conferment was […]
Insurance industry generates N726.2bn gross premium in 2022
Kindly leave a comment and share Chuks Udo Okonta Insurance industry generated about N726.2 billion gross premium income in 2022, the National Insurance Commission (NAICOM) has said. NAICOM stated this in Bulletin of the Insurance Market performance for fourth quarter of 2022, adding that the industry also paid N318.2 billion […]
Friendliness ‘ll enhance reputation, image of insurance industry – Expert
Kindly leave a comment and share Chuks Udo Okonta Friendliness will enhance the reputation and image of insurance industry to be at par with banking industry and attract respect of all stakeholders, former Commissioner for Trade, Investment and Innovations, Ekiti State, Prince Debo Ajayi, has said. He said this at […]
Shareholders commend NAICOM for International Energy Insurance restoration, frown at liquidation of firms
[/caption] Kindly leave a comment and share Chuks Udo Okonta Shareholders have commended the National Insurance Commission (NAICOM) for its role that saw to revival of International Energy Insurance (IEI) Plc. The National Coordinator, Independent Shareholders Association of Nigeria (ISAN) Moses Igbrude, said this when the leadership of Insurance and […]
