Kindly leave a comment and share Chuks Udo Okonta A Life Insurance Company shall not be permitted to underwrite a new policy until it produces satisfactory evidence of having corrected negative cash flow positions or injected the required mismatch capital, National Insurance Commission (NAICOM) has warned. NAICOM disclosed in its […]
Spotlight
NCRIB canvasses stakeholders’ engagement to tackle flood malaise
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has canvassed convocation of stakeholders’ engagement on tackle the perennial flood malaise. The President of NCRIB, Rotimi Edu, said this today at the October edition of Brokers Members’ Evening in Lagos, adding that […]
Leadway’s CEO cautions businesses, governments on alarming rise in cybersecurity breaches
Kindly leave a comment and share The Managing Director/Chief Executive Officer, Leadway Assurance, Tunde Hassan-Odukale, has cautioned businesses and corporates of the overwhelming rise in cybersecurity risks and crucial steps to mitigate these unprecedented attacks. A recent report by Kaspersky, a multinational cybersecurity and digital privacy company, revealed that the […]
Allianz Nigeria pays skit maker Oga Sabinus’ N35.11m claim to replace crashed Benz SUV
Leave a comment and share Chuks Udo Okonta Allianz Nigeria said it recently settled the insurance claim worths N35,114,625.00 of award-winning skit maker and public figure, Emmanuel Chukwuemeka Ejekiru, more popularly known by his stage name, Oga Sabinus. He was in the news a few weeks ago when his new […]
IFC commits $970.000 to agriculture insurance development in Nigeria
Leave a comment and share Chuks Udo Okonta The International Finance Corporation (IFC), World Bank Group has earmarked $970.000 for the development of agriculture insurance in Nigeria. This was revealed in a document obtained from IFC Project Information and Data Portal. The Corporation stated that an estimated total budget of […]
NAICOM sympathises with flood victims, assures insured of prompt claims payment
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has sympathised with victims of recent flood disaster across the country assuring all those insured against such misfortunes of its commitment towards ensuring prompt settlement of their claims by insurance companies. The Head of Corporate Communications […]
Allianz Nigeria wins HR Best Practice Award
Kindly leave a comment and share Allianz Nigeria has emerged Winner, Insurance Sector of the CIPM HR Best Practice Awards at the CIPM Gala & Awards Night held Thursday. The CIPM 9th HR Oscars™ is a rigorous assessment of organisations across different industries and categories and evaluates whether a company […]
Insurance customers now desire new ways to manage risks – ORC Chairman
Kindly leave a comment and share Chuks Udo Okonta Insurance customers now desire more and new ways of purchasing policies; managing risk including more fit-for-purpose cover and services, Chairman, Chartered Insurance Institute of Nigeria (CIIN) Offices Representatives Committee (ORC) Peter Offiong, has said. He disclosed this on Thursday at the […]
Sanlam Nigeria wins best insurance company award
Kindly leave a comment and share Chuks Udo Okonta Nigeria’s leading life insurer, Sanlam Life Insurance Nigeria Limited has yet again emerged the Best Life Insurance Company in Nigeria, 2022 as announced by World Economic Magazine Awards 2022. A statement obtained on the organisers’ website about the awardees: “The winners […]
Allianz Trade announces CEO leadership change
Kindly leave a comment and share Allianz Trade, the world leader in trade credit insurance, announces today that Aylin Somersan Coqui, currently Group Chief Risk Officer of Allianz SE, will become CEO and Chairperson of the Board of Management of Allianz Trade. This change is subject to regulatory approval, and […]