Kindly leave a comment and share Chuks Udo Okonta Africa Reinsurance Corporation (Africa Re.) has said owing to the richness of farming in Nigeria, it is projected that the market has a potential to generate at least USD 600 million worth of agriculture insurance premium in a year, against the […]
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NAICOM’s interventions push payment of reported claims to 84.8%
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said its intensified regulatory activities pushed the settlement of reported claims to 84.8 per cent in the second quarter of this year. NAICOM stated this in a document made available to Inspenonline, adding that the […]
NSIA Insurance drives growth with outdoor campaign
Kindly leave a comment and share Senior Raphael NSIA Insurance Limited is projecting its brand through the launch of an out-of-home campaign which started in September 2022. The underwriting firm noted that the campaign touches a broad spectrum of potential clients, reveals how it conducts business, and restates the brand […]
NIA plans grand investiture ceremony for Omosehin
Kindly leave a comment and share Chuks Udo Okonta The investiture ceremony in honour of Olusegun Omosehin as the 25th Chairman of the Nigerian Insurers Association (NIA) will hold on Thursday, November 3, 2022, starting by 3:00 PM at the Grand Ball Room, Oriental Hotel, Lekki, Lagos. A statement by […]
Uncertainties drive more Nigerians to insure their lives
Kindly leave a comment and share Chuks Udo Okonta The high rate of uncertainties in the country is moving more Nigerians to embrace life insurance in securing their lives. This was revealed in a document recently released by the National Insurance Commission (NAICOM), which stated that individual life insurance policy […]
Japa syndrome hits insurance sector amid dearth of professionals
o Kindly leave a comment and share Chuks Udo Okonta The wave of migration sweeping round the country, known as Japa syndrome is hitting the insurance industry hard, even at a time the sector is contending with challenge of dearth of professionals to occupy top management positions. Investigations conducted by […]
Shareholders laud Universal Insurance over N3.5bn gross premium written
Kindly leave a comment and share Shareholders of Universal Insurance Plc on Thursday applauded the insurer for its strong financial performance in 2021 despite the difficult operating business environment globally. Speaking on behalf of shareholders, at the insurer’s 52nd Annual General Meeting (AGM) held at Radisson Hotel, Ikeja on Thursday, October […]
Heirs Insurance bags most outstanding female-centric insurance product of the Year award
Kindly leave a comment and share Blessing Ogbebor Heirs Insurance Limited (HIL), has bagged the award for the most outstanding female-centric insurance product of the year for its inclusive ‘Her Motor insurance’ plan for women. Presented at the 2022 edition of the Women in Marketing and Communications Conference and Awards […]
NCRIB underscores values of insurance in national security
Kindly leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has said insurance and national security affect each other as risks exposure which insurance exists to succuor would not be rife in an environment challenged by insecurity. President of NCRIB, Rotimi Edu, said […]
Insurers prepare for multi-billion Naira flood claims
Kindly leave a comment and share Chuks Udo Okonta With over 500 persons died, 45,249 houses totally destroyed and 70,566 hectares of farmlands damaged, insurance companies are in for large claims settlement to policyholders that are affected by the flood ravaging parts of the country. Investigations conducted by Inspenonline revealed […]
