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 […]
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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 […]
$590m agriculture insurance business untapped in Nigeria – Africa Re
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 […]
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 […]
