Kindly leave a comment and share Chuks Udo Okonta Staco Insurance Plc, has appointed Wale Banmore as its Managing Director/Chief Executive Officer, following the approval by the National Insurance Commission (NAICOM) His appointment with two other board members came after the take over of the firm’s board by a new […]
Spotlight
Linkage Assurance records N8.303bn gross premium written half year 2022
Kindly leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has beaten all odds to return strong profitability in half year 2022 despite the challenging business environment. The company in a statement to the Nigerian Stock Exchange and shareholders on the unaudited result for the second quarter ended […]
Insurance, Pension Journalist escapes death from motor accident
Kindly leave a comment and share The Insurance and Pension Editor of NewsPage Media, Sola Alabadan, escaped death by whiskers at the weekend while travelling from Lagos to Ekiti State, as a Toyota Sienna vehicle with Registration number GGE970GB, suddenly hit his car from the back and pushed him under […]
95% of insurers upload data on NAICOM portal within one month
Kindly leave a comment and share Chuks Udo Okonta Presently, 95 per cent of insurance operators upload their data on National Insurance Commission (NAICOM) portal within one month, Inspenonline can report. Deputy Commissioner Technical, NAICOM, Sabiu Abubakar, disclosed this at an event in Lagos, adding that the commission is optimistic […]
Insurance broker pays $900 claims for underwriter
Kindly leave a comment and share Chuks Udo Okonta An insurance broker has narated how his company paid $900 claims on behalf of an underwriting firm which failed to honour its responsibility. The broker implored insurance companies to do more to change the mindset of the populace on insurance from […]
Insurers pay about 81.4% of claims reported in Q1 2022 – NAICOM
Kindly leave a comment and share Chuks Udo Okonta Insurance companies paid about 81.4 per cent of all claims reported during the first quarter of this year, the National Insurance Commission (NAICOM), has said. The Deputy Commissioner, Technical, NAICOM, Sabiu Abubakar, disclosed this at an event organised recently by the […]
Old Mutual Nigeria launches bespoke digital platform to deepen insurance access for brokers
Kindly leave a comment and share Chuks Udo Okonta As part of its commitment to enabling Nigerians with ease of access to insurance products, the Nigerian subsidiary of pan-African insurance firm and leading global financial services provider, Old Mutual Limited (OML), today launched a bespoke online platform for brokers, one […]
Anchor, Sovereign Trust, Universal to sponsor NAIPCO new exco inauguration
Kindly leave a comment and share Anchor Insurance Company Limited, Sovereign Trust Insurance Plc, and Universal Insurance Plc are set to sponsor the inauguration of the newly elected executive members of the National Association of Insurance and Pension Correspondents, (NAIPCO). The inauguration which comes up on 25th of August, 2022 […]
Consolidated Hallmark Insurance rewards six winners of essay competition
Kindly leave a comment and share Chuks Udo Okonta Committed to ehancing insurance education and awareness, through Corporate Social Responsibility (CSR), Consolidated Hallmark Insurance (CHI) Plc, has rewarded six winners of its 2021 Annual National Essay Competition. The winners, emerged in the 11th edition of the competition which started in […]
Insurers get N524.55bn premium from annuitants
Kindly leave a comment and share Chuks Udo Okonta The total premium transferred to insurance companies from inception of the Contributory Pension Scheme (CPS) to December 31, 2021 stood at N524.55 billion, National Pension Commission (PenCom), has said. PenCom said this in its 2021 annual report, adding that in 2021, […]
