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Insurance

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 […]

Insurance

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 […]

Insurance

Sanlam General gets NAICOM approval to underwrite agric risks

Kindly leave a comment and share Blessing Ogbebor Sanlam General Insurance Nigeria Limited, has secured approval from the National Insurance Commission (NAICOM) to underwrite agricultural risks. The Managing Director of the company, Bode Opadokun, speaking during the launch of the scheme, said that NAICOM’s approval to underwrite agricultural insurance would […]

Insurance

IMT 2022: Insurers tech experts advocate partnerships to deepen underwriting penetration through insurtech

Kindly leave a comment and share Senior Raphael Stakeholders in the insurance and technology sectors have called for partnerships, collaborations, and technology adoption as expedited strategies for Nigeria’s insurance penetration at the Insurance Meets Tech (IMT) inaugural edition conference. This landmark multi-industry discourse, convened by Modion Communications on Thursday, September […]

Insurance

Insurance assets soar to N2.3tn in Q2 2022

*Insurers pay N174.8 billion Q2 2022 Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said the insurance industry recorded total asset of about N2.3 trillion in the second quarter of 2022. NAICOM stated this in publication entitled: Bulletin of the Insurance Market Performance : […]

Insurance

Insurance Brokers rekindle confidence in Staco Insurance

Kindly leave a comment and share Senior Raphael Insurance Brokers have joined several other strategic stakeholders and clients to give their renewed confidence to the capability of the newly revived Staco Insurance Plc to give excellent insurance services in the country. Speaking at the October 2022 edition of the Annual […]