Leave a comment and share Operators in the Nigerian Insurance and pension sectors have been tasked to leverage the opportunities thrown up by the COVID-19 pandemic to grow the sectors and contribute to the National economy. The operators of these two critical sectors are also charged on creativity and innovation […]
Spotlight
NCRIB-LAC empowers brokers for opportunities in marine insurance as COVID-19, technology disrupt market
Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) Lagos Area Committee (LAC) is seeking to maximise opportunities in marine cargo insurance after the disruptions brought by COVID-19 pandemic, digitalisation across sectors of the economy. The brokers believe that equipping its members with […]
CHI Microinsurance takes insurance to 100m grassroots dwellers
Leave a comment and share Chuks Udo Okonta CHI Microinsurance Limited has officially commenced operation with plans to insure about 100 million uninsured grassroots dwellers in the country. Speaking at the launch of the microinsurance firm in Anthony, Lagos, today, the Group Managing Director/CEO, Consolidated Hallmark Insurance(CHI) Plc, Eddie Efekoha, […]
NAICOM eyes Kano as insurance policy hub for northern region
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has requested a befitting office accommodation from Kano State Government that will serve as the insurance policy hub for the Northern Region of the country. The Commissioner for Insurance, Sunday Thomas, made the appeal yesterday in Kano […]
NAICOM assures Kano State of increased IGR via insurance
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has made an appealed to Kano State Government to partner insurance industry to bring all vehicles in the state under insurance cover, so as to boost its Internally Generated Revenue (IGR) and revenue of all stakeholders. The […]
Allianz Africa launches MBA scholarships for African actors in sustainable development
Leave a comment and share Chuks Udo Okonta •Allianz SE launched a scholarship program to benefit its employees and social entrepreneurs. •Partnership with ESMT Berlin – one of the most prestigious schools in Europe as a partner for high level training. •Objective: to bring out leaders recognized by their communities. […]
African insurers agree to leverage technology for integration of rural people
Leave a comment and share Chuks Udo Okonta Managers and executives of insurance, reinsurance firms auspices of the African Insurance Organisation (AIO) as well as relevant stakeholders have agreed to massively deploy technology to insure the uninsured in the grassroots across Africa. Industry operators after due consultations with other stakeholders […]
2021 NAIPCO national conference holds Thursday this week
Leave a comment and share The 2021 Annual Conference of the National Association of Insurance and Pension Correspondents (NAIPCO) is set to hold on Thursday, October 14, 2021 at Oriental Hotel, Lekki Road, Lagos. To this end, Insurance and pension stakeholders will converge at the conference to discuss on ‘COVID-19 […]
NAICOM moves to boost annuity business
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has asked insurance companies to share information on issues they are facing while underwriting annuity so as to deepen the annuity market space in the county and bring more clients to the industry. The Chairperson, Sub – […]
AfricInvest injects N3.6bn in Royal Exchange General Insurance
Leave a comment and share Chuks Udo Okonta Royal Exchange General Insurance Company (“REGIC”) on Wednesday, announced the acquisition of a minority stake worth N3.6 billion in the company by AfricInvest, a leading Pan-African asset management company. The investment was made through its evergreen private equity fund, FIVE, in the […]
