Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) today unveiled the second edition of its insurance textbook for secondary schools and colleges, even as over 12, 000 of the book had been distributed across the six geo-political zones of the country through the […]
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Olugbenga Falekulo is new Managing Director of Nigeria Re
Leave a comment and share Chuks Udo Okonta The reorganisation of the board and executive management of Nigeria Reinsurance in which Olugbenga Falekulo came on board as the new Managing Director, is to ensure that the firms continue in their quest for transparent and accountable management of insurance in the […]
ARIAN general secretary celebrates birthday
Leave a comment and share The General Secretary, Association of Registered Insurance Agents of Nigeria (ARIAN) Itoya Moses Obigho, has expressed gratitude to God for the privilege to celebrate another birthday today, Tuesday, July 28, 2020. Itoya, who his passion for knowledge moved him to the insurance industry, got his […]
Cornerstone Insurance posts N17.53bn gross premium written in 2020
*Pays N3.95bn net claims Leave a comment and share Chuks Udo Okonta Cornerstone Insurance Plc and its subsidiaries (“Cornerstone Group” or “the Group”) in spite the challenging environment, posted a gross premium written of N17.53 billion in 2020, its Chairman, Segun Adebanji, has said. He disclosed this today at the […]
African Alliance deepens retail market, opens new branch in Abeokuta
Leave a comment and share African Alliance Insurance Plc., has announced the opening of a branch office in Abeokuta, Ogun State. Speaking at the tape-cutting event held recently in Abeokuta, the firm’s Managing Director/Chief Executive Officer, Joyce Ojemudia, reiterated the importance of viable retail presence in the sale of life […]
Brokers fully committed to No Premium No Cover rule – NCRIB
President, NCRIB, Dr. (Mrs.) Onigbogi Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has reiterated its members commitments to the insurance sector No Premium No Cover rule. The brokers fraternity said this in a statement by its Public Relationship Manager, Dele Ayeleso, […]
Guild of Marine Surveyors announces burial events for late Ogadina-OGIC
The Guild of Marine Surveyors Nigeria has announced the burial arrangements for its founder and first elected President, Monday Chidi Ogadina, whose transition occured on Friday, June 11, 2021. A statement by the current President and Co-founder of the Guild, Emmanuel Adewale Adetoro, said: “With a heavy heart and Gratitude […]
PTAD pays 18 months pension increment arrears to DBS pensioners
Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has paid an additional 9 months of consequential adjustment arrears occasioned by the new minimum wage increase of 2019 to Civil Service Pension Department Pensioners and 6 months of the same arrears to Parastatals, Police, Customs, […]
Using insurance brokers ‘ll stem allegation of unpaid claims – Onigbogi
Dr. (Mrs) Onigbogi Leave a comment and share Chuks Udo Okonta Until the public understand fully the roles of Insurance Brokers, the allegation of nonpayment of claims and other consequential image challenges in the industry would remain, the President, Nigerian Council of Registered Insurance Brokers (NCRIB) Dr. (Mrs.) Bola Onigbogi, […]
South Africa:Insurance claims for losses from week-long riots estimated at over US$690m to date
Claims for damage and theft from businesses affected by civil unrest in South Africa are likely to be between ZAR7bn ($484m) and ZAR10bn ($692m), reported Reuters quoting the head of the only insurer covering political violence in the country. The riots and looting which started on 9 July and ebbed […]