Ogadina Leave a comment and share Chuks Udo Okonta The Guild of Marine Surveyors Nigeria has announced the passing on of its founder and first elected President, Monday Chidi Ogadina, whose transition occured yesterday Friday, June 11, 2021. A statement by the current President and Co-founder of the Guild, Emmanuel […]
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PTAD issues AIICO certificate of non-indebtedness to legacy fund, assets
From Left: Barr. Godwin Iheabunike (The Solicitor to PTAD) Right: Babatunde Fajemirokun (MD/CEO, AIICO Insurance Plc.) Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD), has issued a Certificate of Non-Indebtedness to AIICO Insurance Plc, a move that puts the underwriter in the clear of […]
NAICOM eyes 120m Nigerians for N1.5tn insurance gross written premium
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is targeting 120 million Nigerians of which it hopes to convert 24 million of them to insurance policyholders in its bid to achieve N1.5 trillion gross written premium. The Head, Corporate Communications and Market Development, NAICOM, Salami […]
CIIN launches robust IT portal
Oyegunle Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has commissioned its new Information Technology (IT) portal developed in line with current global practices and positioned for an upscale in service delivery to all stakeholders. According to the CIIN, the software which was […]
Coronation Insurance posts N17.2bn premium income
Managing Director Coronation Insurance, Yinka Adekoya Leave a comment and share Chuks Udo Okonta Coronation Insurance Plc generated a gross premium income of N17.2 billion in 2020 as against N15.8 billion achieved in 2019 financial year. The firm in its consolidated and separate financial statements for the year ended 31 […]
African Alliance wins insurance company of the decade award
Joyce Ojemudia Leave a comment and share Chuks Udo Okonta African Alliance Insurance, has been named the Insurance Company of the Decade (2010 – 2020) at the recently held Champion Awards in Lagos. According to the organisers, Champion Newspapers, the awards is a “high-stake platform designed to celebrate exceptional Nigerians […]
FBNInsurance rewards retail agents
Ojumah Leave a comment and share Chuks Udo Okonta As part of her drive to motivate her retail sales force and in line with her corporate strategy, the Management of FBNInsurance Limited, recently rewarded her outstanding Financial Advisors, Sales Managers, Senior Sales Manager and Area Sales Managers during her 2020 […]
NAICOM to monitor claims payment process via portal
Leave a comment and share Chuks Udo Okonta The era where insurance claims payment processes are done in obscurity by insurers, would soon be over as the portal being developed by the National Insurance Commission (NAICOM) will enable it monitor real time how underwriters process all claims made by policyholders. […]
Lasaco names Razzaq Abiodun new managing director
Abiodun Leave a comment and share Chuks Udo Okonta The Board of Directors of Lasaco Assurance Plc., has appointed Razzaq Abiodun as the new Managing Director/Chief Executive Officer, of the underwriting firm The appointment followed the retirement of the firm’s former managing director, Segun Balogun, who retired from the company […]
NAICOM to reactivate insurers committee
From left: Thomas with other top management of the National Insurance Commission at the event. Leave a comment and share Chuks Udo Okonta The Insurers committee formed to strengthen the relationship between insurance practitioners with the National Insurance commission (NAICOM) which had suffered soon setbacks in recent time, will soon […]