By MEIR team Nigeria ranks fifth among nine insurance markets in Africa in terms of premiums in 2020 but came in last in terms of insurance penetration, according to the latest sigma report from Swiss Re. The countries are: Egypt; Algeria; Morocco; Tunisia; Ghana; Ivory Coast; Kenya; Nigeria and South […]
Spotlight
WAICA Re pays $30.5m claims in 2020
Leave a comment and share Chuks Udo Okonta The West African Reinsurance Corporation (WAICA Re) incurred a net claims of $30.5 million in its 2020 financial year, which translated to 63 per cent increase from the $18.7 million it recorded in 2019. The claims were incurred across most of the […]
Tricycle Riders in Umuahia, Aba endorse Universal Insurance Keke Pass
Leave a comment and share Chuks Udo Okonta Tricycle riders under the agies of Tricycle Owners Association of Nigeria (TOAN) and Aba Tricycle Riders Integrated Welfare Association (ATRIWA) has praised the unveiling of Keke Pass in Umuahia and Aba by Universal Insurance Plc. Speaking at the launch, the Chairman, Aba Tricycle […]
CHI Plc is committed to grooming talents for the Insurance Industry – Efekoha
Leave a comment and share Chuks Udo Okonta Consolidated Hallmark Insurance (CHI) Plc has affirmed the commitment of the company towards the grooming of talents for the insurance industry through its Annual Essay Awards for Tertiary Institutions. The Group Managing Director of Consolidated Hallmark Insurance Plc, Eddie Efekoha, said this […]
Sovereign Trust Insurance wins CITN award
Managing Director Sovereign Trust Insurance Olaotan, Soyinka Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc was recently presented with an Award by the Chartered Institute of Taxation of Nigeria, (CITN). The Award is in recognition of the company’s position as a key player in the Insurance […]
African Alliance Insurance to host NCRIB Abuja Area Committee
Joyce Ojemudia Leave a comment and share Chuks Udo Okonta Foremost Life Insurer, African Alliance Insurance has announced plans to host the Abuja Area Committee of the Nigerian Council of Registered Insurance Brokers (NCRIB). A statement by the firm’s Brand, Media and Communications Manager, Bankole Banjo, said the meeting will […]
Oyegunle presents scorecard at CIIN 50th annual general meeting
Leave a comment and share Chuks Udo Okonta Having successfully steered the affairs of the Chartered Insurance Institute of Nigeria (CIIN) for one year, Sir. Muftau Oyegunle, has presented his achievements to members of the institute. He did the presentation at the institute’s 50th Annual General Meeting (AGM) today in […]
Photos: Faces at NAIPCO courtesy visit to Mutual Benefits Assurance
Mutual Benefits is fully committed to deepening retail business – Asenuga
Leave a comment and share Chuks Udo Okonta The management of Mutual Benefits Assurance Plc, has reiterated its commitment to further deepening retail insurance business in the country having occupied the lead position over the years. The Managing Director/Chief Executive Officer of the foremost underwriting firm, Femi Asenuga, disclosed this […]
AIICO partners ActionAid to end infant homicide in Nigeria
From left: Segun Olalandu (Head, Strategic Marketing & Communication, AIICO; Kemi Akinremi-Segun (Sponsorship Communications Advisor, ActionAid Nigeria; Ene Obi (Country Director, ActionAid Nigeria; Abimbola Shobanjo (Head, Corporate Responsibility & Sustainability, AIICO; Titilola Okunlola (Head, Technical – Retail Business Division, AIICO; Olusanjo Shodimu (Divisional Head, Shared Services, AIICO; Anawiyat Yakubu (Fundraising […]
