Ojumah Leave a comment and share Chuks Udo Okonta FBNInsurance has yet again emerged the Best Life Insurance Company in Nigeria, 2020 as announced by World Finance. A statement obtained on the organisers’ website about the awardees: “The winners of this year’s World Finance Insurance Awards are the organisations most […]
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NAICOM pushes for cut in government expenditure via Insurance
Participants at the event Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has implored governments to reduce their expenditures through the provision of insurance for all their risks. The Commissioner for Insurance Sunday Thomas, said this at the sensitization workshop for insurance desk officers of […]
NAICOM woos MDAs on enforcement of compulsory insurances
Participants at the event Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has implored Federal Government’s Ministries, Departments and Agencies (MDAs) to domesticate and help in the enforcement of compulsory insurances. The Commissioner for Insurance, Sunday Thomas, said this at the sensitization workshop for insurance […]
Insurance industry on the hook for millions over grounded Suez Canal cargo ship
Stuck fast: The 1,312 ft long, 224,000 ton Ever Given ran aground at both ends on Tuesday, completely blocking the Suez Canal for the first time Leave a comment and share The insurance industry faces a mammoth bill after a giant cargo ship continued to block the vital Suez Canal. […]
Uptake of agriculture insurance still low in Africa – Allianz Africa
Nixon Kanali The uptake of agriculture insurance is still low in Kenya and other African countries. This revelation was made during a recent webinar on “The Digitization of Agriculture Insurance Through Parametric Solutions” hosted by Allianz Africa in partnership Allianz Re. The slow uptake has been attributed to a lack […]
Great Nigeria Insurance sets for top five position in underwriting business
Mrs. Osipitan Leave a comment and share Chuks Udo Okonta The management of Great Nigeria Insurance Plc has reiterated its commitment to exceptional service delivery to ensure that the organisation achieves its goal of attaining the top five position in the Insurance Industry. While addressing the media at the Head […]
NAICOM eyes erudite scholars in industry for academy
Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said it will soon be requesting for assistance of erudite scholars in the industry to fill the identified Knowledge gaps in the regulatory system, for which an Academy has been established. The Commissioner for Insurance, Sunday […]
AIICO sets new vision, mission, eyes market dominance in Sub-Saharan Africa
Fajemirokun Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc., a leading insurer in Nigeria, has asserted its determination for industry leadership and market dominance through a customer-centric and value-driven approach to business. This corporate aspiration has led to the redefinition of the Company’s vision and mission statements. […]
College of Insurance unveils 1500 seating capacity multipurpose auditorium
Commissioner for Insurance Sunday Thomas, commissioning the auditorium, NAICOM Hall Leave a comment and share Chuks Udo Okonta The College of Insurance and Financial Management (CIFM) today commissioned its 1500 seating capacity multipurpose auditorium located in the College Premises along Lagos/Ibadan Expressway, Asese, Ogun State. The auditorium christened NAICOM Hall […]
NAICOM pegs June 1 for implementation of new corporate governance guidelines
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said the implementation of Insurance industry’s corporate governance guidelines will commence on June 1, 2021. NAICOM in a publication published on its website noted that the guidelines was issued on March 17, 2021 and implored all insurance […]
