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Insurance

Bill bars insurers from granting illegal discounts, rebates

• Continuous violations constitute a ground for cancellation of licence of insurance operators Leave a comment and share Chuks Udo Okonta The Insurance Industry Consolidated Bill, has barred insurance companies from granting any discount or rebate in the approved rate of premium in respect of insurance made compulsory by law […]

Insurance

SUNU Assurances celebrates women for setting new records

Female staff of SUNU Assurances during the celebration of the event in in Lagos. Leave a comment and share Chuks Udo Okonta To observe International Women’s Day, Insurance giant, SUNU Assurances Plc is celebrating achievements and acknowledging the increasing visibility of women in every sphere of the company’s operations. The […]

Insurance

STI boss celebrates women, calls them iconic

Soyinka Leave a comment and share Chuks Udo Okonta As the world gets set to celebrate the International Women’s Day on March 8, 2021, the Managing Director and Chief Executive Officer of Sovereign Trust Insurance Plc, Olaotan Soyinka, has described the Female employees of the Underwriting Firm as very iconic […]

Insurance

Continental Re. appoints new Group Managing Director

Mutsunge Leave a comment and share Chuks Udo Okonta Dr. Femi Oyetunji retires March 31, 2021 Lawrence Nazare appointed GMD, effective April 1, 2021 The Board of Continental Reinsurance Plc is pleased to announce Mr Lawrence Mutsunge Nazare’s appointment as the Group Managing Director of the Company, effective April 1, […]

Insurance

Enterprise Life Nigeria commences operations

Leave a comment and share Enterprise Life, Nigeria, a subsidiary of Enterprise Group PLC, has now opened its doors to the Nigerian public for business. It will be recalled that the Company was granted its operating license from the Nigerian National Insurance Commission (NAICOM) in November 2020, after meeting all […]

Insurance

NCRIB names Tope Adaramola Executive Secretary

Adaramola Leave a comment and share Chuks Udo Okonta The Governing Board of the Nigerian Council of Registered Insurance Brokers (NCRIB) has endorsed the appointment of Tope Adaramola as the Executive Secretary/Chief Executive Officer of the Council. He is expected to take over from Mr. Fatai Adegbenro, who retires from […]