Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is profiling insurance companies with huge unsettled claims for necessary regulatory action, the Commissioner for Insurance, Sunday Thomas, has said. He said this today at the 2020 insurance directors’ conference, organised by NAICOM and the College […]
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New regulations to spur growth of life insurance in UAE
Leave a comment and share New regulations passed by the Insurance Authority last month are expected to increase life insurance coverage in the UAE, which currently has very low take-up rates, industry stakeholders say. “Life insurance penetration is very low in the UAE. In 2018, it was 0.67 per cent. […]
Insurance, pension sectors need investment professionals, robust data to thrive – Experts
From left: Nona Awoh, notable financial analyst/Resource person; Chuks Okonta, Chairman, National Association of Insurance and Pension Correspondents (NAIPCO), and Lekan Otufodunrin, Executive Director, Media Career Development Network/resource person, during the NAIPCO training workshop at NCRIB building in Lagos. Leave a comment and share Chuks Udo Okonta Proper Investment plan, […]
Lloyd’s of London sees global pandemic insurance losses exceed $107bn
Leave a comment and share Global insurance losses from the COVID-19 pandemic will be higher this year than the $107 billion Lloyd’s of London had previously estimated, its Chairman Bruce Carnegie-Brown said on Wednesday. Carnegie-Brown told the Reuters Events Future of Insurance USA conference that pandemic-induced losses will be on […]
South Africa’s Santam to appeal coronavirus insurance court ruling
South African insurer Santam said on Friday it will appeal a court ruling that found it liable to pay a client’s claim related to the impact of a coronavirus lockdown, which it had rejected. “Santam believes that the high court erred in its judgment… and it is therefore important to […]
AIICO Insurance backs NAIPCO’s developmental trainings
Members of National Association of Insurance Pension Correspondents with Emmanuel Otitolaiye, Chief Financial Officer, Linkage Assurance Plc; Lekan Otufodunrin, Executive Director, Media Career Development Network/resource person, and Segun Olalandu, Head, Strategic Marketing & Communications, AIICO Insurance Plc at the event. Leave a comment and share Chuks Udo Okonta AIICO Insurance […]
Linkage Assurance soars over 50% recapitalisation threshold
From right: Emmanuel Otitolaiye, Chief Financial Officer, Linkage Assurance Plc, addressing participants during the National Association of Insurance and Pension Correspondents (NAIPCO) training workshop in Lagos. Leave a comment and share Chuks Udo Okonta Linkage Assurance PLC, said it has met the N5 billion minimum capital requirements as mandated in […]
2 Nigerian Journalists emerge 1st and 2nd runner ups in 2019 Sanlam Awards for Excellence in Financial Journalism
Claire Bisseker (centre) Sanlam journalist of the year 2019 Leave a comment and share Chuks Udo Okonta Sanlam Group, owners of FBNInsurance Limited recently held its 2019 Sanlam Awards for Excellence in Financial Journalism at a socially distanced gala event in South Africa recently. Two Nigerian Journalists from BusinessDay newspapers: […]
Universal Insurance wins innovative company of the decade award
Managing Director/CEO, Universal Insurance Plc, Ben Ujoatuonu,receiving the Innovative Insurance Company Of The Decade award from the COO of Marketing Edge, Amos Olaoye recently while Barr. Chinedu Onyilimba, the Company Secretary, Universal Insurance Plc is beaming with smile. From left, Sam Ndubuisi (CFO), Pastor Tunji Oyebayo (Head, Marketing), Mr. Paulinus […]
AfriGlobal Insurance Brokers unveils InsurTech Digital Platform “ AfriCover24/7”
Azubuike Leave a comment and share Chuks Udo Okonta AfriGlobal Insurance Brokers Limited, one of the leading broking firms in the country has launched its InsurTech Digital Platform “ AfriCover24/7” a round the clock digital Insurance transaction platform conceived to bring insurance practice closer to the people. AfriCover24/7 InsurTech Digital […]
