Participants at the event • inducts eight new fellows Leave a comment and share Risk management professionals under the aegis of Risk Managers Society of Nigeria (RIMSON) have risen from the Society’s 2020 National Risk Management Conference listing resolutions geared at harnessing both individual and collective strategies for tackling emerging […]
Spotlight
SUNU Assurances sails through first phase of recapitalisation hurdles
From left: Akeem Adamson, Chief Finance Officer, SUNU Assurances Nigeria Plc; Japari Yusuf, Head, Human Resources; Adeleke Emmanuel Hassan, Executive Director, Technical & Operation; Samuel Oghenebrume Ogbodu, Managing Director/CEO; Elie Ogounigni, Head, Risk & Financial Control; and Robert Ewuzie, Head, Business Development, during the CEO press briefing on the company’s […]
Law Union & Rock projects 40% business growth in 2021
Adeduro Leave a comment and share Chuks Udo Okonta Law Union and Rock Insurance Plc has projected about 40 per cent trade growth in 2021 going by the wealth of business acquisition of its new owner, Verod Capital Management. The underwriter which has remained excited since the coming of its […]
COVID-19: Insurers yet to receive claims report on N11bn cover for frontline health workers
Leave a comment and share Chuks Udo Okonta Life insurance firms selected to provide cover for health workers accredited by the Government in the fight against COVID-19 pandemic, are yet to receive any claims report, Inspenonline can report. The insurance sector collectively and individually, amongst other numerous palliatives supported the […]
Insurers moving beyond claims settlements amid COVID-19
A member of staff of AIICO Insurance Plc, presenting COVID-19 Palliatives to a beneficiary in Lagos. The belief that insurance operators are conservative and not giving much back to the society has been deflated by the role played by the insurance industry amidst COVID-19 Pandemic. Chuks Udo Okonta, in this […]
PenCom, AIICO Insurance spokespersons win NAIPCO awards
From left: Former President, National Association of Insurance and Pension Correspondents, Kelvil Egerue, presenting NAIPCO Corporate Communications Managers of the year 2020 award (regulator) to Senior Manager, South West Zonal Office, National Pension Commission, Lanre Ogedegbe, who represented the winner, Head, Corporate Communications, PenCom, Peter Aghahowa and Senior Manager, South […]
AIICO gets shareholders’ approval to increase authorized share capital to N20bn
From left: Ademola Adebise (Non-Executive Director); Babatunde Fajemirokun (MD/CEO); Donald Kanu (Company Secretary) and Adewale Kadri (Executive Director, Technical & Head, Corporate Business) St the event. Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc today at its 50th Annual General Meeting (AGM) received Shareholders’ approval to increase […]
AM Best Maintains Global Reinsurance Market Outlook at Stable
Leave a comment and share AM Best has maintained its market segment outlook on the global reinsurance industry at stable for 2021, citing factors that include positive pricing momentum, combined with tighter terms and conditions, offset somewhat by uncertainty with regard to claims reserve development associated with previous years’ property […]
Coronation Insurance seals bancasurance deal with Access Bank
Managing Director, Coronation Insurance Plc, Mrs. Yinka Adekoya Leave a comment and share Chuks Udo Okonta Coronation Insurance Plc., formerly Wapic Insurance, has sealed a bancasurance deal with Access Bank Plc, a process that would enable the underwriting firm sell its policies through the bank’s branches. The Chairman, Coronation Insurance […]
Mutual Benefits Assurance gets shareholders’ nod to shop N4.8bn via private placement
Leave a comment and share Chuks Udo Okonta Mutual Benefits Assurance Plc sailing on shareholders’ endorsement is set to advanced its recapitalisation efforts in compliance with the regulatory requirement set for underwriting companies in the industry. The underwriter is embarking on a private placement to raise additional N4.8 billion, from […]