insurance and pension news
Friday, January 10, 2025
* Seeks resubmission of unregistered applications on new portal Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said a new licensing portal for registration and renewal of the licences of insurance Agents has been developed. NAICOM said the new Portal would ease, fast […]
Kindly leave a comment and share Chuks Udo Okonta with agency report The Chairman of Nigerian Insurers Association (NIA) Kunle Ahmed, has said Nigeria’s current capital requirements were relatively competitive within Africa, but the market size in other countries far surpasses it. He disclosed this at the recently public hearing […]
Kindly leave a comment and share Chuks Udo Okonta Insurance operators under their umbrella body – Nigerian Insurers Association (NIA) have opposed the minimum capital base of N25 billion for non-life insurance business; life business N15 billion and reinsurance N45 billion, proposed in the Reform Insurance Bill, Inspenonline can report. […]
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a leading insurer in Nigeria, has continued its strong growth trajectory as it declared a profit after tax of N12 billion for the financial year ended December 31, 2023, up from the N5.2 billion it posted during the […]
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance Company Limited has proudly maintained its position as the industry leader in claims payments for the eighth consecutive year, by disbursing an impressive N67.1 billion in claims in 2023, a significant increase from the N57.5 billion paid in 2022. […]
Kindly leave a comment and share Chuks Udo Okonta Rob Rose, former editor of South Africa’s Financial Mail, was last night named the Sanlam Financial Journalist of the Year for 2023. Rose was recognised by the independent panel of judges, responsible for reviewing the competition’s entries, for qualities including his […]
Kindly leave a comment and share Chuks Udo Okonta Continental Reinsurance Plc said it recorded N112.46 billion as reinsurance revenue in year 2023 as against N86.36 billion in 2022, a 30 per cent rise. The frontline reinsurance firm showcased substantial growth and strong performance across various metrics. Group Financial Performance […]
Kindly leave a comment and share Chuks Udo Okonta Sanlam and Allianz today announced the launch of their joint venture brand, SanlamAllianz, in Ghana. A statement by the Sanlam Group Communications Allim Milazi, said this follows the regulatory approvals the Sanlam and Allianz businesses in Ghana obtained recently to merge […]
Kindly leave a comment and share Chuks Udo Okonta Any hospital known to have treated any person involved in any motor accident by an uninsured vehicle or unidentified driver should be compensated, provided such hospital expenses shall not exceed the sum of ₦2,000,000.00 for any person treated and this may […]
Kindly leave a comment and share The Managing Director/CEO, Anchor Insurance Company Limited Ebose Augustine Osegha, today graduated with a Doctor of Philosophy in Entrepreneurship from Babcock University, Ilishan, Ogun State. Dignitaries at the event.
