Thomas Leave a comment and share Leadership often requires making unpopular decisions, but a skilled leader is also sympathetic to the feelings of others and takes care to avoid unduly upsetting or alienating anyone. Of course, this requires maturity, restraint and the exercise of imagination and good judgement on the […]
Spotlight
Ooni of Ife becomes insurance broking ambassador
From left: Vice President, Nigerian Council of Registered Insurance Brokers (NCRIB) Mr. Tunde Oguntade; President, Dr. (Mrs) Bola Onigbogi; Past President, Mr. Babajide Olatunde-Agbeja; Executive Secretary/CEO, Mr. Fatai Adegbenro and Ooni of Ife, His Imperial Majesty, Oba Adeyeye Ogunwusi during a courtesy visit of NCRIB to Ooni of Ife Palace. […]
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The Management of Inspenonline Limited appreciates God Almighty and all those who supported us in the year 2019. Our thanks go to, the Chartered Insurance Institute of Nigeria (CIIN); National Pension Commission (PenCom); National Insurance Commission (NAICOM); Nigerian Insurers Association (NIA); Pension Fund Operators Association of Nigeria (PenOp); Nigerian Council […]
Updated: NAICOM extends recapitalisation deadline to Dec. 31, 2020
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has extended the insurance industry recapitalisation deadline to December 31, 2020. NAICOM disclosed today in a circular signed by its Director, Policy and Regulation Directorate, Pius Agboola, entitled; Minimum Paid Up share Capital Policy for Insurance and […]
African Alliance Shareholders restate support for firm’s recapitalisation drive
From left: Alhaji Ahmed Nahuche, Non-Executive Director; Olabisi Adekola, Executive Director, Finance; Dr Anthony Okocha, Chairman of the Board; Funmi Omo, Managing Director/Chief Executive Officer; Sylva Ogwemoh (SAN), Non-Executive Director all of African Alliance at the firm’s 50th AGM in Uyo. Leave a comment and share Chuks Udo Okonta Shareholders […]
Sovereign Trust Insurance Plc lists additional 4.17bn ordinary shares on NSE
Olaotan Soyinka, MD/CEO, Sovereign Trust Insurance Plc *Firm’s total issued and fully paid up shares now 12.51bn Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance (STI) Plc., has said an additional 4,170,411,648 of its ordinary shares were on December 23, 2019, listed on the Daily Official List […]
Micro-insurance industry in South Africa set for take-off in 2020
*New regulations coupled with insurtech offerings will pave the way for significant growth Traditionally, access to micro-insurance in South Africa for lower income households has been restricted to life insurance products only, in the form of funeral insurance. However, barriers to uptake and opportunities for financial inclusion were less than […]
Insurers shed N323bn annuity business for retail underwriting
Leave a comment and share Chuks Udo Okonta Some insurance companies are cutting down on their uptake of N323 billion annuity business because they considered it to be so volatile and probed to inflation, Inspenonline can report. Investigation by Inspenonline revealed that three life underwriting firms had drastically reduced their […]
Cornerstone Insurance berths comfortably in recapitalised zone
From left: Executive Director Institutional Business, Cornerstone Insurance Plc, Chidiebere Nwokeocha; Group Managing Director/CEO, Ganiyu Musa and Group Head, Strategy, Investor Relations & ERM, Adewale Foster-Aileru at the event. Leave a comment and share Chuks Udo Okonta At a time other insurance companies are still strategizing on how to meet […]
Mutual Benefits Assurance names Asenuga Managing Director as Omosehin retires
Asenuga Leave a comment and share Chuks Udo Okonta Following the retirement of Olusegun Omosehin as the Managing Director of Mutual Benefits Assurance Plc., the firm has appointed Femi Asenuga as the new Managing Director/Chief Executive Officer (CEO), subject to regulatory approvals. The firm said this in a statement signed […]