Leave a comment and share Chuks Udo Okonta To effectively combat insurance industry’s post recapitalisation challenges, the National Insurance Commission (NAICOM), just like the biblical King David, who used the right stone to knock-down Goliath the enemy of the Israelites, seemed to have selected some key weapons that would help […]
Spotlight
NAICOM moves to stall misuse of multi-billion Naira recapitalisation funds
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has pledged to develop a framework that will ensure money raised from the ongoing recapitalisation is judiciously utilized so that shareholders can have value for their money. The Director, Policy and Regulation Directorate, NAICOM, Pius Agboola, who […]
CIIN plans 2020 international executive programme in Germany to aid recapitalisation
Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria ( CIIN) in line with its core mandate to develop and equip top management executives in the insurance sector towards ensuring that the on-going recapitalisation exercise is maximally harnessed, has called on underwriting practitioners to participate […]
Consolidated Hallmark Insurance posts 46% rise in PAT Q3 2019
Efekoha Leave a comment and share Chuks Udo okonta Consolidated Hallmark Insurance Plc, one of the leading underwriting firms in Nigeria has posted a Profit-After-Tax (PAT) of N519.6 million in its third quarter 2019 results, as against the N355.9 million recorded in the corresponding period of 2018, representing a 46 […]
NAICOM approves appointment of Abidogun as MD/CEO, Guinea Insurance
Abidogun Leave a comment and share Chuks Udo Okonta National Insurance Commission (NAICOM) has approved the appointment of Ademola Abidogun as the substantive Managing Director/Chief Executive Officer of Guinea Insurance PLC. The approval came in a letter dated 8th November 2019, captioned “Final Approval to Appoint Ademola A. Abidogun as […]
AGCS, Allianz Germany announce leadership changes
*Joachim Müller will succeed Chris Fischer Hirs as CEO of Allianz Global Corporate & Specialty SE *Andreas Kanning is to be appointed as CEO of Allianz Beratungs- und Vertriebs-AG and Board Member of Allianz Deutschland AG *Klaus-Peter Röhler, CEO of Allianz Deutschland AG, will take over as CEO of Allianz […]
Poor insurance culture responsible for Nigeria’s low life expectancy – Sanwo-Olu
Sanwo-Olu Leave a comment and share Chuks Udo Okonta The Governor of Lagos State, Babajide Sanwo-Olu, has adduced the low life expectancy in Nigeria to poor health insurance scheme. Sanwo-Olu said this during the unveiling of Plum Insurance Brokers House in Lagos, adding that the only way to improve citizens’ […]
Insurers may lose over N10bn business, as airline operators threaten boycott
From left: Chief Executive Officer (CEO) Airpeace limited, Toyin Olajide; Chairman of AON, Captain Ahmad Joji and Chairman/Chief Executive Officer (CEO) Barbedos Group, Alhaji Kashim Shettima at the event. Leave a comment and share Chuks Udo Okonta Unless urgent steps are adopted to address the imbroglio between insurance operators and […]
Old Mutual appoints Oyinlade as Managing Director
Oyinlade * To head General Insurance business Leave a comment and share Chuks Udo Okonta The Nigerian subsidiary of pan-African Insurance giant and leading global financial services group, Old Mutual Limited (OML), has announced the appointment of Olalekan Oyinlade, as the new Managing Director for its General Insurance business in […]
No future without insurance – ESUT VC
From left: Deputy President, CIIN, Sir, Muftau Oyegunle presenting a plaque to the Vice Chancellor, Enugu State University of Technology Prof. Luke Okechukwu Anike at the event. Leave a comment and share There is no future without insurance, the Vice Chancellor, Enugu State University of Technology Prof. Luke Okechukwu Anike, […]
