Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc recently demonstrated another noble gesture in line with its Corporate Social Responsibility (CSR) by giving out school bags and other educational items to aprimary school within the locality of its corporate Head Office in Victoria Island, Lagos. This […]
Spotlight
Cyber Insurance Market Sees Steady Growth but Still Awaiting a Real Growth Spurt
LONDON, UK – JUNE 2018 – The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32% year over year to $1.8 billion, and policies in force jumped 24% to 2.6 million, according to a new A.M. Best special report. However, despite the growth, […]
Funmi Babington-Ashaye tenders report card
Leave a comment and share Chuks Udo Okonta The President. Chartered Insurance Institute of Nigeria (CIIN) Mrs Funmi Babington-Ashaye, having steered the affairs of the institute for 10 months, has tendered her report card. She presented the card at a media conference in Lagos, admitting that the last 10 months […]
Insurers anchor N300m rebranding project on prompt claims settlement
Chairman Sub Committee on Publicity and Communication, Insuers Committee, Hassan Oye- Odukale; Assistant Director/Head, Corporate Affairs NAICOM, Rasaaq Salami; Vice Chairman Sub Committee Publicity, Ebelechukwu Nwachukwu; Managing Director, Custodian & Allied General Insurance Limited, Toye Odusi and Director-General, Nigerian Insurers Association (NIA) Mrs Yetunde Ilori at the event. Leave a […]
Gov. Emmanuel commission’s Anchor Insurance House in Uyo
Gov. Udom Emmanuel of Akwa Ibom State (m) cutting the tape to commission Anchor Insurance Company Limited’s building in Uyo on Wednesday. He is assisted from the left by Elder Imoh Oko, Chairman of Uyo Local Government Area, Ebose Augustine, MD/CEO, Anchor Insurance, Dr. Elijah Akpan, Chairman of the company, […]
Wapic Insurance grows PAT by 161%, assures shareholders continued growth
Leave a comment and share Chuks Udo Okonta Wapic Insurance has recorded 161% increase in Profit After Tax (PAT) for the financial year ended December, 2017. Addressing shareholders at the 59thAnnual General Meeting in Lagos last Wednesday, the company’s Chairman, Aigboje Aig-Imoukhuede said “Wapic Insurance has continued its run of […]
Leadway Assurance launches campaign to boost savings culture
Leave a comment and share Chuks Udo Okonta Leadway Assurance Company Limited, has recently taken steps to further deepen financial security in Nigeria by launching a campaign tagged, “Saving Dreams”, which is aimed at encouraging Nigerian’s to build a savings culture. The campaign which addresses various attainable dreams of the […]
N300m Insurance rebranding project begins June 1
From left: Head, Corporate Affairs National Insurance Commission, Rasaaq Salami; Vice Chairman Sub Committee Publicity of the Insurers Committee/Managing Director, NSIA Insurance Company Limited, Ebelechukwu Nwachukwu and Head, corporate affairs, Nigerian Insurers Association, Davis Iyasere at the event. Leave a comment and share Chuks Udo Okonta Insurance industry rebranding project […]
Cornerstone Insurance Shuts Down Branches
The management of Cornerstone Insurance Plc has announced closing two of its branch offices in Kaduna State and Calabar in Cross River State. In a statement issued to the Nigerian Stock Exchange (NSE) last week, the insurer disclosed that, “The businesses that were being handled at these (closed) locations will […]
We should set some targets to deepen insurance penetration – Ngozi Okonjo-Iweala
Dr. Ngozi Okonjo-Iweala Former Minister of Finance, Nigeria Former Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has called on the government and insurance operators to set specific targets on how to deepen insurance penetration. Okonjo-Iweala told the News Agency of Nigeria (NAN) on Friday in Busan, South Korea, on the […]