Mrs. Ebele Nwachukwu Leave a comment and share Chuks Udo Okonta NSIA Insurance Limited recently received the ISO 9001:2015 Certification from the Standards Organisation of Nigeria (SON), the representative of the International Organisation for Standardization (ISO) in Nigeria. The Company achieved this certification due to its successful implementation of the […]
Spotlight
Billionaire investors in the Nigerian Insurance space (1)
The insurance industry has often played second fiddle to the banking sector, largely due to the low penetration in the country. Poor corporate governance has meant that many insurance firms have done poorly in terms of share price and dividend payment. Some firms, however, have managed to stay above water […]
Consolidated Hallmark Insurance delights shareholders with N140m dividend
From left: Managing Director/CEO Consolidated Hallmark Insurance Plc, Eddie Efekoha; chairman, Obinna Ekezie and Company Secretary, Rukevwe Falana at the event. Leave a comment and share Chuks Udo Okonta Shareholders of Consolidated Hallmark Insurance (CHI) Plc, today approved the recommended 2 kobo dividend per share, amounting to N140 million dividend […]
Linkage Assurance PAT up 431% to N2.9bn in 2017
Apere Leave a comment and share Chuks Udo Okonta Underwriting firm, Linkage Assurance Plc has recorded a 431 percent growth in profit after tax (PAT) for the financial year ended 31stDecember 2017. The figure grew from N544.6 million in 2016 financial year to N2.891 billion in the review period. The […]
FBNInsurance wins AfricaRe/AIO Insurance Company of the Year 2018
Adenrele Kehinde, Chairman, holding the award plaque, flanked (from left to right) by Ekpe Ukpabio, Executive Director; Aderemi Ogunmefun, Director; Theuns Botha, Director; Val Ojumah, Managing Director/Chief Executive Officer; Margaret Dawes, Director; Oyewale Ariyibi, Director and Caleb Yaro, Director; all of FBNInsurance at the official presentation of the AIO Insurance […]
5 investors close to obtaining microinsurance licences
Leave a comment and share Chuks Udo Okonta Five investors seeking microinsurance licences have been interviewed by the National Insurance Commission (NAICOM) Inspenonline, has learnt. It was gathered that two of the firms have been granted approval to publish their intentions in the dailies, while the others will soon be […]
NAICOM approves Old Mutual Insurance 2017 financial accounts
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has approved the 2017 financial accounts of Old Mutual Insurance Company Limited and Old Mutual Life Assurance Company Limited. Also approved were the accounts of, Leadway Assurance Limited; Consolidated Hallmark Insurance Plc; FBNInsurance Limited; FBN General Insurance […]
Babington-Ashaye leads delegation to Hong Kong explores market opportunities
From left: Mr OLUSEGUN Omosehin, MD Mutual Benefit, Sir Muftau Oyegunle council member CIIN,Mr Mayak Kumar Jha Chief Operating officer The New India Assurance, Mrs Funmi Babington-Ashaye, President/Chairman of Council, CIIN; DR Wilson Cheung,Jiang Tai Insurance Brokers, Mr Richard Borokini, DG CIIN, Mr Tope Smart, MD Nem Insurance Plc and […]
Sovereign Trust Insurance posts N5.2bn Gross Written Premium in Q1 2018
Leave a comment and share Riding on the heels of the impressive performance recorded at the year-end in 2017 with a Gross Premium Written of N8.5b as against the N6.3b written in 2016, Sovereign Trust Insurance Plc has started the 2018 Financial Year on a very good note with a […]
Anchor Insurance makes new appointment as Chairman bags Honorary Doctorate degree
Dr. Akpan Leave a comment and share Chuks Udo Okonta Determined to take its business operations to another height, the Management of Anchor Insurance Company Limited, a foremost underwriting organization with consistent clean claims history, has announced the appointment of Jide Fasanmi as General Manager, Marketing, even as the company’s […]