Leave a comment and share Chuks Udo Okonta Life insurance operators were robbed over N10 billion by the crisis which hit annuity business last year, Inspenonline can report. The operators were denied annuity premium for the first quarter of 2017 by the National Pension Commission (PenCom) due to the crisis. […]
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Leadway Assurance, NAIPCO hold training for journalists
Leave a comment and share Chuks Udo Okonta Leadway Assurance Limited has announced the second edition of the Leadway Journalism training organised in partnership with the National Insurance and Pension Correspondents (NAIPCO). The initiative which is in its second edition is a capacity building initiative organised by Leadway Assurance to […]
Kari to grace brokers members’ evening
Tinubu Leave a comment and share Chuks Udo Okonta The Commissioner for Insurance, Mohammed Kari is expected to graced the February edition of the 2018 Members’ Evening of Nigerian Council of Registered Insurance Brokers (NCRIB) which will be hosted NEM Insurance Plc. The event billed for 3.00pm on Tuesday, February […]
Actor Files N340m Suit Against Cornerstone Insurance, Others
By Akin Kuponiyi A Federal High Court in Lagos, Southwest Nigeria has adjourned till 27th of March, 2018 for hearing a N340 million suit filed against Cornerstone Insurance Company, and one of its subsidiary, Cornerstone Assurance by a Nigerian actor, Mr Ahmed Afolabi Roleola for alleged unauthorized use and exploitation […]
NAICOM accuses insurers of giving over N650bn discounts
Leave a comment and share Chuks Udo Okonta The National Insurance commission (NAICOM) has said insurance companies carry risks that are over N1 trillion, retain N350 billion premium income and discount over N650 billion. The Deputy Commissioner, Technical, NAICOM, Thomas Sunday; who disclosed this at a forum in Lagos, noted […]
NAICOM to owners of ailing firms, recapitalise or face ‘the needful’
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has written to owners of ailing insurance firms presently under its intervention to urgently recapitalise to prevent it from doing ‘the needful’. Deputy Commissioner, Technical, NAICOM, Thomas Sunday; who disclosed this at a forum in Lagos, said […]
Royal Exchange Group Managing Director wins award
From left: Group Managing Director, Royal Exchange Plc, Alhaji Auwalu Muktari receiving the award from the Publisher, Vanguard newspaper, Sam Amuka, at the event in Lagos. The Group Managing Director, Royal Exchange Plc, Alhaji Auwalu Muktari, has been awarded the Outstanding Chief Executive Officer of the Year (Insurance), by the […]
Soyinka urges young entrepreneurs to embrace insurance
Soyinka Leave a comment and share Chuks Udo Okonta The Managing Director/CEO of Sovereign Trust Insurance Plc, Olaotan Soyinka, has called on young and budding Entrepreneurs in the country to make insurance an integral part of their commercial enterprise. A statement by the Head, Corporate Communications & Brand Management Sovereign […]
Underwriter applies for national microinsurance licence
From left: Deputy Commissioner, Technical, National Insurance Commission, Thomas Sunday; President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye; Managing Director, Financial Institutions Training Centre, Dr. Lucy Newman and Managing Director, B. Adedipe & Associates, Dr. Biodun Adedipe at the event. Leave a comment and share Chuks Udo Okonta One […]
What insurance bussiness needs to thrive, excel in 2018 – Experts
From left: Deputy Commissioner, Technical, National Insurance Commission, Thomas Sunday; President, Chartered Insurance Institute of Nigeria, Mrs Funmi Babington-Ashaye; Managing Director, Financial Institutions Training Centre, Dr. Lucy Newman and Managing Director, B. Adedipe & Associates, Dr. Biodun Adedipe at the event. Leave a comment and share Chuks Udo Okonta To […]
