insurance and pension news
Sunday, January 12, 2025
Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group has donated a 30KVA solar power station to the Ikoyi Passport Office, of the Nigeria Immigration Service (NIS), to facilitate 24-hour passport production, a major challenge of the Service. Through this project, Heirs Insurance Group demonstrates its commitment […]
Kindly leave a comment and share Chuks Udo Okonta Understanding laws governing insurance practice and adhering to them has remained a major challenge to the growth and development of the underwriting industry. To ensure practitioners operate according to stipulated laws, the insurance industry regulator, National Insurance Commission (NAICOM) has continued […]
Kindly leave a comment and share African Reinsurance Corporation’s performance in 2023 and prospectively is expected to be in line with the trend in recent years, supported by strict underwriting, though adverse foreign currency movements are expected to weigh negatively on overall earnings, says AM Best. African Re has a […]
Kindly leave a comment and share Chuks Udo Okonta “Over 97% of farmers in Africa do not have agricultural insurance. Their only insurance is to pray”— Adesina The African Development Bank Group (www.AfDB.org) has presented its planned $1 billion facility to provide insurance to more than 40 million farmers across […]
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) in a move to ensure ethical practices in the insurance of government assets and liabilities has enjoined all Ministries, Departments and Agencies (MDAs) not to interact, engage or transact any insurance business with any insurance institution […]
Kindly leave a comment and share Chuks Udo Okonta Nigerians have continued to take refuge in life insurance as a means of wealth security for their families, as they spent N265.39 billion in nine months, amid tough economic realities. According to the National Insurance Commission (NAICOM) in a document entitled: […]
Kindly leave a comment and share Chuks Udo Okonta The Guild of Marine Surveyors has opened up space for more members to be integrated into its group life insurance scheme. President of the Guild Wale Adetoro, at an Annual General Meeting (AGM) held yesterday in Lagos, said the group life […]
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and the Nigerian Council of Registered Insurance Brokers (NCRIB) have told insurance operators to stop lamenting on withholding of premium beyond 30 days by erring brokers, but should report them for necessary sanctions. Worried about the […]
* Net claims N259.0bn Kindly leave a comment and share Chuks Udo Okonta Insurance companies in the third quarter of this year 2023, recorded a gross premium written of N729.1 billion, the National Insurance Commission (NAICOM) has said. NAICOM in a document entitled: Nigerian Insurance Market at a Glance – […]
Kindly leave a comment and share Chuks Udo Okonta Coronation Insurance Plc, has sustained its awareness campaign, as all is set for another webinar which would help spotlight insurance as key partner for business success in a challenging environment. The underwriting firm in a statement, said the enriched webinar with […]
