insurance and pension news
Monday, January 13, 2025
Kindly leave a comment and share Chuks Udo Okonta The insurance industry is expecting a gross premium of N148.30 billion from motor insurance this year, as against N56.76 billion recorded in 2022, Inspenonline can report. The Director-General Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori, disclosed this in a paper entitled: […]
Kindly leave a comment and share As part of its Corporate Social Responsibility (CSR) , Cornerstone Insurance Plc Foundation (CIPLCF), on Thursday, October 12, 2023, kicked off its free medical outreach across five cities namely: Ibadan, Abuja, Uyo, Port Harcourt, and Lagos. The goal of the healthcare programme is to […]
Kindly leave a comment and share Chuks Udo Okonta The investiture of Prince Babatunde Oguntade as the 22nd President of Nigerian Council of Registered Insurance Brokers (NCRIB) will hold on Thursday, October 19, 2023, at Lagos Marriott Hotel, Ikeja GRA, Lagos, by 4:00pm. Profile of Prince Babatunde Oguntade “Grace comes […]
Kindly leave a comment and share Chuks Udo Okonta A Chartered Insurance Practitioner Wasiu Amao, has raised an alarm over non-compliance with no premium no cover regulation, as brokers do cancel credit notes upon expiry of 30 days ultimatum and underwriters warehousing claims when premiums were received late. Amao disclosed […]
Kindly leave a comment and share Chuks Udo Okonta The insurance industry is about to give a technical knock out to policy documents counterfeiters as plans are on top gear for all motor covers to be sold digitally through a platform to be hosted on Nigerian Insurance Industry Portal (NIIP). […]
Kindly leave a comment and share Chuks Udo Okonta The Managing Director AiICO Insurance Plc, Babatunde Fajemirokun, would be the lead speaker at the forthcoming West African Insurance Companies Association (WAICA) Education Conference billed for November 12-14, 2023 in Freetown, Sierra Leone. According to the Sectary General of WAICA Davis […]
Kindly leave a comment and share Chuks Udo Okonta The Institute of Loss Adjusters of Nigeria (ILAN) has disclosed plans to provide a robust life insurance welfare package for its members. The President of ILAN Oladiipo Olanrewaju, said this at the institute’s 41st Annual General Meeting (AGM) yesterday in Lagos, […]
Kindly leave a comment and share Chuks Udo Okonta At a time the Institute of Loss Adjusters of Nigeria (ILAN) is engaging the Nigerian Insurers Association (NIA) on upward review of 30 years old adjuster’s fee, members have also cried out over delay in settlement of fees which has led […]
Kindly leave a comment and share Chuks Udo Okonta The third party motor insurance campaign being executed by the insurance industry is gaining traction as motorists that hitherto never believed in claims payment are now besieging underwriters for claims on issues they used to over looked in the past. Inspenonline […]
Kindly leave a comment and share Chuks Udo Okonta The ability to pay insurance premium as at when due is a huge challenge to most policyholders, as they are faced with numerous demands calling for funds. To effectively invest in choice insurance policies, a policyholder needs some level of financial […]
