Kindly leave a comment and share Chuks Udo Okonta President Bola Ahmed Tinubu would be the Special Guest of Honour in the 2023 National Insurance Commission (NAICOM) National Insurance Conference billed for October 22 to 24 at the Abuja Continental Hotel. The event with the theme: ‘Redefining Safety, Insurance Solutions […]
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Industry-backed solutions likely to support Morocco earthquake with USD270m relief despite low insurance penetration
Kindly leave a comment and share The devastating earthquake that struck Morocco on September 8, 2023 affected an area with low insurance penetration. However, a new commentary from AM Best notes that a parametric insurance arrangement covering part of Morocco’s National Catastrophic Event Coverage Scheme is expected to be triggered […]
Thomas to speak at 2023 LCCI Insurance Stakeholders’ Consultative Forum on September 25
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance/Chief Executive Officer (CEO) National Insurance Commission (NAICOM), Sunday Thomas, would be the Guest Speaker at the Lagos Chamber of Commerce and Industry (LCCI) Insurance Group 2023 Insurance Stakeholders’ Consultative Forum on September 25, which would be attended […]
Insurance companies beckon policyholders with outstanding claims
Kindly leave a comment and share Chuks Udo Okonta Kindly leave a comment and share Chuks Udo Okonta Complying with the directives given by National Insurance Commission (NAICOM), insurance companies have started reaching out to policyholders with outstanding claims, to come and resolve pending issues inhibiting payments of their claims. […]
AIICO bags Insurance Company of the Decade at Marketing Edge Awards
Kindly leave a comment and share AIICO Insurance Plc, a prominent entity in Nigeria’s insurance industry, announces its remarkable achievement as the “Insurance Company of the Decade” at the prestigious 2023 MARKETING EDGE Brands & Advertising Excellence Awards held in Lagos on September 16. The Marketing Edge Brands & Advertising […]
I have come to reactivate my insurance policy
Kindly leave a comment and share Chuks Udo Okonta While sitting at the lobby of an insurance company on Monday this week, waiting for 10:00am appointment with the Managing Director, a young man came in, went to the front desk ladies and a conversation started. Young man: Good morning Front […]
Sanlam General Insurance makes history, settles motor claim in less than one hour
Kindly leave a comment and share Chuks Udo Okonta Sanlam General Insurance has made history in the Nigerian Insurance Industry by settling the fastest claim, which was done in less than one hour, using its game changer, Code of Confidence *1056#, USSD enabled device. According to the underwriting firm, with […]
NAICOM charts growth path with 10-Year Nigerian Insurance Industry Strategic Master Plan
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said efforts are ongoing to conclude work on the 10-Year Nigerian Insurance Industry Strategic Master Plan which would identify and address some of the key challenges of the sector, among others. The Commissioner for Insurance […]
14-Year-Old Kentimfon Ndanyongmong wins 2023 Heirs Life Essay Championship
*Winner to receive N2 million Scholarship Grant *The winning school Gets N500,000 worth of Books and Educational Materials. *Over 5000 entries submitted Kindly leave a comment and share Kentimfon Ndanyongmong, a JSS 3 student from Beulah International School, Akwa Ibom, has emerged as the overall winner of the 2023 Heirs […]
Holding long term assets subjects insurance sector to significant ESG risk – NAICOM
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has said insurers in Nigeria control assets, many of which are held over the long term, thereby subjecting the insurance sector to significant Environmental, Social and Governance (ESG) risk. The Commissioner for Insurance Sunday Thomas, said […]