insurance and pension news
Tuesday, January 14, 2025
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 […]
Kindly leave a comment and share Chuks Udo Okonta In spite efforts by the National Insurance Commission (NAICOM) and Nigerian Insurers Association (NIA) some saboteurs are still hucking third party motor insurance policies below regulatory N15, 000 approved premium. It is quite unfortunate to see uninformed people patronising them, not […]
Kindly leave a comment and share Chuks Udo Okonta While the insurance industry regulator – National Insurance Commission (NAICOM) is working assiduously to open more space for the sector to thrive, it is placing more attention on annuity, oil & gas underwriting which portend haven of opportunities. The Commissioner for […]
Kindly leave a comment and share Chuks Udo Okonta Do you know that you can get claims on motor third party paid within three hours that an incident occured? Yes! Depending on the extent of the damage, if it is less than N200,000, the claim can be settled within three […]
Kindly leave a comment and share Chuks Udo Okonta African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the half year ended 30 June 2023. The results demonstrate a strong and resilient performance, which was ahead of expectations. Afreximbank […]
Kindly leave a comment and share Chuks Udo Okonta Continental Reinsurance Plc, has announced the appointment of Kevin Kiambi Mworia as Managing Director for the Kenya Subsidiary. A statement by the company said Kevin succeeds Souvik Banerjea, who has retired from the Company after five years of service. With a […]
Kindly leave a comment and share Chuks Udo Okonta Where else can you invest N15,000 and harness N3 million and other benefits? Such an opportunity is available in insurance through third party motor products. With just N15,000 paid as premium for a third party policy on your vehicle, insurance, you […]
Kindly leave a comment and share The African Development Bank has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA), an initiative is aimed at insulating countries against catastrophic weather-related events. The facility, which will be hosted by the Bank, expands its pioneering Africa Disaster Risk Insurance Programme into […]
Kindly leave a comment and share A study conducted by the Insurance Regulatory Authority (IRA) across 18 districts in Uganda has revealed that a significant proportion of commercial farmers, who have the most to gain from agricultural insurance, have not even heard of it. This knowledge gap translates into a […]
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc, a key player in Nigeria’s insurance sector, took a significant stride towards elevating customer engagement by hosting its inaugural Annuitant Forum. This event underscored AIICO’s unwavering dedication to service excellence and customer-centricity. The AIICO Annuitant Forum, held on […]
