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Insurance

WAICA proposes integration of community-based mutual assistance schemes in insurance

Kindly leave a comment and share The West African Insurance Association (WAICA) has recommended to underwriters in the subregion the integration of community-based mutual assistance schemes into insurance so as to reach the underserved populations. The Managing Director/Chief Executive Officer AIICO Insurance Plc, Babatunde Fajemirokun, gave the recommendation in a […]

Insurance

WAICA pushes harmonisation of IFRS 17 amongst insurers in West Africa

Kindly leave a comment and share Chuks Udo Okonta The West African Insurance Companies Association (WAICA) has set in motion the need for insurance companies in the subregion to commence harmonisation of International Financial Reporting Standard (IFRS) 17. Chief Executive Officer Mettlehouse Consulting & Ex-Director, National Insurance Commission Barineka Thompson, […]

Insurance

Insurers to begin publications of outstanding claims

Kindly leave a comment and share Chuks Udo Okonta Insurance companies are almost set to commence publications of outstanding claims even as the National Insurance Commission (NAICOM) may sanction any insurance company found to be dealing with unlicensed insurance agents and brokers in the country. This is a regulatory response […]