Kindly leave a comment and share Chuks Udo Okonta Brokers are major stakeholders in insurance business, hence they control larger chunk of the underwriting industry distribution channels. In Nigeria, due to the relevant role played by brokers, it is said, that they generate over 60 per cent of the industry’s […]
Spotlight
Leadway-led consortium of insurers pay N535m Group Life Insurance claims to Nigeria Police beneficiaries
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance Company Limited has in consortium with other insurance companies – Sanlam Insurance, Mutual Benefits and LASACO, successfully disbursed the sum of N535 million in Group Life Insurance claims to 68 beneficiary members of the Nigeria Police Force (NPF). In […]
WAICA Re. posts $214.2m gross written premium in 2022
Kindly leave a comment and share Chuks Udo Okonta WAICA Reinsurance Corporation Plc recorded an increase in its Gross Written Premium (GWP) from $153.3 million in 2021 to $214.2 million in 2022, representing 40 per cent growth over the prior year. This is even as it equally incurred $55.6million claims […]
Why you should share how insurance impacts your life
Kindly leave a comment and share Chuks Udo Okonta Knowledge transfer has helped make the world a better place, as people over the years have continued to shaped human existence by sharing their experiences, which have opened doors for more researches that have made the earth a better place to […]
Insurance firms you should be wary of their policies
Kindly leave a comment and share Chuks Udo Okonta Buying an insurance policy is an investment decision that should be taken with absolute care, so as not to incur more risks in a bit to mitigate a risk. The hope of every policyholder is to have a respite from his […]
Brokers explore opportunities in takaful, microinsurance
Kindly leave a comment and share Chuks Udo Okonta The leadership of Nigerian Council of Registered Insurance Brokers (NCRIB) has through its action, debunked the perception that insurance brokers are not interested in retail business, by engaging operators in microinsurance and takaful business to explore enormous opportunities inherent in their […]
Almond Insurance Industry Awards & Consumers’ Nite to hold November 3, 2023
Kindly leave a comment and share All is set for the 2023 edition of the Almond Insurance Industry Awards & Consumers’ Nite. The annual event that brings top entertainers and insurance elites together is slated to hold on Friday 3rd of November 2023 at the Queens Park Events Center Water […]
Unique insurance policies you can donate to students
Kindly leave a comment and share Chuks Udo Okonta Inspenonline in its determination to impact more lives through insurance, developed Insurance Feel (Insurfeel) Initiative, which is aimed at donating insurance policies to distinguished uninsured persons, such as outstanding students, teachers and other trailblazers. The initiative which would kickstart as a […]
CIIN holds 52nd annual general meeting in Lagos
Kindly leave a comment and share The 52nd Annual General Meeting of the Chartered Insurance Institute of Nigeria (CIIN) was held on Wednesday, July 12, 2022 at the Secretariat National Headquarters, 27, Lagos Street, Ebute- Metta, Lagos in respect of the Year 2022 Financial Year. The President/Chairman of Council […]
Royal Exchange General Insurance rebrands, pushes corporate, retail, agriculture businesses
Kindly leave a comment and share Chuks Udo Okonta Royal Exchange General Insurance Company (REGIC), one of Nigeria’s leading insurance companies offering general and special risks protection policies, has embarked on a rebranding exercise with the launch of a new corporate identity, aimed at improving public perception of the company, […]