Kindly leave a comment and share The Kenyan government is working to revise the country’s insurance law as it seeks to empower the industry regulator and increase accountability, including imposing penalties on directors and management of insurers who mismanage insurance companies. Treasury Cabinet Secretary Njuguna Ndung’u said last week that […]
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Insurance advisory for fathers
By Ekerete Ola Gam-Ikon God gives us the assurance to be with us every step of the way, and Fathers, made in His image, carry similar assurances to be with their families every step of the way. As Fathers are not God, to handle the risks and challenges of life, […]
Afreximbank launches insurance subsidiary to support intra-African trade
Kindly leave a comment and share Chuks Udo Okonta The African Export-Import Bank (Afreximbank) today in Accra launched its wholly owned insurance management services subsidiary, AfrexInsure, with a commitment to provide a single-entry point for all specialty insurance needs to assist in optimally managing related risks for the trade and […]
CIIN pairs young insurance practitioners with mentors
Kindly leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) has informed young insurance practitioners interested in mentorship scheme, to declare interest with its secretariat so as to be paired with a mentor. The Deputy President CIIN, Mrs. Yetunde Ilori, said this at the […]
Largest insurance companies in the world
Kindly leave a comment and share These are lists of insurance companies in the world, as measured by total non-banking assets and by net premiums written The list is based on the 2022 report of the 25 largest insurance companies in the world by 2020 assets from AM Best. They […]
Don’t rely on govt for succour, insure before mishaps, group implores entrepreneurs
Kindly leave a comment and share Chuks Udo Okonta The Coalition of Associations in Computer Village, has implored business owners to leverage insurance to secure their wares, properties and desist from waiting on government for support in times of disaster. The President of the group, Timi David said this during […]
Understanding group life assurance
By Ekerete Ola Gam-Ikon Ekerete Ola Gam-Ikon MNIM, CPP, AMRMN, is an Administrator, a Business Thinker and Customer Advocate.
Unethical practices ridicule integrity of insurance industry – Thomas
Kindly leave a comment and share Chuks Udo Okonta The Commissioner for Insurance Sunday Thomas, has expressed misgivings over unethical practices, which he said ridicule or impugn integrity of the Nigerian insurance industry. Thomas, who spoke recently at an event organised by the Nigerian Council of Registered Insurance Brokers (NCRIB) […]
SUNU Assurances Nigeria rewards shareholders with 3kobo dividend, pays N1.47bn claims
SUNU Assurances Nigeria Plc has delighted its shareholders with a 3Kobo dividend per share of 50k ordinary share of the company. The Chairman of the underwriting firm, Kyari Bukar who announced the dividend payment at the firm’s Annual General Meeting (AGM) held in Lagos, stated that the dividend was paid […]
NAICOM, AMMC setup Joint Committee for enforcement of compliance by building developers, occupiers of public buildings in FCT
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) and Abuja Metropolitan Management Council (AMMC) have setup a Joint Committee to work out the modalities for enforcement of compliance by building developers and Occupiers of Public Buildings with sections 64 & 65 of the Insurance […]