Kindly leave a comment and share Chuks Udo Okonta SUNU Assurances Nigeria Plc and SUNU Health Nigeria Limited, a reputable health maintenance organisation (HMO) in Nigeria, have received overwhelming positive feedback from beneficiaries of its recent free 3D mammogram-breast cancer screening initiative. The program was launched to raise awareness about […]
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Guinea Insurance grows revenue to N2.077bn in 2023
Kindly leave a comment and share Guinea Insurance Plc has reported impressive financial performance in 2023, with a 49.4 per cent increase in Insurance Revenue, rising to N2.077 billion. The Chairman of the firm Ugochukwu Godson, SAN, disclosed this at the 66th Annual General Meeting (AGM) held in Lagos. The […]
Dr. Awele Elumelu tasks African governments to simplify insurance licensing processes
Kindly leave a comment and share Chuks Udo Okonta Stringent licensing and market entry restrictions placed by African Governments stifle the growth and reach of the insurance industry, Chairperson, Heirs Insurance Brokers & Avon Healthcare Limited Dr. Awele Elumelu, has said. She disclosed this in her Keynote Paper entitled: ‘The […]
NAICOM draws operational line for insurance companies
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said an operational line has been drawn for insurance companies in the country. The Deputy Commissioner Technical of NAICOM Dr. Usman Jankara, said this at a press conference held recently in Lagos, stating that the regulatory […]
Echoes from African Alliance Insurance annuitants
Kindly leave a comment and share Chuks Udo Okonta African Alliance Insurance Plc annuitants and their family members have continued to react to recent decisions taken by the National Insurance Commission (NAICOM) to save the ailing firm. While some applauded the regulator, others believed the decisions came very late as […]
Cover for bad insurance ambassadors
Kindly leave a comment and share Chuks Udo Okonta One of the biggest risks to insurance practice is Bad Ambassadors mis-presenting the industry, whose activities need to be mitigated with a special ‘Cover’ from the National Insurance Commission (NAICOM) These bad ambassadors are amongst underwriters; brokers; agents and their activities […]
AIICO collects two laurels at 2024 Almond Insurance Industry Awards
Kindly leave a comment and share Chuks Udo Okonta AIICO Insurance Plc claimed two of the evening’s most prestigious honours: ‘Life Insurance Company of the Year’ and the highly sought-after ‘Insurance Chief Executive Officer (CEO) of the Year’ for Babatunde Fajemirokun, the company’s MD/CEO at the 2024 Almond Insurance Industry […]
NAICOM unveils plans for African Alliance Insurance annuitants
Kindly leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said the appointed interim board and management of African Alliance Insurance Plc would within the one year turn around period of the ailing firm, ring fence the annuity portfolio, transfer the fund to a Pension Fund […]
Winners of 2024 Almond Insurance Industry Awards
Kindly leave a comment and share *GENERAL INSURANCE COMPANY OF THE YEAR Leadway Assurance Company Ltd *LIFE INSURANCE COMPANY OF THE YEAR AIICO Insurance Plc. *TAKAFUL INSURANCE COMPANY OF THE YEAR Noor Takaful Insurance Limited *INSURANCE BROKER OF THE YEAR Kayode Awogboro *INSURANCE CEO OF THE YEAR Tunde Fajemirokun *INSURANCE […]
No nation develops beyond level of insurance appreciation – NCRIB President
Kindly leave a comment and share Chuks Udo Okonta The President Nigerian Council of Registered Insurance Brokers (NCRIB) Prince Babatunde Oguntade, has called for national recognition of the insurance sector, as no nation can develops unless it appreciates insurance as the bedrock of the economy, He stated this at the […]