Kindly leave a comment and share Chuks Udo Okonta Unitrust Insurance Company Limited has assured policyholders of its refined processes to pay all claims within 48 hours having received executed discharged vouchers. Its Managing Director/Chief Executive Officer, Dayo Arowojolu, said this today at a press conference in Lagos, stressing that […]
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Kenya:Motor insurance premium revenue rises on rate hikes
Kindly leave a comment and share Insurers’ gross premiums from motor business rose by 14.1% to KES53.9bn ($398m) in 2022 compared to 2021 as insurers increased premium rates by as much as 50%, according to data from the Insurance Regulatory Authority (IRA). The higher annual premiums served to partially trim […]
NCC Boss, Umar Danbatta to deliver keynote address at Supernews confab April 27
Kindly leave a comment and share The Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC), Professor Umar Danbatta will deliver the keynote Address at the SUPERNEWS Nigeria Conference coming up on Thursday, April 27, 2023 at Radisson Hotel, GRA, Ikeja, Lagos. Time is 10.00am prompt. The event would be Chaired by the Commissioner […]
Leadway Assurance CEO implores Nigerians to comply with NiMET’s 2023 rainfall, floods forecast
The Managing Director/Chief Executive Officer of Leadway Assurance, Tunde Hassan-Odukale, has cautioned Nigerians not to ignore the early warning forecast by the relevant weather monitoring and emergency management agencies about this year’s rainfall and flooding expectations. Like last year, the Nigeria Meteorological Agency (NiMET) issued a grim forecast. “2023 will […]
KBL Insurance on the March Again
Kindly leave a comment and share To assemble competent professionals with in-depth knowledge, technical capacity, and requisite hands-on years of experience, has been argued, should be the takeoff point towards establishing a good and reliable insurance firm. These factors, it is admitted, should ordinarily guide an individual who walks into […]
NAICOM gets applause for not rescinding motor insurance premium hike
Kindly leave a comment and share Chuks Udo Okonta Having successfully implemented increase of motor third party premium from N5,000 to N15,000 for three months and 21 days, stakeholders in insurance industry, have applauded National Insurance Commission (NAICOM) for not caving in to pressures to rescind the policy. According to […]
Sanlam General Insurance posts N11.4bn GWP, pays N3.1bn claims in 2022
Kindly leave a comment and share Sanlam General Insurance Nigeria Limited, a Pan-African brand with rich history and heritage has posted a Gross Premium Written (GPW) of N11.4 billion and paid N3.1 billon in claims in 2022. This is according to the company’s latest financial report. This feat marks another […]
Insurance providing succour to Nigerian vehicle owners, amid soaring cost
As many Nigerians grapple with challenges, occasioned by the economic situation, insurance has remained a major source of succour to those who embraced it. Chuks Udo Okonta, in this report writes on how insurance is helping vehicle owners, amid soaring cost of acquiring either new or used ones. Buying a […]
Leadway successfully contains hackers’ attempt to breach network
Kindly leave a comment and share Chuks Udo Okonta Leadway Assurance Limited said it detected a potential threat to its network and has promptly deployed mitigation measures to contain the cyber attack. The firm in a statement noted that its preliminary investigation into the criminal intrusion indicates that the attack […]
17 Tony Elumelu creative storytellers receive $30,000 fund from Heirs Insurance, Heirs Life
Kindly leave a comment and share Chuks Udo Okonta Leading insurance companies, Heirs Insurance Limited (HIL) and Heirs Life Assurance (HLA) in partnership with Africa No Filter (ANF), have announced seventeen (17) young creatives across Africa as the recipients of the USD30,000 Tony Elumelu Storytellers Fund, a Corporate social responsibility […]