Tag: Brokers

Insurance

Brokers, agents get N38.89bn commission from insurers

Leave a comment and share Chuks Udo Okonta Insurance brokers and agents were paid N38.89 billion as commissions by underwriters in 2017, Inspenonline can report. Data obtained from the Nigerian Insurers Association (NIA) revealed that the insurance intermediaries received N24.70 billion from general business operators and N14.18 billion from life […]

Insurance

Brokers, NGO to challenge NAICOM’s policy in court

From left: Vice President, Nigerian Council of Registered Insurance Brokers, Barr Rotimi Edu; Divisional Head, Corporate Clients & Intermediaries, Ensure Insurance Plc, Mrs. Taiwo-Tella Ndukwe; Managing Director, Ensure Insurance, Mr. Sunkanmi Adekeye; President, NCRIB, Mr Shola Tinubu and Deputy President, Mrs Bola Onigbogi at the December Edition of NCRIB Members […]

Insurance

Brokers, agents, others owe insurers N92.98bn in 2016

Leave a comment and share Chuks Udo Okonta Outstanding premium due from brokers; agents; sundry debtors and others amounted to N92.98 billion in 2016, Inspenonline can report. According to the 2016 annual balance sheet of insurance companies published by the National Insurance Commission (NAICOM), Non-life operators were owed N84.48 billion […]

Insurance

Brokers, agents get N44.16bn insurance commission

Chairman NIA, Eddie Efekoha Leave a comment and share Chuks Udo Okonta Insurance brokers and agents received N44.16 billion commission from underwriters in 2014, Inspen reports. The amount was stated in the Nigeria Insurance Digest 2014, published by the Nigerian Insurers Association (NIA). According to the digest, Non life operators […]