Chief Executive Officer of the Nigerian Stock Exchange , Mr Oscar Onyema said that undercapitalization witnessed by many licensed insurers limit their ability to take on big ticket in country risks as often required in […]
The European Investment Bank (EIB), has formally agreed to support the membership expansion of the African Trade Insurance Agency (ATI), with a concessional financing facility to cover the shareholding of three prospective members – Cameroon, […]
Vice President Yemi Osinbajo at the weekend expressed concerns over the several risks associated with investment in the insurance sector, and the need for government and stakeholders to tackle the challenges that have nearly crippled […]
NEM Insurance Plc has been honoured with the awards of Digital Insurance Brand of the Year 2018 and Most Innovative Underwriter of the Year 2018 at the just concluded Business Journal Magazine Awards 2019. The […]
Car owners in the province won’t be surprised, but British Columbians are still paying the highest auto insurance premiums in Canada. The General Insurance Statistical Agency released numbers Tuesday showing that British Columbians pay an average […]
Nigerians have been urged to shun corrupt tendencies; this is because when corruption reigns, all sectors of the economy suffer, just as it was advocated that there is need for the nation to assiduously work […]
Royal Exchange General Insurance Company (REGIC) has revealed that the 39.25 per cent acquisition by the InsuResilience Investment Fund (IIF) in the firm, represents a N3.6 billion capital injection. This development was mentioned at a […]
The Independent Shareholders’ Association of Nigeria (ISAN) has said the court action instituted against the National Insurance Commission (NAICOM) was to save the insurance industry and people’s investments. ISAN President, Sunny Nwosu while speaking with an online […]
The Chartered Insurance Institute of Ghana (CIIG) is seeking for the power to impose sanctions on insurance professionals who engage in unethical behaviours. This is because the CIIG is working on submitting a bill which […]
Pursuant to the powers conferred by the enabling laws, the National Insurance Commission on Friday withdrew and cancelled the circular dated August 27, 2018 with reference number NAICOM/DAPCIR/14/2018 and titled Tier Based Solvency Capital […]
Nine persons have been killed and 16 others injured when Fulani herdsmen in the early hours of yesterday invaded Tse -Adough in Mbachom, Yaav council ward in Kwande local government area of Benue state. The […]
Owing to the low contribution of the insurance sector to the Gross Domestic Product (GDP) and the poor perception by the general public, a nationwide campaign to rebrand the industry is set to kick off […]
Stakeholders in the Nigeria insurance sector have begun the reform strategy to give a new face to the industry that has suffered decades of non-performance. Vice Chairman Sub Committee Publicity of the Insurers Committee, who […]
Skipper Mikel John Obi was joined on the chartered fl ight from Abuja to London on Wednesday afternoon by deputy skipper Ogenyi Onazi, defender Kenneth Omeruo, pacy winger Ahmed Musa and 21 other players as […]
With the nation’s insurance industry contributing less than 0.1 per cent to Nigeria’s Gross Domestic Product (GDP), experts have suggested the Blockchain Technology (BT) to be the catalyst of growth to the insurance industry. Specifi […]
The Nigerian Insurers Association (NIA), has said that fraud claims in the industry is on the increase and is adversely affecting the business. Director – General of NIA, Mrs. Yetunde Ilori, who disclosed this at […]
As Nigerians await the passage of 2018 budget by the National Assembly, the federal government has said its capital expenditure for the 2017 fiscal year was in excess of N1.5 trillion. Minister of Finance, Kemi […]
The Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) and the Nigerian Agricultural Insurance Corporation (NAIC) are partnering with PULA to accelerate growth of agricultural insurance in the country. PULA is an insurance […]
A sublime performance by Bendel Insurance Football Club of Benin he Match Day 1 fi xture of the 2017-2018 Bet9ja Nigeria National League gave the Benin Arsenal a deserved Three Goals to nil against visiting […]
National Insurance Commission (NAICOM) has approved the 2017 audited financial statements of underwriting firm, Guinea Insurance Plc. In a statement, the management of the company disclosed that the approval was granted after a confirmation […]
Residents of the Federal Capital Territory (FCT) on Tuesday stormed the National Assembly to demand for health insurance scheme through required legislation. The residents led by Secretary of Health and Human Services Secretariat, Barrister […]
AIICO Insurance has released financial scorecards for financial year ended December 31, 2017, showing a profit after tax of N1.283 billion. The result showed that the profit down by 87 per cent compared with N10.893 […]
Linkage Assurance Plc, said it has secured the approval of the National Insurance Commission (NAICOM) to commence distribution of motor insurance policies online. The firm will facilitate this through a robust technology platform that makes […]
The Vice President Yemi Osinbajo yesterday advocated compulsory health insurance scheme for citizens to enable all to access quality and affordable health care services. He advocated this at the “Civic Innovation Lab: Launch-pad for social […]
As part of its corporate drive to motivate outstanding staff and increase performance in terms of policy uptake, and sales drive, FBNInsurance has rewarded winners in the yearly, Managing Director/Chief Executive Officer Ember Championship. […]
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