To further enhance the nation’s insurance industry, risk service provider, YOA Insurance, and Capsicum Re, have entered into partnership to provide capacity for local insurance...
Retirees accuse PenCom of non-payment of 2017 benefits
Federal Government Pensioners under the Contributory Pension Scheme (CPS), have called on the National Pension Commission (PenCom) asking for the payment of pension entitlements of workers, who retired from January 2017 till date.
FBN Insurance deepens market with Ember Championships
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.
Underwriter charges Nigerians to ask for claims from insurers
A leading underwriting firm, Leadway Assurance Company Limited, has urged Nigerians, particularly third party holders, to always ask for their claims from insurers whenever an insured risk occurs. The Executive Director, Leadway Assurance, Adetola Adegbayi, who said this while addressing a group of journalists in Lagos , noted that most Nigerians who purchased insurance policies…
CIIN sees promising industry outlook in 2018
The President, Chartered Insurance Institute of Nigeria (CIIN), Funmi Babington-Ashaye, has expressed that the industry outlook for the year is mixed, but promising, judging from the 2018 national budget. Ashaye, who spoke at this year’s Annual Business Outlook Seminar, organised by the CIIN in Lagos, described the 2018 budget, tagged, ‘Budget of Consolidation’, as largely…
NAICOM suspends composite licence
The National Insurance Commission (NAICOM), has suspended the issuance of composite licence to any interested insurance investor, saying it is inappropriate to operate a composite company. Speaking at the Nigerian Council of Registered Insurance Brokers (NCRIB) Members’ Evening, in Lagos, the Commissioner for Insurance, Mohammed Kari, said the issue of composite licensing came up at…
Insurer to offer seamless service
A leading underwriting firm, Royal Exchange Plc, has revealed plans to embark on a corporate restructuring exercise that would respond to the needs of its clients across the country.
Underwriter to drive awareness with new campaign
Great Nigeria Insurance (GNI) Plc has launched a Pan-Nigeria radio campaign in the major local dialects, highlighting the brand’s value proposition with the different products under its stable.
LASACO settles N85m claims to relations of dead Lagos workers
The Lagos State Head of Service, Folashade Adesoye, at the cheque presentation to beneficiaries of the deceased workers in Lagos, said GLIP is part of the staff welfare programme provided by the State Government for its public service workers.
Wapic tackles road accidents with ‘Safety-on-Wheels’ initiative
In an effort to tackle the menace of causalities and deaths from road accidents, Wapic Insurance Plc has launched ‘Safety-on-Wheels’ campaign in the country.The Managing Director of WAPIC, Yinka Adekoya, who made the disclosure at a media parley in Lagos, noted that accidents on the nation’s roads had taken more lives....