Chartered Insurance Institute of Nigeria
How insurers’ N97.2b claims settlement boost market penetration
Modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must determine appropriate settlements
CIIN unveils new curriculum for intending practitioners
The Chartered Insurance Institute of Nigeria (CIIN) has initiated the first set of course books in its new curriculum to be used for the foundation stage in line with plans
Angst over unending xenophobic attacks on Nigerians
In the last couple of years, many Nigerians have been extra-judicially killed in South Africa, either by the South African police, or locals in circumstances that further lend credence to recurring dislike-of-foreigners in the country by South Africans.
Industry operators support recapitalisation to boost economy
Stakeholders in the nation’s insurance industry have expressed support for the ongoing recapitalisation exercise, saying it would boost the sector’s contributions to the economy.
CIIN grooms students for underwriting skills
The Chartered Insurance Institute of Nigeria (CIIN) has kickstarted its mentoring programme for young insurance professionals, with the aim of developing prodigies that will sustain and take the industry to lofty heights.
How underwriters with N3 billion capital will lose big ticket deals
Despite the cancellation of the Tier Based Minimum Solvency Capital (TBMSC), insurance companies with N3 billion capital base will still lose the businesses they used to underwrite, as policyholders are now attracted to insurers with requisite financial strength.
Consolidated Hallmark to raise N735m new capital
Consolidated Hallmark Insurance (CHI) Plc will seek approval to raise N734.5 million additional capital, at its Extraordinary General Meeting (EGM), slated for November 28, 2018, in Lagos. Shareholders will, at the meeting, formally give their approval to shore up the company’s capital through private placement of 1,130,000,000 units, at the price of 65 Kobo per share, which will…
CIIN seals pact with varsities for insurance education
The Chartered Insurance Institute of Nigeria (CIIN) has unveiled plans to deepen insurance education through the universities, as well as equipping young professionals to lift the sector to a greater height. The President of CIIN, Eddie Efekoha, who disclosed this at a media parley in Lagos, said the initiative is open to professionals between 21 and 30 years,…
CIIN moves to boost nation’s GDP through retail insurance market
Before the nation’s insurance industry could be viable like others sectors of the economy in the country, there is need for stakeholders to embrace retail insurance business that has been neglected.
CIIN charges new members, others, on integrity
In line with plans to register fresh 3,000 members that would spread the gospel of insurance benefits to the doorsteps of Nigerian before the end of the year 2018, the Chartered Insurance Institute of Nigeria (CIIN), has inducted more fellows and associates into the fold. CIIN at the institute’s 2017 Graduation and Fellowship Awards Ceremony,…