CIIN leads stakeholders to promote insurance education in Delta
The Chartered Insurance Institute of Nigeria (CIIN) has urged the Delta State government to support the promotion of insurance education and facilitate the inclusion of the topic as a subject in secondary schools across the state.
IICC to drive compulsory policy awareness with training
The Insurance Industry Consultative Council (IICC) has vowed to intensify efforts in the promotion of insurance awareness in Nigeria. To this end, it would start with a training on compulsory insurance scheduled to hold on February 6, 2019, at Asaba, Delta State. The training, which is one of the initiatives of IICC, is aimed at…
Experts charge operators to shore up capital base for bigger deals
With the cancellation of the Tier Based Minimum Solvency Capital (TBMSC) framework by the National Insurance Commission(NAICOM) late in 2018, the capital base of the industry remains the same.
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.
Operators review insurance sector’s challenges, policy conundrum
As the insurance year 2018 came to an end few days ago, industry experts have taken deep retrospect of activities in the period and listed major challenges to the growth...
CIIN inducts new members, seeks industry’s integrity
The Chartered Insurance Institute of Nigeria (CIIN) has inducted 138 new associates and fellows into the fold, in line with plans to raise knowledge and ease in spreading the “gospel” of insurance benefits to the doorsteps of Nigerians.
CHI settles N2.1 billion claims to Marine customers
Determin ed to remain market leader in the nation’s insurance industry Comsolidated Hallmark Insurance Plc has disbursed a total sum of N2.1billion as claims in the marine segment of its business in October, 2018.thereby affirming its ability to settle genuine claims.
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,…