Insurance
4 Sep 2019
Experts in the nation’s insurance industry have charged underwriters across the country to make prompt claims settlement a priority if they indeed want to increase insurance penetration in the Nigerian market.
2 Sep 2019
The National Insurance Commission (NAICOM) has said the liquidity position of some underwriting companies in the country has hindered the industry’s progress, with heavy investments on fixed assets.
12 Aug 2019
The doyen of the insurance industry, Olola Bode Ogunlana, has advised the leadership and members of the Chartered Insurance Institute of Nigeria (CIIN) to regain Nigerians’ confidence in adopting insurance policy and benefitting fully from all it offers.
12 Aug 2019
Wapic Insurance Plc has posted a gross written premium with a 24 per cent increase to N8.7 billion in the second quarter of 2019, compared to N6.9 billion in the same period of 2018.
22 Jul 2019
Allianz Nigeria, the local operating entity of global insurance giant, Allianz Group, has finalised plans to provide insurance and protection services to German nationals and businesses domiciled in Nigeria.
22 Jun 2019
Can you beat this? A young man, named Andrew Bankole, was still a virgin even at 35. It wasn’t that he had no phallus; Andrew had everything a normal male should have, but he felt he must not taint his puritanical background with ‘dirty’ love. He was a brainy and witty young man, about 5ft…
10 Jun 2019
Determined to regain Nigerians’ confidence on the nation’s insurance industry, AXA Mansard Insurance Plc, has stressed the need for organisations to embrace insurance products that will protect the security and data of their customers from risks of cybercrimes. The Chief Executive Officer, AXA Mansard Health Limited, Tope Adeniyi, said this at a breakfast meeting with…
20 May 2019
Nigeria’s insurance industry is going through a transformation, with major players strategising to take prime positions for growth. The Managing Director/Chief Executive Officer, Anchor Insurance Limited, Ebose Augustine Osegha, in this interview with BANKOLE ORIMISAN, talks about his company’s plans and how it will support the economy and shareholders. You were recently appointed the Managing…
20 May 2019
Universal Insurance Plc has donated insurance books worth over N2million to the Institute of Management Technology (IMT), Enugu, Enugu State. The books, covering various areas of insurance, would boost the knowledge-base of students of insurance, the company noted, while addressing the students of insurance department of the institution. At the ceremony that attracted the top…
15 Mar 2019
African Alliance Insurance Plc, has disclosed its plan to drive growth in the insurance industry and deepen insurance penetration through the launch of innovative products and the use of technology. According to the company, there was need for it to redress innovation and drive its products with emerging technology, while building effective communication to serve…
25 Feb 2019
The National Insurance Commission (NAICOM) has said that there is need for Nigerians to embrace insurance as a form of risk management mechanism, especially in the election periods. Commissioner for Insurance, Alhaji Mohammed Kari, who stated this, noted that more insurance protection should prevail during electioneering, as it a period characterised by uncertainties. In…
28 Jan 2019
Mutual Benefits Assurance has renewed commitment to its vision of becoming the profitable and notable underwriting institution in the nation’s insurance industry, despite market challenges in the course of the year. The Chairman of the company, Dr. Akin Ogunbiyi, who disclosed this at the company’s 23rd yearly thanksgiving service in Lagos, said “our clear vision…
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