8 Jan 2018
Moruf Apampa is the Managing Director/Chief Executive Officer, Equity Assurance Plc. In this interview with BANKOLE ORIMISAN, he spoke on partnerships among stakeholders that would unlock potential in the insurance industry, to make it more competitive among other sectors in the economy. Excerpts: Roughly a year ago, you were appointed the Managing Director of the company.…
13 Dec 2017
The Federal Mortgage Bank of Nigeria (FMBN) has blamed banks and insurance companies for non-compliance with provisions of the National Housing Fund (NHF) Act since its inception. The FMBN Managing Director, Mr Ahmed Dangiwa spoke on Tuesday in Abuja at a public hearing on “A Motion on the Need to Ensure Full Compliance with the…
4 Oct 2017
It added that SecondFloor has great experience working for European insurance regulatory authorities and operators in driving risk-based supervision and solvency migration.
3 Oct 2017
Stakeholders in the industry have said that insurance penetration will not deepen until the needs and expectations of customers are met and delivered. They described insurance as engaging customers and investors to begin to bring in new ideas into the insurance business.
18 Feb 2017
The National Insurance Commission (NAICOM) said it recently met with the management of Lagos State Safety Commission (LSSC) to enforce compulsory insurance in the state.
30 Jan 2017
The Nigerian insurance sector would soon witness a revolution as ATB TechSoft Solutions, a renowned software developer hopes to launch a device that enables vehicle owners pay insurance only for their driving time.
28 Dec 2016
This implies that by next year, at least N100.8 billion would be required for the Group life insurance coverage and premiums payment alone for the two consecutive years of 2016 and 2017.
27 Jun 2016
Determined to change the negative perception of the insuring public about insurance business in Nigeria, the Insurers’ Committee has set up a committee to rebrand the industry to identify the benefits and advantages of insurance.
19 Jun 2016
For as long as I can remember, the insurance subsector has been regarded by many as the underachiever of the financial sector. The reasons are legion. The banking sector contributes more to the Gross Domestic Product ...
16 Jun 2016
The Nigeria Labour Congress (NLC) has issued a 16-day ultimatum to banks who were alleged to have retrenched workers without following due process.
12 Jun 2016
So, what caused the accident?The papers to fill for the insurance claim were on the table. The young insurance clerk poised over the clean papers, his black biro ready.