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Insurance

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.
10 Jun 2016
The Director-General of the Nigeria Insurance Association, Mr Sunday Thomas, on Friday told workers in the insurance sector not to panic over the gale of retrenchments in companies.
8 Jun 2016
According to him, beside the fact that the industry losses may run into billions of naira, the worse is that the public who patronize these illegal arrangements cannot claim indemnity for their insurances.
30 May 2016
Nigeria's insurance industry is undercapitalized, fragmented and too small to take on large risks, there is need for consolidation in the industry.
23 May 2016
To achieve the expected transformation of insurance and reinsurance potentials in Africa, operators must tackle the issue of capacity building in the continent which had reduced ...
16 May 2016
The National Insurance Commission (NAICOM) has renewed war against insurance firms, insurance brokers offering gratification to secure business in the industry.
12 May 2016
The drive of the NHIS and indeed most nation’s health insurance programme is for universal coverage. Unfortunately, less than 10 percent of Nigerians have a form of health insurance.

Latest

45 mins ago
The maiden edition of the Organizational Learning and Development Conference (OLxD Con ’23) will hold on Saturday, June 3, 2023, at MUSON Centre, Lagos. The OLxD initiative was set up to help build learning and development (L&D) capabilities and also create awareness for businesses to understand the value and importance of the L&D function in…
1 hour ago
Ondo State Governor Oluwarotimi Akeredolu has urged President Bola Ahmed Tinubu to avoid paying attention to frivolities as he prepares for the work ahead. Akeredolu, in a statement on Monday, said attending to frivolities could distract Tinubu's administration and added that all new leaders must reject all tendencies that hindered the previous administration. “The task…
1 hour ago
President Bola Ahmed Tinubu has appointed Kunle Adeleke as the President's State Chief of Protocol (SCOP) following his inauguration in Eagle Square on Monday Tinubu also appointed Dele Alake, a former commissioner of information and strategy in Lagos State, as his official spokesperson. The president also appointed Olusegun Dada as Special Assistant to the President…
3 hours ago
Founder of DAAR Communications and African Independent Television (AIT) Raymond Dokpesi is dead. Dokpesi died on Monday, May 29 2023, his son Raymond Dokpesi jnr said in a statement. "High Chief Dokpesi was a beloved husband, father, grandfather, and friend to many. He will be deeply missed by all who knew him," Dokpesi said. "High…
4 hours ago
Nigeria’s new President Bola Ahmed Tinubu has said the era of subsidy payment on fuel has ended. Tinubu said this in his inaugural speech at the Eagle Square on Monday after he was sworn in as Nigeria’s 16th President. According to him the 2023 Budget made no provision for fuel subsidy and more so, subsidy…