NAICOM’s proposed policy elicits multiple legal threats
The Nigerian Council of Registered Insurance Brokers (NCRIB) has disclosed plans to challenge the National Insurance Commission (NAICOM) over its proposed State Insurance Producer...
Ensure boosts industry record with 28% rise in earnings
Ensure Insurance Plc, a member of Allianz Group, has announced a 28 per cent growth in its Gross Written Premium (GWP) as at end of November 2018, over N7.6 billion recorded in 2017.
Industry in panic mode as NAICOM takes ‘unilateral decision’ on TBMSC
The sudden change in the transition timetable of the Tier-Based Minimum Solvency Capital (TBMSC) regime to October 1, 2018, by the National Insurance Commission (NAICOM) has unsettled insurance sector players, as they lament the lack of consultations before the decision. NAICOM had earlier put the deadline for the implementation of this exercise at January 1,…
NCRIB tasks government on compulsory cover for construction
The Nigerian Council of Registered Insurance Brokers of Nigeria (NCRIB), has called on the Federal Government to adopt insurance policy into its housing programme at the construction stage to unlock the potential in the industry.
Stakeholders cite repetition for rejection of new corporate governance code
Stakeholders yesterday at the public hearing and sensitization on Nigerian Code of Corporate Governance (NCCG) 2018 in Lagos, rejected the draft, stating that most of the contents of the code were already in practice.
Underwriters woo brokers to unlock industry’s potential
To further deepen business relationship with the insurance brokers in the country, Sovereign Trust Insurance Plc hosted April edition of monthly Member Evening with the Nigerian Council...
NCRIB set to drive industry’s potential with brokerage firms
The Nigeria Council of Registered Insurance Brokers (NCRIB), has revealed its readiness to partner with the Nigerian Insurers Association (NIA), to ensure commission paid to brokers are higher than that of other intermediaries such as the agents in the sector. This was disclosed by the President of the Council, Shola Tiunubu, at the December edition…
NCRIB, NIPSS to drive industry efficiency with government institutions
Determined to drive acceptance of insurance policies in Nigeria, the Nigerian Council of Registered Insurance Brokers (NCRIB) has taken the industry awareness to the Nigerian Institute of Policy and Strategic Studies to unlock potentials in the nation’s insurance sector.
NCRIB promises unified business operations for firms
The Nigerian Council of Registered Insurance Brokers (NCRIB) has assured brokerage firms of value creation that would guarantee seamless business operations in the country. NCRIB President, Shola Tinubu, who gave the assurance at the December edition of Members’ evening hosted by AIICO Insurance Plc, said: “if there is anything that has occupied the minds of…