Archives for INSURANCE - Page 128
NEM Insurance appoints Idowu Semowo as CFO
By Ngozi Onyeakusi----- NEM Insurance Plc, a major player in Nigeria’s insurance sector has announced the appointment of Mr. Idowu Semowo as its new Chief Financial Officer. In a notice…
Compulsory Insurances: NCRIB Lauds NAICOM For Partnering Fire Service
L-R: The Deputy Executive Secretary, Nigerian Council of Registered Insurance Brokers, Mr. Tope Adaramola; NCRIB Board Member, Alhaja Rashidat Shittu; Executive Secretary, Mr. Fatai Adegbenro; President, Dr. (Mrs.) Bola Onigbogi;…
Photo: NAICOM & Fed. Fire Service Kick Off Compulsory Public Building Insurance
The National Insurance Commission and the Federal Fire Service have resolved to commence the enforcement of compulsory public building liability insurance in earnest across the country. This was part of…
Leadway Assurance Harps on need to mitigate cyber risks
By Ngozi Onyeakusi--- Corporate entities, institutions, religious organizations and individuals have been urged to provide necessary measures to protect their database and computer networks from attacks by hackers. Speaking recently…
Insurers need to increase reinsurance process efficiency: Sequel
By Matt Sheehan---- Analysts at Sequel have argued that insurers need to rethink their “highly inefficient approach” to reinsurance buying, alongside the release of the latest version of the Sequel Re…
Insured property asset growth outpaces GDP, despite pandemic: PERILS
By STEVE EVANS--- Insured property asset values continues to expand at a rate generally faster than GDP growth despite the effects of the pandemic and the recessions it has caused around…
Great Nigeria Insurance Stays Committed To Claims Settlement: Pays N501 Million In Q1 Of 2021
Cecilia Osipitan, MD/CEO GNI By Ngozi Onyeakusi------ Great Nigeria Insurance Plc, has continued to affirm its willingness and capacity to honour all genuine claims as and when due. The…
AIICO Distances Self From Claims of Non-Remittance of Pension Assets to PTAD
Babatunde Fajemirokun, MD/CEO, AIICO The attention of the Management of AIICO Insurance Plc. has been drawn to a recent report in the media on allegations of non-remittance of pension assets…
Insurance of the fiture must be customer friendly— Leadway
Leadway Assurance Logo By Ngozi Onyeakusi---- Insurance companies that want to remain relevant in the nearest future must conciously create digital channels that are customer friendly, customer-centric and always make…
NAIC Settles N1.7bn Claims to Farmers
The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government…
