Archives for INSURANCE - Page 141
Auwalu Muktari now Royal Exchange GMD
The Board of Directors of Royal Exchange Plc, Nigeria’s leading Insurance and Asset Management Group announced the appointment of Alhaji Auwalu Muktari, as the substantive Group Managing Director, with effect from June 15, 2016. This indication was made…
NCRIB calls for 2016 budget implementation
Practicing insurance brokers in the country, under the aegis of the Nigeria Council of Registered Insurance Brokers (NCRIB) have called for speedy implementation of the 2016 national budget. This, council…
WAICA commends Nigeria on ‘No Premium No Cover’
The Outgoing President, West African Insurance Companies Association (WAICA) Mr. Ivan Avereyireh, has commended Nigeria for implementing No Premium No Cover', a policy that facilitates rapid premium generation. Avereyireh described…
Insurance Penetration: Experts urge operators on innovations
The need to promote  insurance penetration took the centre stage yesterday in Lagos  as experts urged insurance companies across West African region to embark on initiatives and innovations that would deepen…
NCRIB engages NAICOM over 108 delisted members
Following recent delisting of some brokers by the insurance sector apex regulatory body, the National Insurance Commission (NAICOM), the President, the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Kayode Okunoren has  expressed optimism that the…
RBS to provide assessment of insurers’ risk
As the National Insurance Commission (NAICOM) plans a successful transition of insurance industry to a Risk-based Supervision (RBS) model this month, the director inspectorate of the commission Mr. Barineka Thompson,…
Guinea Insurance names Ugochukwu as chairman
Guinea Insurance Plc has announced the appointment of Barrister Godson Ugochukwu as the chairman of the company. The company equally announced its board’s approval of appointments of Mr. Anthony Achebe,…
FBN Insurance rewards staff
FBN Insurance Limited has appreciated excellent performance by rewarding its outstanding workers. Those recognised at the company’s Annual Retail Awards held at the company’s Retail Office in Lagos recently were…
Ebola: Insurance sector assures competence in risks mitigation
As the dreaded disease, Ebola Virus Disease (EVD) continue to spread across West African countries with its  attendant scourge on lives and economies, the need  for insurance as a succor…
Insurance: Making sector relevance through innovation, right product
The sector in 2014 witnessed  some leap, though saddled with challenges involved in preparing International Financial Reporting Standard (IFRS) based account.  This saw most insurance companies holding 2012 annual general…