Archives for INSURANCE - Page 148
Faces at ongoing NAICOM Seminar for Journalists in Kano
The Acting Commissioner for Insurance, Thomas Sunday (middle); President, National Association of Insurance & Pension Correspondents (NAIPCO), Omobola Tolu-Kusimo (immediate right); Director, Finance & Accounts NAICOM, Adamu Balanti; other NAICOM…
Stakeholders Commends NAICOM for extending recapitalisation deadline
Shareholders and operators in the Insurance Sector have commended the National Insurance Commission (NAICOM) for extending the deadline for the recapitalisation of the Insurance and Reinsurance Companies, earlier fixed for…
African Alliance Shareholders Restate Commitment For Firms Recapitalization Drive
L-R: Alhaji Ahmed Nahuche, Non-Executive Director; Olabisi Adekola, Executive Director, Finance; Dr Anthony Okocha, Chairman of the Board; Funmi Omo, Managing Director/Chief Executive Officer; Sylva Ogwemoh (SAN), Non-Executive Director all…
Sovereign Trust Insurance lists additional 4.17bn ordinary shares on NSE
Sovereign Trust Insurance (STI) Plc. has said that an additional 4,170,411,648 of its ordinary shares were on December 23, 2019, listed on the Daily Official List of the Nigerian Stock…
Insurance rebranding project freezes as Recapitalisation fever grips Insurers in 2019
The business operating environment seems tough for companies, especially, in the insurance sector of the economy. Though, there was an improvement in the value and volume of claims paid by…
Royal Exchange Appoints Wale Banmonre Group MD, John Iwuajoku ED Operations
Banmonre By Ngozi Onyeakusi -- The Board of Directors of Royal Exchange Plc, Nigeria’s leading Insurance and Financial Services Group has announced the appointments of Mr. Olawale O. Banmore as…
Photo: NAIPCO Party In A Grand Style
National Association of Insurance and Pension Correspondents (NAIPCO), End of the year party, High point of the Event: Cutting of cake
Consolidated Hallmark Insurance Secures NAICOM Approval For Micro insurance
By Ngozi Onyeakusi-- Consolidated Hallmark Insurance (CHI Plc), one of the foremost underwriting firms in the country has secured approval-in-principle from the National Insurance Commission (NAICOM) to operate CHI Micro…
Sovereign Trust Insurance Rolls Out Right Issues Scorecard
By Ngozi Onyeakusi-- Following a successful completion of the Rights Issue Offer of Sovereign Trust Insurance Plc, the Securities and Exchange Commission, (SEC) has given to the underwriting firm approval…
Insurance Industry Recapitalization To Increase Safety, Soundness, Boost Financials Of Firms– Amed
By Ngozi Onyeakusi -- The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, Monday said that the recapitalization in the insurance Industry was necessary to ensure soundness of…
