Archives for INSURANCE - Page 152
Oil Major Shuns Insurers’ N3 billion Capital
By Ngozi Onyeakusi --- In spite the cancellation of the Tier Based Minimum Solvency Capital (TBMSC), most insurance companies will still lose businesses they used to underwrite as…
NCRIB APPLAUDS NAICOM OVER SIP WITHDRAWAL
The National Insurance Commission (NAICOM) has ordered the immediate withdrawal and cancellation of Operational Guidelines on State Insurance Producers barely 24 hours after a fruitful town hall…
Wapic Insurance launches Innovative Travel Insurance Product
L-R: Group Head, Retail, Wapic Insurance Plc, Patrick Osadebe; Executive Director, Bode Ojeniyi; Chief Executive Officer, Adeyinka Adekoya; National President, National Association of Nigeria Travel Agencies, Bankole…
Two Microinsurance Outfits To Commence Operation In Nigeria
By Ngozi Onyeakusi --- There are strong indications that two microinsurance companies will soon commence operation as they were on the verge of securing regulatory approval to do…
Sovereign Trust Insurance surpasses 2018 N10.1bn …. Assures commitment for better performance
Sovereign Trust Insurance Plc., one of the leading underwriting firms in the country, has pledged commitment for greater performance come 2019. The quest for this greater…
STACO Insurance Delights Customers with Claims Payment
By Ngozi Onyeakusi -- STACO Insurance Plc, one of the leading underwriting firms in Nigeria known for its passion for high standards in the provision of exceptional…
Underwriters Charged On Insurance Potentials
Underwriting firms in the country have been charged to utilise and reap the huge insurance potentials in the country. The experts, who spoke at the inauguration of…
NAICOM Cancels Insurance Industry’s Recapitalization
The National Insurance Commission has cancelled the Tier Based Solvency Capital recapitalisation of the underwriting sector with immediate effect. The commission gave this notice in a circular…
Sovereign Trust Insurance Posts N9.3bn GPW in 2018 Q3 … Set To End year on Bright Note
From Ngozi Onyeakusi -- Sovereign Trust Insurance Plc has continued in its growth trajectory as the Underwriting Firm significantly grew its Gross Premium Written in the third quarter…
Consolidated Hallmark Insurance Set To Hold EGM
By Ngozi Onyeakusi -- Consolidated Hallmark Insurance (CHI Plc) is set to hold its Extraordinary General Meeting (EGM) come November 28, 2018. According to the firm, the…
