Archives for INSURANCE - Page 156
Standard Alliance settles N2.1 billions claims in 2016
Standard Alliance Insurance Group said it settled claims worth billions during the 2016 financial year. A break down of the claims payment showed that million was paid under its non-life…
Law Union & Rock settles N380 million claims in 2017 Q1
Law Union & Rock Insurance Plc. said it has settled claims worth N380 million within the first quarter of this year against billion paid in the 2016 financial year and…
The Ombudsman eulogises Lijadu
The Ombusman, a journal of Insurance Law and a publication of Adegboyega Adepegba & Co. Legal Practitioners, Nominees, Arbitrators, Trainers and Publishers will in its special edition to be released…
Naira Appreciation: NCRIB lauds CBN
The Nigeria Council of Registered Insurance Brokers (NCRIB) has commended the Central Bank of Nigeria (CBN) over the recent appreciation of Naira against other foreign currencies. The President of the…
SPEECH DELIVERED BY THE PRESIDENT OF THE NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS, MR. EMMANUEL KAYODE OKUNOREN, FIIN, FCIB AT THE 2017 FIRST QUARTER PRESS CONFERENCE HELD ON FRIDAY, MARCH 31, 2017 IN LAGOS.
SPEECH DELIVERED BY THE PRESIDENT OF THE NIGERIAN COUNCIL OF REGISTERED INSURANCE BROKERS, MR. EMMANUEL KAYODE OKUNOREN, FIIN, FCIB AT THE 2017 FIRST QUARTER PRESS CONFERENCE HELD ON FRIDAY, MARCH…
NAICOM commences enforcement of compulsory insurances of public buildings
The National Insurance Commission (NAICOM) will today commence the enforcement insurances of public buildings across the country. This is in line with the provision of Section 65 of the Insurance…
Guinea Insurance posts N1.01 billion gross premium
Guinea Insurance has recorded a gross premium income of billion for the financial year ended 31st December, 2015 as against million recorded in 2014. Profit Before Tax increased by 226%…
Adeosun resolves PenCom, NAICOM dispute over N140bn annuity fund
The Nigerian Minister of Finance, Kemi Adeosun, has the dispute between the National Pension Commission (NAICOM) and the National Insurance Commission (PenCom) over a circular issued by PenCom directing life…
Insurance sector to become 15 largest in world by 2020… CBN
The Central Bank of Nigeria (CBN) has disclosed plans of positioning the Nigerian insurance industry among the 15 largest in the world come the year 2020. The apex said a…
Guinea Insurance Chairman pledges positive reforms
The recent retirement announcement of the erstwhile Chairman and four Directors from the Board of Guinea Insurance Plc, having served over nine years, came on the heels of NAICOM’s move…
