Archives for INSURANCE - Page 176
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…
Apere now Linkage Assurance MD as Wiggle bows out
The National Insurance Commission (NAICOM) has confirmed the appointment of Dr Pius Apere as the substantive Managing Director/ Chief Executive Officer of Linkage Assurance Plc. Apere was appointed acting managing…
Linkage Assurance launches unique retail products
Linkage Assurance Plc today introduced into the Nigerian insurance market, retail insurance products aimed at assisting policyholders in risk mitigation. These products, Linkage Purple Motor Plus and Linkage Third Party…
Electronic accounts submission in Insurance industry kicks off this year… NAICOM
The National Insurance Commission (NAICOM), has disclosed plans for the commencement of transition to electronic submission of accounts by insurance companies come this 2017. The Commission while disclosing this noted…
Compulsory Insurance: NAICOM bent on practitioners training
Given the low level of compliance with the compulsory insurance in Nigeria, Insurance Industry Thursday held a robust training for operators on this aspect of insurance. Here is the speech…
Kemi Adeosun to play host at insurance sector retreat
Born out of the desire to promote insurance penetration across the county, the National Insurance Commission, NAICOM has concluded plans for a multi-sector gathering at its first annual retreat through…
