Archives for INSURANCE - Page 202
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…
Insurance sector popularity driven by huge potentials
The Nigerian insurance sector has over the last three year remained toast of potential foreign investors. Consequently, the sector in 2015 witnessed influx of foreign players who deemed the market…
Economy Rebasing: Insurance Sector Struggles for Relevance
The recent rebasing of the nation’s economy which placed Nigeria as the first largest economy in the Africa and 26th in the world, has indeed placed more responsibilities on the…
