Archives for INSURANCE - Page 90
Compulsory Insurances: NAICOM gets FCT Minister’s support
From left: Commissioner for Insurance, Olorundare Sunday Thomas; Chairman, Governing Board National Insurance Commission, Chief Emmanuel Jideofor Nwosu and Minister of FCT. Mallam Mohammed Musa Bello at the event in…
Prestige Assurance Posts 41.15% Rise In GPW To N3.004 In Q1 2021
Prestige Assurance Plc, a major player in the insurance sector has released its unaudited financial statements for the period ended 31st March 2021 with rise in gross premium written to…
CBN Appoints Tunde Hassan-Odukale Chairman First Bank of Nigeria
The Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, on Thursdady announced the appointment of Tunde Hassan-Odukale, as Chairman, First Bank Nigeria (FBN) Plc. Tunde untill appointment has been…
Sunu Assurances posts 53.1% growth in GPW
Sunu Assurances Nigeria Plc, an insurance company offering non-life insurance for the domestic and corporate sectors as well as asset management and health management services has released its statement of profit or loss…
NEM Insurance appoints Idowu Semowo as CFO
By Ngozi Onyeakusi----- NEM Insurance Plc, a major player in Nigeria’s insurance sector has announced the appointment of Mr. Idowu Semowo as its new Chief Financial Officer. In a notice…
Compulsory Insurances: NCRIB Lauds NAICOM For Partnering Fire Service
L-R: The Deputy Executive Secretary, Nigerian Council of Registered Insurance Brokers, Mr. Tope Adaramola; NCRIB Board Member, Alhaja Rashidat Shittu; Executive Secretary, Mr. Fatai Adegbenro; President, Dr. (Mrs.) Bola Onigbogi;…
Photo: NAICOM & Fed. Fire Service Kick Off Compulsory Public Building Insurance
The National Insurance Commission and the Federal Fire Service have resolved to commence the enforcement of compulsory public building liability insurance in earnest across the country. This was part of…
Leadway Assurance Harps on need to mitigate cyber risks
By Ngozi Onyeakusi--- Corporate entities, institutions, religious organizations and individuals have been urged to provide necessary measures to protect their database and computer networks from attacks by hackers. Speaking recently…
Insurers need to increase reinsurance process efficiency: Sequel
By Matt Sheehan---- Analysts at Sequel have argued that insurers need to rethink their “highly inefficient approach” to reinsurance buying, alongside the release of the latest version of the Sequel Re…
Insured property asset growth outpaces GDP, despite pandemic: PERILS
By STEVE EVANS--- Insured property asset values continues to expand at a rate generally faster than GDP growth despite the effects of the pandemic and the recessions it has caused around…