Insurance Archives - Page 2 of 26 - Business Journal

AIICO Insurance Plc has restated its commitment in ensuring a deliberate and sustained collaborative partnership with members of the National Association of Insurance and Pension Correspondents (NAIPCO) to actualise the company’s objectives, ensure the industry’s growth and contribute to the nation’s economy. The Managing Director and Chief Executive Officer of the firm, Mr Babatunde Fajemirokun,

  Dr. Akin Ogunbiyi Chairman Mutual Benefits Assurance Plc Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc has called on government at all levels in Nigeria to support and patronize the Nigerian insurance industry to achieve its objective, support the nation’s economy, ensure returns on investments as well as achieve capital adequacy. Ogunbiyi made the

 Mr. Austin Enajemo-Isire, Chairman, Nigeria Social Insurance Trust Fund (NSITF) says there is urgent need to consider alternative strategies to retool the economy for survival and growth even as he called for the review of the Pension Reform Act (PRA) to enable those in Real sectors of the economy have access to Insurance and Pension fund

The 2020 edition of the annual Conference of the National Association of Insurance and Pension Correspondents (NAIPCO), is now set to hold on Wednesday,4th of November, 2020 at Four Points By Sheraton Hotel, Victoria Island, Lagos by 10:00am. Accordingly, experts as well as stakeholders in the financial services sector will converge to deliberate on how

Universal Insurance Plc has unveiled an array of innovative products to drive market share and deepen insurance penetration in the country. The Third Party Fire and Theft Insurance Cover offers the middle-ground level of protection as it would give the policyholders a better level of cover than third-party only, but you wouldn’t be as well

Linkage Assurance Plc has grown its total assets to N32.9 billion at the end of third quarter 2020, a 14.63 percent increase from N28.7 billion in the same period in 2019. This is contained in the Company’s unaudited financial statement for the period ended 30th September 2020 made available to the Nigerian Stock Exchange (NSE). According

The Nigerian Council of Registered Insurance Brokers (NCRIB) and the National Association of Insurance and Pension Correspondents (NAIPCO) are set for for a pragmatic partnership to boost insurance awareness and growth in Nigeria. During a courtesy call on the leadership of NCRIB by the new EXCO of NAIPCO, Mrs. Bola Onigbogi, the President of NCRIB

Mr. Ben Ujoatuonu Managing Director/CEO Universal Insurance Plc Universal Insurance Plc paid over N1.2 billion to its policyholders in the past five (5) years to maintain its enviable position in the insurance industry in Nigeria as an underwriter that settles claims at the nick of time. Such customer-friendly record has now endeared the company to

> L-R: Financial Secretary, the National Association of Insurance and Pension Correspondents(NAIPCO), Mr. Mathew Otoijagha; General Secretary, NAIPCO, Mr. Zaka Khaliq; Honourary Treasurer, the Nigerian Council of Registered Insurance Brokers(NCRIB), Mr. Wale Oshodi; PRO, NAIPCO, Mrs. Amaka Obiefuna; Vice President, NCRIB,  Mr. Tunde Oguntade; the President, NCRIB, Mrs. Bola Onigbogi; the Chairman, NAIPCO, Mr. Chuks

Insurance and pension experts, in addition to other stakeholders in the financial services sector of the Nigerian economy are expected to explore investment strategies for their various sectors in order to maximise profit and remain in business, especially in the midst of the COVID-19 pandemic. The deliberation, which would take place at the 2020 annual

L-R: Daniel Braie, Managing Director/CEO, Linkage Assurance Plc and Amb. Kanu Nwankwo , Former Captain of Super Eagles of Nigeria during Linkage Assurance Plc’s 2020 Customer Service Week held at the Company’s head office in Lagos.

According to the Africa Insurance Pulse, on “The digitization Africa’s Insurance markets”, launched by the Africa Insurance Organisation (AIO), digitization will enhance the appeal and affordability of risk transfer products in Africa. Underwriting and risks management will benefit from improved access to data and analytics. At the same time, technology will help streamline the insurance

Mr. O. S. Thomas Commissioner for Insurance National Insurance Commission (NAICOM) The National Insurance Commission (NAICOM) has signified its intention to digitally transform the insurance in Nigeria via its 24/7 portal in line with growing trends around the world, especially as a fallout of the COVID-19 pandemic on virtual business processes. Mr. O. S. Thomas,

For many years, the reinsurance markets of sub-Saharan Africa (SSA), though small by global standards, have provided global reinsurers with an opportunity for diversification and profitable revenue growth. However, competition and rising acquisition costs have led to a gradual deterioration in the performance of market participants, reducing the attractiveness of the region to potential new

American Financial Group has reached a deal to unload Lloyd’s insurer Neon for an undisclosed price. RiverStone Holdings Lt. is the buyer in a transaction that will acquire from AFG GAI Holding Bermuda and its subsidiaries – the legal entities that own Neon. Plans call for closing the deal in the 2020 fourth quarter, pending