Why more Nigerians need insurance policies – PILA

Mrs Justine Okoror, the President, Professional Insurance Ladies Association (PILA), has urged Nigerians to go for more insurance policies this year, despite the recession. Okoror...

Linkage Assurance profit down 5.5 percent in 9’M 2016

Linkage Assurance has released its interim financial statements, for the period ended 30th September 2016, showing a profit of N616.1 million. The profit represents a 5.5 percent...

Insurance: Rector identifies unethical practices as bane of growth

The Rector, College of Insurance and Financial Management (CIFMS), Lagos, Mrs Yeside Oyetayo, has identified unethical practices as bane to the growth and development...

Japanese insurance firm replaces 34 staff with AI

Science fiction has long imagined a future in which humans are ousted from their jobs by machines. For 34 staff at a Japanese insurance firm,...

We assist companies to comply with insurance laws – NAICOM

The National Insurance Commission (NAICOM) says it is playing its role in ensuring that insurance companies comply with the set rules and laws of...

2016: Recession, low penetration, corporate losses roil underwriting

The Insurance industry in 2016 has not been left out in the current economic meltdown in the country. About 30 percent of insurance companies...

Health Insurance: Lagos joins the scheme in 2017 – Ambode

Lagos State Governor, Mr. Akinwunmi Ambode, on Monday said the much awaited Health Insurance Scheme of the State would commence in early 2017, expressing...

Insurance remains last hope in times of recession – Thomas

The Director-General Nigerian Insurers Association (NIA), Sunday Thomas, has urged the public to secure their belongings even at a time that the country’s economy...

Insurance coys slash workers’ salaries, convert admin staff to marketers

The economic reality in Nigeria has begun to fall on Insurance companies in the country as many of them have slashed their workers’ salaries...

Custodian names Johnson chairperson

Custodian and Allied Group has announced the appointment of Dr. Omobola Johnson as the new chairperson of the board of the company, following the...

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