NAICOM to Screen Directors, Management Staff of Insurance Institutions

Directors and management staff of insurance firms, who lack relevant strategic and competent operational requisites may lose their positions in the current business year,...

UK motor insurance premiums in record high, as cars go hi-tech

Car insurance premiums in the UK have hit a record high, partly because cars' increasingly complex electronics have made repairs more expensive. The average annual...

NIA pledges prompt claims payment to policyholders

The Nigerian Insurers’ Association (NIA) has assured Nigerians that bought insurance policies of prompt claim payments. The Director-General of NIA, Mr Sunday Thomas, gave the...

Expert lauds NAICOM’s new rules for insurance firms

An Insurance expert, Mr Mufutau Oyegunle, has commended the National Insurance Commission (NAICOM) for its new rules to protect policyholders and beneficiaries of insurance...

NAICOM resolves N5bn claim disputes in 2016

The National Insurance Commission (NAICOM) on Friday said it resolved claims worth N5.5 billion for aggrieved policyholders in 2016. Mr Rasaaq Salami, the Head, Corporate...

New helmsman for Equity Assurance

The has approved the appointment of Mr. Morufu Olakunle Apampa as Managing Director and Chief Executive of Equity Assurance. Until the regulatory approval conveyed in...

Pension for Nigerians in the Diaspora, good omen – Dabiri-Erewa

The Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa, has described the proposed pension scheme for the Diaspora...

Assets base: NIA wants insurance firms focused on N16trn target

The Nigerian Insurers Association (NIA) has urged insurance firms to remain focused in order to meet the sector’s N16 trillion asset base target by...

Distribution channels will deepen insurance penetration – NAICOM

The National Insurance Commission (NAICOM) says that the introduction of distribution channels would help in deepening insurance penetration in the country. Mr Rasaaq Salami, Head...

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...

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