NDIC backs recapitalization of banks, says Nigeria needs bigger banks for $1trn economy
.Reaches advanced stage in review of maximum deposits insurance
Nigeria Deposit Insurance Corporation (NDIC) has backed the Central Bank of Nigeria's (CBN) proposed recapitalisation of...
Insurance industry celebrates passage of Consolidated insurance Bill, predicts bright future for sector
Insurance industry celebrates passage of Consolidated insurance Bill, predicts bright future for sector
The National Insurance Commission (NAICOM) has warmly welcomed the passage of the...
How insurance industry can fare better in 2022 — Stakeholders
Stakeholders in the insurance industry on Sunday charged operators to do more in 2022 to increase penetration and its contribution to the nation’s Gross...
Heirs Insurance Group fasttracks market expansion through digital channels. .Commits to transforming lives...
With strong commitments on tackling many of the challenges confronting the growth of insurance industry in Nigeria, two leading insurance companies; Heirs Insurance Limited (HIL) and Heirs Life...
PenCom warns employers submitting incomplete remittance documentations to PFAs
....Threatens actions against defaulters
National Pension Commission (PenCom) has given employers with incomplete remittance documentations till December 31,2023,to provide their Pension Fund Administrators (PFAs) requisite...
African Alliance Pays N43.4bn Claims
CHIGOZIE AMADI
African Alliance Insurance Plc, said it has paid over N43.4 billion claims under the leadership of the immediate past Managing Director/CEO Dr. (Mrs)...
NAICOM reaffirms commitment to insurance sector growth through technology
The National Insurance Commission (NAICOM) has reaffirmed its commitment for an enabling environment to enhance the growth and development of the insurance industry.
The Commissioner...
Leadway Pays N67.1bn Claims, Maintains Position as Industry Leader
Leadway Assurance Company Limited said it paid a total of N67.1bn in claims as at December 31, 2023 .
CHIGOZIE AMADI
With this, the company said...
Lagos pays N2 billion premium insurance of its 73,000 workforce
Lagos State Goverment has paid not less than N2 billion premium insurance of its 73,000 workforce in the last one year.
The premiums payment covers...
African Alliance fetes Brokers, restates commitment to better business relationships
. Pays N1.42bn claims in first two months of 2022, to host NCRIB Abuja
Foremost life insurer, African Alliance Insurance PLC, has restated its commitment...
