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Saturday, November 26, 2022

Insurance Industry Migrates To Suspicious Transactions Reporting

In furtherance of their responsibilities under the Anti-money Laundering and Financial Terrorism Act, insurance companies in the country are now transiting from Cash Transactions...

Insurance Firms Disagree With NAICOM On Premium Income

There seem to be a major disagreement between insurance industry regulatory body, the National Insurance Commission (NAICOM) and the industry operators on the volume...

Insurers To Raise Bar On Manpower Development

Insurance managers have said that they would give staff training prominence in their budget proposals for 2013. The insurers said this is to enhance...

Brokers Advised On Creativity

Insurance managers have been advised to adopt Creative thinking, professionalism and adaptation as way forward for the changing dynamics of clients needs in the...

NAICOM To Dialogue With Operators On ‘No Premium No Cover’

National Insurance Commission (NAICOM) said it has concluded plans to meet with representatives of underwriters and brokers for the purpose of finding solutions to...

Judiciary Needs to Strengthen Deposit Insurance Practice – CJN

Justice Aloma Muktar, the Chief Justice of Nigeria (CJN), has described the role of the judiciary as critical in strengthening deposit insurance laws and...

NAICOM Approves Old Mutual’s Acquisition of Oceanic Life Insurance

The National Insurance Commission (NAICOM) has sanctioned the acquisition of Oceanic Life Insurance Limited, a former subsidiary of the defunct Oceanic Insurance Company Limited...

Miss Insurance Pageant To Hold On Friday

The 2013 Miss Insurance beauty pageant, a baby of the umbrella organization for insurance professionals in the country, Chartered Insurance Institute of Nigeria (CIIN),...

Expert Warns Against Anchoring Insurance Campaign On Settled Claims

Chief Yemi Soladoye, the Chief Consultant for the National Insurance Commission (NAICOM) on the Market Development and Restructuring Initiative (MDRI) and Micro-insurance, has criticized...

Using Life Assurance To Protect Dependants From Eventualities

Nigerians generally have apathy for insurance, particularly life assurance. However, if one has dependants who may suffer lack when he is no more or...

Bayelsa institutes health insurance policy

Bayelsa State gvernor, Mr. Seriake Dickson, has inaugurated the state’s Health Insurance Policy Development Committee, with a charge to articulate a comprehensive health insurance...

Late Budgeting Shouldn’t Affect Insurance Premium Payment – Osijo

Mrs. Laide Osijo, President, Nigerian Council of Registered Insurance Brokers, says the sector is now more proactive and contributing to government policies and programmes....

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