CIIN Counsels NYSC Members To Become Professional Insurers

By Sola Alabadan The Chartered Insurance Institute of Nigeria (CIIN) has counselled members of the National Youth Service Corps (NYSC) members to become professional members of...

Omosehin Vows To Enforce Market Discipline Among NIA Member

By Sola Alabadan The new Chairman of Nigerian Insurers Association (NIA), Segun Omosehin, has assured that the association will be collaborating with all operators to enforce...

NAICOM Encourages State Governments To Domesticate Compulsory Insurance Laws

By Sola Alabadan The National Insurance Commission, (NAICOM) has been engaging stakeholders, including state governments, towards ensuring the domestication of the compulsory insurance laws and improve...

Insurers, Pension Managers Urged To Introduce Incentives To Attract Informal Sector Operators

By Sola Alabadan Dr. Chinyere Almona, Director General/Chief Executive Officer, Lagos Chamber of Commerce and Industry (LCCI), has advised insurance and pension operators to come up...

NAICOM Promises Prompt Payment Of Claims To Flood Victims

By Sola Alabadan The management of National Insurance Commission (NAICOM) has assured policyholders who were affected by the flood ravaging some parts of the country, that...

Nigerian Insurers Retain 93% Life Business Premium, 55% Non-life Premium In Second Quarter

By Sola Alabadan The Nigerian insurance industry recorded 93 percent premium retention ratio in the Life business, while non-life recorded a ratio of 55 percent during...

New Guideline Allowing Use Of Pension Contributions For Residential Mortgage Excites Pension Operators

By Sola Alabadan The pension operators in Nigeria are excited that the National Pension Commission (PenCom) has finally issued the guidelines that allow Retirement Savings Account...

NAICOM Counsels Edo Government, Residents, To Embrace Insurance

Elumelu Charges Insurance Brokers To Lead War Against Unethical Practices

By Sola Alabadan The Chairman of Heirs Holdings, Tony Elumelu, has charged the Nigerian Council Of Registered Insurance Brokers (NCRIB) to lead the war against unethical...

Leadway Graduate Trainee Programme Graduates 30 Young Professionals

Leadway Assurance Company Limited has graduated 34 young professionals following their successful completion of the company’s 2022 Graduate Trainee Programme, and the successful trainees have been...

Sovereign Trust Pays N1. 5bn Claims In Six Months

In keeping faith with the promise to pay all genuine claims promptly, Sovereign Trust Insurance Plc paid claims totaling N1, 597,968,624, during the first half of...

Workers Can Now Use Pension Contributions For Residential Mortgage

By Sola Alabadan Retirement Savings Account (RSA) holders can now use 25 percent of their RSA balance to pay for residential mortgage, now that the National...

PenCom Denies Paying N3m As Minimum Monthly Salary

By Sola Alabadan The management of National Pension Commission (PenCom) has denied allegation that the least paid employee of the commission earns a salary of ₦3...

NAICOM Partners Kaduna State University To Build Lecture Theatre

By Sola Alabadan In furtherance of its resolve to promote insurance education and other related subjects towards achieving human capital development in Nigeria, the Management of...

Journalists Strive To Bring SMEs Into Insurance, Pension Safety Net

By Sola Alabadan As part of efforts to deepen financial inclusion in Nigeria, the 2022 Conference of the National Association of Insurance and Pension Correspondents (NAIPCO)...