Old Mutual offers to training 15,000 in financial education

Matthew Otoijagha   Old Mutual Insurance has in line with its Corporate Social Responsibility (CSR) initiative…

Underwriters still battling to pay claims on Dana air crash

  Four years after a Lagos-bound Dana Air aircraft from Abuja, crashed into a two-storey building,…

Life Insurance firms plagued by huge claims payments

Some Life Insurance companies in 2016 paid huge net claims which gulped their net premium income,…

Leadway, AIICO, others get PenCom clearance to bid FG contracts

Matthew Otoijagha The National Pension Commission (PenCom) has issued compliance certificates to 353 companies to bid…

Large number of insurance firms post negative reserves

Matthew Otoijagha Twenty nine insurance companies have negative reserves a report by the Nigerian Insurers Association…

Underwriting firms spends N68.57bn for expansion

Some insurance companies have so far borrowed about N68.57 billion to support their operations, it has…

Only four States have insurance cover for workers

Matthew Otoijagha   Only four states in the country have complied with the compulsory Group Life…

Agusto report reveals poor performance of insurers’ investment portfolios

  Matthew Otoijagha The 2018 Nigerian Insurance Industry report by Agusto & Co. has revealed poor…

NILA, Law firm collaborate on insurance laws review

In partnership with the Nigerian Insurance Law Association (NILA), Adegboyega Adepegba & Co has concluded plans…

Insurance industry growth due to strict regulation-Kari

Matthew Otoijagha The Commissioner for Insurance, Alhaji Mohammed Kari, has said proper regulation of the Nigeria’s…

Struggling insurance firms made N572.43m income in 2016

Some insurance companies, numbering eleven (11) made just N572.43 million from their investments in 2016, according…

NCRIB to register its interested members with LCCI

Matthew Otoijagha The Nigerian Council of Registered Insurance Brokers (NCRIB) is at the verge of concluding…

Brokers, agents receive over N33.6bn commission in 2016

Matthew Otoijagha Underwriters paid over N33.6 billion to brokers and agents in 2016, it was reliably…

Shareholders fault delayed intervention in UNIC Insurance

Matthew Otoijagha Shareholders have expressed concerns over the intervention made by the National Insurance Commission (NAICOM)…

UNIC Insurance: NAICOM accused of calling in the undertakers

Matthew Otoijagha Just as the National Insurance Commission (NAICOM) came out last week to confirm the…

FIRS to address double taxation in insurance sector

  Matthew Otoijagha The Federal Inland Revenue Service has promised to address controversial tax issues in…

CIIN demand for recognition of professionals in govt service

Matthew Otoijagha   The Chartered Insurance Institute of Nigeria (CIIN) has once again, taken the demand…

NAICOM takes over UNIC Insurance

  Matthew Otoijagha  The National Insurance Commission (NAICOM) has taken over the management of UNIC Insurance…

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