FBN Insurance has claimed the World Finance Global Insurance Award as the Best Life Insurance Company…
Insurance
Insurers get extension for filling of Q1’2020 financial report
The National Insurance Commission has extended the submission of first quarter returns of insurance companies by…
Prestige Assurance Proposes Rights Issue of 13.635bn ordinary shares
Prestige Assurance Plc has informed the investing public of its proposed rights issue of Thirteen Three…
Consolidated Hallmark Insurance Proposes Rights Issue of 2.03bn Ordinary Shares
Consolidated Hallmark Insurance Plc has announced the Proposed Rights Issue of 2,032,500,000 Ordinary Shares of 0.50K…
NAICOM seeks review of Insurance Law
The acting Commissioner for Insurance, Mr Sunday Thomas, says some aspects of the country’s insurance laws…
Recapitalisation: NAICOM plans buffer for Insurance Companies
The acting Commissioner for Insurance, Mr Sunday Thomas recently said that National Insurance Commission will support…
Consolidated Hallmark Insurance Proposes Rights Issue of N2.03bn
Consolidated Hallmark Insurance has notified the Nigerian Stock Exchange of its proposed rights issue of N2,032,500,000.…
Insurers worry over new VAT rate
Insurers have expressed their concerns over the new VAT rate that becomes effective this month, February,…
Insurers lauds NAICOM on deadline extension for Recapitalisation
The Nigerian Insurers Association has applauded the National Insurance Commission for its recent circular on extension…
Insurers commend NAICOM’s initiatives
Stakeholders in the industry have commended the National Insurance Commission for initiatives introduced to develop the…
NAICOM extends license renewals for brokers
The National Insurance Commission (NAICOM) has approved the renewal of the licenses of insurance brokers and…
Recapitalisation: NAICOM extends insurers’ deadline to December 2020
The National Insurance Commission has extended the recapitalisation deadline for insurance companies earlier slated for June…
Sovereign Trust Insurance lists 4.17bn rights shares
Sovereign Trust Insurance Plc has listed additional 4.17 billion ordinary shares of 50 kobo each on…
NAICOM urges brokers to explore hinterland
The National Insurance Commission (NAICOM) has lamented the over concentration of brokerage firms in major cities…
Insurers seek capital raise from SEC
A few insurance companies have approached the Securities and Exchange Commission as part of their efforts…
Africa Re, IFC receive encomium on contributions to agric business
Matthew Otoijagha Participants to the just concluded African Reinsurance Corporation and International Finance Corporation (IFC) Agriculture…
Niger Insurance new CEO vows to settle all outstanding claims, soonest
Matthew Otoijagha Niger Insurance Plc has in the past nine months of this year, paid over…
Farmers worried over withholding of insurance premium by banks
Matthew Otoijagha Farmers in the country have expressed concern over the withholding of insurance premiums by…