NAICOM urges brokers to expand across Nigeria

The National Insurance Commission has urged insurance brokers to establish their presence in all the nooks…

NAICOM urge brokers to establish presence across Nigeria

Matthew Otoijagha The National Insurance Commission has urged Insurance Brokers to establish their presence in all…

NAICOM moves to ensure judicious use of multi-billion Naira recapitalization funds

Matthew Otoijagha The National Insurance Commission (NAICOM) has pledged to develop a framework that will ensure…

Underwriting firms optimistic of more premium in 2020

Matthew Otoijagha The nation’s underwriters are optimistic that the industry would make more premium income from…

Efekoha tasks insurers to restructure operations

The President, Chartered Insurance Institute of Nigeria, Mr Eddie Efekoha, has urged insurance firms to restructure…

Ship-owners want suspension of duty on new vessels

Matthew Otoijagha Ship-owners have called for the suspension of duty on new vessels acquired by Nigerians.…

Insurers to raise N50 billion fresh capital for recapitalisation

Out of the 58 insurance companies in the nation’s economy, seven have reached to their investors…

Underwriting firms record significant increase in Q3 2019

Matthew Otoijagha Fortunes of some insurance operators have recorded a significant increase in the third quarter…

Insurers raise hopes on improved sector returns

MATTHEW OTOIJAGHA Determined to increase the shareholder’s confidence in the nation’s insurance industry, underwriting companies have…

Insurance shareholders want June 2020 recapitalization deadline extended

Matthew Otoijagha Shareholders of some Insurance companies want the National Insurance Commission (NAICOM) to review its…

Insurance Commissioner regrets poor corporate governance practices in insurance firms

Matthew Otoijagha The Acting Commissioner for Insurance, Sunday Thomas, has said the low level of effectiveness…

Insurance expert warns against fraudulent scheme

Matthew Otoijagha An expert in the nation’s insurance industry has warned Nigerians against the “Standard Payment…

Recapitalization will stimulate accumulation of long-term fund for development-NAICOM

Matthew Otoijagha The National Insurance Commission (NAICOM) has expressed optimism that the successful completion of the…

Expert stresses need for increased agric insurance uptake

Matthew Otoijagha There now seems to be an urgent need for increase in agriculture insurance uptake…

Insurers, Banks Target N270bn Premium From Imported Cargoes

There are ongoing discussions between insurers and the Central Bank of Nigeria (CBN), the banking community…

Insurers ‘Wetin You Carry’ campaign hits the billboards

Matthew Otoijagha The Nigerian Insurers Association (NIA) has launched a campaign tagged, ‘Wetin You Carry’ aimed…

Six underwriting firms beef-up their financial base

Matthew Otoijagha While many insurance companies are yet to disclose their recapitalization plans as mandated by…

Investors want conversion of failed firms to micro-insurers

Matthew Otoijagha Experts in the nation’s insurance industry have called on Federal Government through the National…

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