Claims refusal: Underwriters risk losing N30bn industry contribution to statutory deposit

Matthew Otoijagha Underwriting companies that refuse to pay genuine claims risk losing substantial part of their contributions…

Underwriting firms face acquisition, mergers over poor capitalization

Matthew Otoijagha More than two-thirds of insurance companies are valued below the minimum capital requirement to…

LASACO Assurance to sell 40b shares

LASACO Assurance Plc plans to issue up to 40 billion ordinary shares of 50 kobo each…

Sunu Assurance Appoints Mazars Coker & Co. as External Auditors

Sunu Assurance Nigeria Plc, formerly Equity Assurance has engaged the service of Mazars Coker & Co.…

Solvency requirement: Good initiative by NAICOM

It is commendable that the National Insurance Commission (NAICOM) introduced a 3 -tier based recapitalization for…

Leadway Assurance supports new capital regime

Leadway Assurance among other insurance firms in Nigeria has stepped forward to support the introduction of…

CIIN calls on Abuja residents to make insurance top priority

Matthew Otoijagha The Chairman of Abuja chapter of the Chartered Insurance Institute of Nigeria, Dr. Bola…

We’ll play in tier one category -FBN Insurance

Matthew Otoijagha FBN Insurance Limited has said it will play in tier one category when the…

NAICOM raises capital base for insurance firms by over 100%

The National Insurance Commission (NAICOM) has released the new capitalisation requirements for insurance firms in the…

CEOs of insurance companies panic over emergency meeting

Matthew Otoijagha Panic has gripped the Chief Executive Officers of insurance firms following the invitation extended…

Tope Smart takes over as new helmsman of NIA

Matthew Otoijagha Insurance operators under the umbrella body of Nigerian Insurers Association (NIA) on Thursday elected…

LASACO Assurance pays N8.775million as fine

Matthew Otoijagha LASACO Assurance Plc. has paid a total of N8.775million to the Securities and Exchange…

Out-going Chairman, NIA presents impressive score card

Matthew Otoijagha The Chairman of Nigerian Insurers Association (NIA), Eddie Efekoha on Monday tendered his score…

Insurance industry conference set to hold July 8th

Matthew Otoijagha The Insurance Industry Consultative Council (IICC) which is the umbrella organization for all insurance…

Industry targets 150 million insurance consumers in new campaign

Matthew Otoijagha The Insurers Committee, an association of insurers and the regulatory body- National Insurance Commission…

Akwa-Ibom Gov. commissions Anchor insurance house in Uyo

Governor Udom Emmanuel of Akwa Ibom State has tasked Anchor Insurance Company Limited to strive to…

Association of insurers begins rebranding campaign

Matthew Otoijagha The Insurers Committee, an association of insurers and the regulatory body, National Insurance Commission…

Insurance operators urged to expand capacity to absorb more risks

Insurance companies across Africa have been urged to expand their capacity to absorb more risk, in…