By Asishana John Chief executive officer Kenya-based insurance technology firm, Lami Technologies, Jihan Abass said there is a huge opportunity for insurers to step up income level by developing products that meet women’s needs. The 27-year-old founder and CEO said…
By Asishana John As the world emerges from the COVID-19 pandemic, insurers’ strategic focus is now turning to what the competitive landscape will look like in the aftermath, what it means for their business, and how to come out in…
By Asishana John Prestige Assurance Plc has assured that it will meet the remaining portion of the capital base set by industry regulator, National Insurance Commission (NAICOM), notwithstanding the difficulty in raising the amount, which second tranche deadline is set…
By Asishana John In a drive to make the National Health Insurance Scheme (NHIS) mandatory for every Nigerian, the legislative arm has passed the NHIS Act into law and it is now awaiting final assent by the President Muhammadu Buhari.…
The National Insurance Commission (NAICOM) and the Federal Ministry of Transportation are collaborating to ensure the provision of adequate insurance for road transport owners and users within Nigeria and Economic Community of West African States (ECOWAS) member countries. Their objective…
Cornerstone Insurance has recorded a drop in its full year 2020 profit by as much as 46.6 per cent despite a signifcant improvement in its gross premium written (GPW), according to its financial report seen by Nigerian NewsDirect agent. The…
By Asishana John Insurance Scheme(NHIS), and Silverbird Group have partnered to deepen awareness of members of the public on Universal Health Insurance, other programmes. Both parties entered this understanding at a parley between the Executive Secretary of NHIS, Prof. Mohammed…
By Asishana John The Institute and Faculty of Actuaries (IFoA) has awarded a Quality Assurance Scheme accreditation to AIICO Insurance, making the firm the first in Nigeria to bag such feat. AIICO’s Chief Actuary, Mr Wycliffe Obutu announced this in…
By Asishana John The Contributory Pension Scheme (CPS) assets that lost some funds in February has recorded N92 billion increased in March. The National Pension Commission (PenCom) disclosed this in its official website, in the unaudited report on pension funds…
By Asishana John Sovereign Trust Insurance Plc has announced a Profit Before Tax (PBT) of N510 million for the first quarter of 2021. A statement made available by the insurer on Tuesday in Lagos indicates that the figure represents 66…
