The Yobe state government through the Commissioner of Housing and Urban Development, Arch. Ahmed Buba Abba has tasked the National Insurance Commission (NAICOM) to formulate policies and Programmes that will make the insurance sector attractive to Nigerians. The Honourable Commissioner…
The Commissioner of Insurance and Chief Executive Officer of National Insurance Commission (NAICOM), Olorundare Sunday Thomas has disclosed that the total assets of the insurance sector grew at an average of 12 percent from an asset base of N827.5 Billion…
Some financial experts have charged operators in the insurance and pension industries to adopt more creative and innovative ways in their business approaches. They gave the advice at the 8th annual national conference of the Nigerian Association of Insurance and…
AIICO Insurance Plc, a key player in Nigeria’s insurance sector, took a significant stride towards elevating customer engagement by hosting its inaugural Annuitant Forum. This event underscored AIICO’s unwavering dedication to service excellence and customer-centricity. A statement signed by Head,…
The Managing Director, Cornerstone Insurance Plc, Mr Stephen Alangbo has said that the total assets of the company hit N70 billion at the end of second quarter of 2023. Alangbo, also Chief Executive Officer (CEO) of the insurance company…
The National Pension Commission (PenCom) has disclosed that the 2023 online verification and enrolment exercise for retirees will commence on October 2nd 2023 and run till December 31st 2023. According to PenCom, the enrolment exercise is prospective retirees of Federal…
The number of insurance companies licensed to operate in Nigeria has hit 67, according to latest figures obtained from the National Insurance Commission on Sunday. Figures obtainedfrom NAICOM during the weekend revealed that the companies rose from 54 to 67…
The Chief Executive Officer, Centre for The Promotion of Private Enterprise, Dr. Muda Yusuf, says Nigeria’s insurance penetration is one of the lowest globally. He urged operators to adopt advocacy and other methods to deepen penetration. In a statement, he…
In a significant move to expand insurance outreach and financial inclusion, Universal Insurance Plc has unveiled mobile application and a network platform to boost insurance penetration. Speaking during the unveiling, the company’s Managing Director, Benedict Ujoatuonu, spoke on potential of…
Noor Takaful Insurance Ltd, the leading provider of Takaful Insurance solutions, proudly hosted the African Takaful and Non-Interest Finance Conference. The event gathered industry leaders, experts, and stakeholders across Africa to discuss and explore the transformative potential of technology as…
