A former President, Nigerian Council of Registered Insurance Brokers, Dr Teslim Adekunle Sanusi, has emphasised the need for individuals and corporate organisations to give to the needy. A statement said while celebrating his 80th birthday by organising medical outreach for…
The National Insurance Commission has raised the premium for third-party motor insurance premium from N5,000 to N15,000 effective January 1, 2023. NAICOM disclosed this in a circular with the number ‘NAICOM/DPR/CIR/46/2022 to all insurance companies titled ‘New premium rates for…
Dakar, December 8, 2022 – The Pan-African Risk Management Capacity (ARC) today announced the official launch of the parametric insurance product against high-impact epidemic risks and Senegal’s participation as the first African country to join this innovative new financing mechanism.…
Coscharis Motors Limited, a leading brand in the Nigerian automobile industry, has partnered with AIICO Insurance Plc to embed insurance into its automobile sales. As a result, existing and prospective customers of Coscharis will continue to enjoy premium automobile after-sales…
The National Insurance Commission (NAICOM) stated in Lagos on Saturday that it would continually execute its various regulatory and market development initiatives to raise standards in the sector. Commissioner for Insurance, Mr Sunday Thomas said this at a 2022 seminar…
Custodian Investment Plc has reported a Profit After Tax of N1 billion for the three months ended 30th September 2022.The amount represents a 164 per cent rise from the N397 million in the Q3 of last year. According to the…
AIICO Insurance Plc is sponsoring the chemotherapy treatment of 30 women diagnosed with triple negative cancer, in commemoration of the 2022 World Breast Cancer Awareness Month. Head, Strategic Marketing and Communications Department, AIICO, Mr Segun Olalandu announced this in a statement…
Shareholders have endorsed the proposed Holding Company (HoldCo) structure and scheme of arrangement for Consolidated Hallmark Insurance (CHI) Plc, pursuant to Section 715 of the Companies and Allied Matters Act, 2020. The shareholders gave the approval at the company’s Court…
Sanlam General Insurance Nigeria Ltd. has secured the approval of the National Insurance Commission (NAICOM) to underwrite agricultural business risks. The Managing Director of the company, Mr Bode Opadokun, said this in a statement on Tuesday in Lagos. Opadokun said…
Annuity policy holders of AIICO Insurance Plc, have lauded the company for its excellent and satisfactory services. The company’s Spokesman, Mr Segun Olalandu, said this in a statement on Saturday in Lagos. Olalandu said the underwriter marked the 2022 Customer Service…
