Insurance Archives - The Business Intelligence

Recapitalisation: NIA lauds NAICOM, urges insurers to take advantage of extension

Meletus EZE January 19, 2020

by Meletus EZE January 19, 2020122

The Nigerian Insurers Association (NIA) on Saturday appealed to its member companies to take advantage of the extension of the recapitalisation deadline recently announced by

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NAICOM says extension of licences renewal will ease Insurance Brokers, Loss Adjusters operations

Abisola THOMPSON January 8, 2020January 8, 2020

by Abisola THOMPSON January 8, 2020January 8, 20202 79

The National Insurance Commission (NAICOM), says the extension of renewal of licences of Insurance Brokers and Loss Adjusters to two years will ensure they transact

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2020, a year to turn around insurance industry — NAICOM

Aliyu DANLADI January 7, 2020January 7, 2020

by Aliyu DANLADI January 7, 2020January 7, 20202 56

The National Insurance Commission (NAICOM) says 2020 is a year to turn around the fortunes of the insurance industry. Mr Sunday Thomas, Acting Commissioner for

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No Insurance firm has met recapitalisation requirements -NAICOM

Meletus EZEJanuary 7, 2020January 7, 2020

by Meletus EZEJanuary 7, 2020January 7, 2020129

National Insurance Commission (NAICOM) said on Monday that no insurance company in the country could be categorised as having met the recapitalisation requirements for now.

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Recapitalisation: CIIN President tells insurance professionals to be creative, work harder in 2020

Meletus EZEJanuary 4, 2020

by Meletus EZEJanuary 4, 2020153

The President of Chartered Insurance Institute of Nigeria (CIIN) Mr Eddie Efekoha, says insurance professionals need to embrace creativity and work harder than ever before

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Stakeholders laud NAICOM for extending recapitalisation deadline

Abisola THOMPSONJanuary 1, 2020January 1, 2020

by Abisola THOMPSONJanuary 1, 2020January 1, 2020144

Shareholders and operators in the Insurance Sector on Tuesday lauded the National Insurance Commission (NAICOM) for extending the deadline for the recapitalisation of the Insurance

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NAICOM extends recapitalisation deadline for Insurance, Reinsurance companies to Dec. 31, 2020

Meletus EZEDecember 31, 2019December 31, 2019

by Meletus EZEDecember 31, 2019December 31, 2019046

The National Insurance Commission (NAICOM) has extended the recapitalisation deadline for Insurance and Reinsurance Companies earlier slated for June 30, 2020 to December 31, 2020.

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NCRIB urges FG to insure railway projects

Abisola THOMPSONDecember 13, 2019

by Abisola THOMPSONDecember 13, 2019027

The Nigerian Council of Registered Insurance Brokers (NCRIB) on Thursday urged the Federal Government to ensure that the huge investment in the railway system was

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Insurance recapitalisation exercise will strengthen sector’s growth, development — Onyema

Shile GIWADecember 11, 2019

by Shile GIWADecember 11, 20192 87

The Chief Executive Officer, Nigerian Stock Exchange (NSE), Mr Oscar Onyema on Tuesday said that the upward review of the paid-up capital in the insurance

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Niger Insurance declares N593.8m operating profit for 2018

Kunle SHONUGANovember 22, 2019

by Kunle SHONUGANovember 22, 2019033

Niger Insurance Plc on Thursday announced that it achieved a modest operating profit of N593,808,000 in 2018. The Chairman of the company, Mr Stephen Dike,

April 2019 Edition