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Insurance World
NAICOM Unveils Insurance Sector 10-Year Strategic Roadmap
BY NKECHI NAECHE-ESEZOBOR--Committed to the growth of the Nigerian insurance Industry, the National Insurance Commission(NAICOM), on Monday unveiled it’s ten years industry Strategic...
Elumelu Proposes N30bn Capital Base for General Insurance, N20bn For Life Insurance Firms
BY NKECHI NAECHE-ESEZOBOR—Tony Elumelu, Chairman, Heirs Insurance Group on Monday proposed N50 billion as capital base for insurance firms operating in Nigeria. Elumelu,...
Target’s Insurers Sue Maersk For $5.8 Million For Containers Lost Overboard
Giant retailer Target Corporation’s insurer has filed suit against Maersk for compensation for containers lost overboard in a 2021 incident. Starr Indemnity &...
Industry Stakeholders Bid Insurance Icon Joe Irukwu Farewell
BY NKECHI NAECHE-ESEZOBOR--The Commissioner for Insurance, Mr. Sunday Thomas, President of Chartered Insurance Institute of Nigeria/ Chairman Insurance Industry Consultative Council, Mr Edwin...
Managing Market Risk In A Difficult Business Risk Environment
In today’s uncertain business environment, companies need to reduce their exposure to market risk. By understanding the economic conditions, assessing risks, and implementing...
NAICOM, Housing Ministry Move To Enforce Insurance Of Public Buildings
BY NKECHI NAECHE-ESEZOBOR—-The Ministry of Housing and Urban Development and the National Insurance Commission ( NAICOM) have agreed to collaborate to enforce compliance...
NGX, FIRS Slam LASACO Assurance N7.2million Fine For Late Filing
BY NKECHI NAECHE-ESEZOBOR—LASACO Assurance Plc has paid N7.293million as fine to the Nigerian Exchange Group and Federal Island Revenue Service( FIRS) in 2022 ...
Cornerstone Insurance Foundation Launches Free Medical Outreach In 5 States
As part of its Corporate Social Responsibility, Cornerstone Insurance Plc Foundation (CIPLCF), has kicked off its free medical outreach across five cities namely...
