Nigerian Insurance Industry

INSURANCE INDUSTRY News

A new banking era after Sept 30 - Vanguard

A new banking era after Sept 30
Vanguard
He said: “NPL of the Nigerian banking industry would be reduced to five per cent. By September 30, we have drawn a final line under the banking crisis of 2009”. The monetary authority and Nigeria Deposit Insurance Corporation (NDIC) had, in July 2009, ...

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Only 800000 Nigerians have insurance, says report - NEXT

Only 800000 Nigerians have insurance, says report
NEXT
Mr. Muchen said that "whilst challenges exist, there are also considerable opportunities to grow the Nigerian insurance market but new models and new thinking would be required to overcome the relatively low awareness of insurance products and ...

'Miss Insurance,' others urge corps members to embrace insurance - BusinessDay

BusinessDay

'Miss Insurance,' others urge corps members to embrace insurance
BusinessDay
Ebere Onuorah, Nigerian Miss Insurance, speaking with corps members in Lagos weekend during a seminar organised by the CIIN, said serving NYSC members should embrace insurance as a career and part of life. The aim of the seminar, which is to give the ...
Miss Insurance takes awareness campaign to corps membersVanguard

all 2 news articles »

Local content constraints for insurance industry are fundamental- Lawal - Vanguard

Local content constraints for insurance industry are fundamental- Lawal
Vanguard
The amounts of resources and time one invest in micro-insurance before you get returns from it are enormous. Commercial investors are most times not patient enough to go after that. The government business sure of exist. Why is Nigerian insurance ...
Nigeria: Insurers Blame Malpractices in Industry On NAICOMAllAfrica.com

all 2 news articles »

Nigeria: Onuora Takes Insurance to Youth Corppers - AllAfrica.com

Nigeria: Onuora Takes Insurance to Youth Corppers
AllAfrica.com
The exercise in form of symposium took place at the Adeniji local government secretariat where many corpse members were gathered by the queen and addressed by both the queen and staff of Chartered insurance institute of Nigeria (CIIN). ...

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Nigeria: NEM Insurance Records N6.4 Billion Income - AllAfrica.com

Nigeria: NEM Insurance Records N6.4 Billion Income
AllAfrica.com
NEM Insurance Plc has announced a 30 per cent increase in its gross premium income from N4.9bn in 2009 to N6.4bn in 2010 financial period. The company's Chairman, Chief Adewale Teluwo reported the figures in the company's 2010 annual report and account ...

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Nigeria: Naicom Certifies 3000 Insurance Agents in Two Years as Arian Elects ... - AllAfrica.com

Nigeria: Naicom Certifies 3000 Insurance Agents in Two Years as Arian Elects ...
AllAfrica.com
Over three thousand insurance agents were certified by the National Insurance Commission of Nigeria (NAICOM) between 2009 and 2010, newly re- elected President of the Association of Registered Insurance Agents of Nigeria(ARIAN), Mr. Kingsley Obuvie has ...

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Insurance sector to lead in Nigeria's economic transformation – FG - Vanguard

Insurance sector to lead in Nigeria's economic transformation – FG
Vanguard
The president however challenged the industry to do more in educating and informing the public of its benefit and urged the Commission to be consistent with service delivery as it is the only way that the insurance industry in Nigeria would chart a new ...

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Why insurance industry should brace up to challenges of climate change - Vanguard

BusinessDay

Why insurance industry should brace up to challenges of climate change
Vanguard
In recent times, Nigeria has witnessed series of natural disasters, but the insurance industry has played little or no part in assuaging the losses suffered by victims affected by these disasters. The presence of the sector is yet to ...
Insurers look inward, blame infractions on weak disciplinary measuresBusinessDay

all 6 news articles »

Nigeria: Insurance Chief Plans Re-Positioning of Industry - AllAfrica.com

Nigeria: Insurance Chief Plans Re-Positioning of Industry
AllAfrica.com
President and Chairman of Council of Chartered Insurance Institute of Nigeria (CIIN), Dr. Wole Adetimehin, has expressed the determination of his executive to reposition the insurance profession in Nigeria. Adetimehin, who spoke to newsmen in Ibadan, ...

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