The National Insurance Commission (NAICOM) says it has rolled out some digitisation strategies through its new portal to transform the sector and improve insurance penetration. Mr Abiodun Aribike, the Deputy Director in charge of Information Technology in NAICOM, said this on Friday in Uyo at a seminar for insurance journalists …
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Royal Exchange General Insurance Company (REGIC), has declared a Gross Written Premium (GWP) of N10.58 billion for the financial year ended Dec. 31, 2019. The company’s Chairman, Alhaji Rabiu Gwarzo, made the declaration at the firm’s 12th Annual General Meeting held virtually in Lagos. Gwarzo explained that the financial results …
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President Muhammadu Buhari has approved the appointments of Alhaji Sabiu Bello Abubakar as the Deputy Commissioner for Insurance, Technical, a statement from the National Insurance Commission (NAICOM) said on Monday. Sabiu Bello Abubakar, untill his new appointment, was the Executive Director (Operations and Training) since November, 2017 at Jaiz Takaful …
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Insurance companies in Nigeria collected USD$1.3billion (NGN490bn) in 2019 as premium for the various businesses, representing 15.55% increase from the previous year According to the Nigerian Insurers Association (NIA) chairman, Tope Smart, despite enormous challenges, the industry had continued to perform its role, reported Pulse Nigeria. “It is expected, because of …
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