Category Archives: Insurance

94.4% of adults in Nigeria Have No Insurance Cover

About 94.4 per cent of the country’s adults have no form of insurance, the National Insurance Commission (NAICOM), has said. The Commission, citing the 2016 EFInA research findings, said insurance uptake of the adult population remains low at 1.9 per

New York Insurance Chief Slams Trump’s Executive Order

­New York Insurance chief slams Trump’s executive order. New York’s top insurance regulator, Maria Vullo, said Thursday that President Donald Trump’s executive order unwinding certain Obamacare regulations would destabilize New York’s insurance marketplace. Trump’s order, signed Thursday morning directs federal

Netherlands Firm Partners H. Pierson on Insurance Sector Risk-based Supervision

Netherlands Firm partners H. Pierson on insurance sector risk-based supervision A Netherland- based company , SecondFloor SA, has is in partnership with one of Nigeria ’ s consulting firms – H. Pierson Associates, leveraging on its risk practice to support

How to Get a Short-Term Insurance Policy in 8 Easy Steps

Short-term car insurance may cover you for a single day and up to a month. If you are looking for auto-insurance, San Diego has many expert insurance providers. Here are a few ways you can try to get a fast

NAICOM To Sack Chief Executives Of Insurance Firms Over Unpaid Claims

The National Insurance Commission (NAICOM) has revealed plans to work on statutory deposits of insurance firms to settle unpaid claims, while the chief executives of companies whose deposits are applied to such would be discharged from official duty. This Commissioner

Quick Guide On How To Switch Car Insurance Companies

Searching for better Car Insurance deal? If Yes then below is a quick guide to switching car insurance companies. Take these six steps below when you want to switch your car insurance company: When to switch car insurance: The best

10 Nigeria Insurance Firms Pay Telecoms Operators N383.9m Claims

Following various damages done to telecommunications facilities across the country, 10 insurance firms paid out over N383 million to the affected operators, New Telegraph has learnt. This was contained in a report by Nigerian Insurers Association (NIA). According to details

CIIN Partners Babcock University on Insurance Education

As part of its commitment to increasing insurance industry manpower with new generation of Nigerian youths, the Chartered Insurance Institute of Nigeria (CIIN) has pledged to support Babcock University establish insurance department in the institute. The President of the CIIN,

Sovereign Trust Insurance Targets N7.5 billion Authorized Share Capital

Sovereign Trust Insurance Plc says its special business for the company’s 22nd Annual General Meeting slated for September 21, 2017, will focus on increasing the authorised share capital of the company from N5.5bn to N7.5bn. This, it noted, would happen

Hurricanes Highlight Failure to Enforce Flood Insurance Rules

As the floodwaters of Hurricanes Harvey and Irma recede, they may reveal more than moldy drywall and fetid trash. They could lay bare the America federal government’s failure to police a basic tenet of its own disaster Insurance policy: that

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