Reading Time: 2 minutes Nigerians have been urged to adopt insurance-backed savings programmes by Ms. Alero Ladipo, Executive Head, Marketing and Customer Experience, Old Mutual Nigeria. In a statement released on Monday in Lagos, Ladipo stated that this was crucial in light of the current global socio-economic volatility, uncertainties, complexity, and ambiguities (VUCA). She said that in the face Read More…
Insurance
African Alliance paid N7.6bn claims in 2021, says MD
Reading Time: 3 minutes In picture above: Mr Tunde Ogungbade , Deputy President , NCRIB ,Mr Rotimi Edu , President NCRIB, Mrs Joyce Ojemudia , MD /CEO African Alliance at the NCRIB ‘s Member Evening in Lagos. NAN Photos African Alliance Insurance paid claims of more than N7.59 billion to its customers in 2021.This figure, according to the firm Read More…
Insurance companies pay N4bn #EndSARS claims – NIA
Reading Time: 2 minutes The Nigerian Insurers Association (NIA) said insurance companies paid N4 billion as claims arising from over 2,000 businesses affected by the #EndSARS protests. Mr Ganiyu Musa, Chairman, NIA, disclosed this at a news conference in Lagos on Thursday. Musa also assured customers that all genuine claims emanating from the protests would be paid. He said Read More…
Emirates Offers World’s First Multi-Risk Travel Protection Coverage- up to $500,000
Reading Time: 3 minutes Emirates customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest industry-first initiative to provide expanded, multi-risk travel cover on top of its current COVID-19 cover. Provided by Emirates at no additional cost to its customers, and provided by AIG Travel, this cover is the Read More…
PenCom, NAICOM sign MoU
Reading Time: < 1 minutes The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) on Tuesday signed a Memorandum of Understanding (MoU) to revise regulation on Retiree Life Annuity and guidelines on Group life Insurance policy. Mr Peter Aghahowa, Head, Corporate Communications Department, PenCom said in a statement that the regulation was for employees and Contributory Pension Scheme Read More…