MR. Adeyemo Adejumo, president, Chartered Insurance Institute of Nigerian (CIIN), has advocated human capital development to address challenges facing the insurance industry.

THE Chartered Insurance Institute of of Nigeria (CIIN) has finalised plans to take insurance to the door step of Nigerians through its forth coming CIIN 50 year’s anniversary.

THE financial meltdown has taken its toll on the nation’s insurance industry as it has affected its capital base.

NATIONAL Insurance Commission (Naicom) will soon commence the review of the relationships between foreign subsidiaries of insurance companies to reduce possible impact of toxic investments on the home based operations.

Insurance companies in Nigeria have adopted the new code of good corporate governance launched by National Insurance Commission (Naicom) recently in Abuja.

The management of Sovereign Trust Insurance Plc has inaugurated a team saddled with the responsibility of repositioning the organization to achieve its goal of attaining the top five position in the industry by the year 2012.

Niger Insurance Plc has grown its gross premium from N2.5 billion in 2005 to N5 billion in 2008 representing a percentage increase of 130 per cent.

Risk Shield Limited has concluded arrangements to organise a retreat for insurance operators in the nation’s insurance industry.