InsuranceWorld


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    As the banks continue to undergo scrutiny, insurance brokers have charged the financial sector regulatory bodies to scrutinize banks’ ownership of insurance companies.
    This is because insurance companies owned by banks get drowned by the parent company as they don’t have the free hand to operate.

    Royal Exchange Launches Digital Payment System

    ROYAL Exchange Plc has launched a scratch card based system of payment of insurance premiums.
    Mr. Allan Walmsley, group managing director, Royal Exchange Plc stated this at the media launch of the products in Lagos.

    CIIN Advocates Human Capital Development

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

    CIIN Boss Speaks on Golden Jubilee

    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.

    Meltdown Takes Toll on Insurance Industry

    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 Firms Adopt New Code of Governance

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

    STI Set to Raise the Bar in Service Delivery

    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.

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