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The Insurance Industry Consultative Council (IICC) has called on Nigerians to maximise the huge insurance benefits offered by underwriting companies to accumulate income and improve their lifestyles.
NAICOM has warned that more Insurance companies may be sanctioned for their inability to settle claims, in a bid to sanitise the Industry
The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of its moves to reposition the industry. | Pulse Nigeria
The Chartered Insurance Institute of Nigeria (CIIN) has called on industry stakeholders to work together to enable the sector to maximise the untapped potential in the economy and raise the confidence level.
Edwin Igbiti Niger Insurance Plc has paid N1.15 billion to policyholders between 2020 till date, in its moves to oil the relationship with customers. The company said it was working on enhancing its liquidity position through conversion of some of its real estate assets to further meet its obligations to policyholders. Reacting to the recent publication in a national newspaper of its expulsion by the Nigerian Insurers Association (NIA) for failing to meet obligations to policyholders, the Managing Director/Chief Executive Officer of the company, Edwin Igbiti, said the firm would not relent in...