Insurance Sector Records Premium Of N363bn In A Year The volume of businesses written by insurance companies grew from N315.96 billion in 2016 to an estimated N363 billion in 2017. This was revealed by the immediate past Chairman, Nigeria Insurers Association (NIA), Mr Eddie Efekoha, while...

Multiple Taxation: Insurers Receive N1Billion Refund The outgoing Nigerian Insurers Association (NIA) chairman, Mr Eddie Efekoha, has said his tenure successfully addressed some critical industry challenges, especially multiple taxation from tax authorities, with a refund of N1billion Efekoha, however, attributed successes achieved during tenure to support...

Following series of consultations by the National Insurance Commission (NAICOM), a synergy has been created with the Federal Fire Service (FFS) and the Nigeria Insurers Association (NIA), to as a matter of urgency kick-start the enforcement of public building insurance in the country. NAICOM's Commissioner...

The National Insurance Commission (NAICOM) has suspended bancassurance partnership deals between insurance companies and banks indefinitely, following a dispute with the Central Bank of Nigeria. Commissioner for Insurance, Alhaji Mohammed Kari made this known at the investiture of Mr. Eddie Efekoha, Managing Director of Consolidated...

The National Insurance Commission has barred all underwriting companies from selling their products through the banks and other financial institutions. The Commissioner for Insurance, Mr. Mohammed Kari, said this during the investiture ceremony of the Managing Director, Consolidated Hallmark Insurance Plc, Mr. Eddie Efekoha, as...