Author: Prince Cookey

Prince CookeyPrince Cookey is an experienced publisher and CEO, and currently is editor of Business Journal. He has previously worked at The Examiner, The Post Express newspapers, Policy magazine and the Financial Standard newspaper.

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Flood: how far can Nigerian insurers go on claims as regulator pledges claims will be paid?

Flood: how far can Nigerian insurers go on claims as regulator pledges claims will be paid?

The past two months have seen a harrowing experience of flooding in many towns and communities across eight states in Nigeria such as Rivers, Benue, A [...]
Nigerian insurance sector grows 12% to NGN2.3trn in Q2, as Naicom looks to enforce compulsory covers

Nigerian insurance sector grows 12% to NGN2.3trn in Q2, as Naicom looks to enforce compulsory covers

Nigeria’s insurance market has grown 11.9% quarter-on-quarter with a total asset of about NGN2.3trn. According to the latest figures from the Natio [...]
Nigerian insurance sector plans ten-year strategic plan for sustainable growth

Nigerian insurance sector plans ten-year strategic plan for sustainable growth

The insurance sector in Nigeria is planning ahead for a better tomorrow in terms of policy framework from ECOWAS Brown Card, appropriate premium regim [...]
NIA, NCRIB intensify co-operation for insurance market growth in Nigeria

NIA, NCRIB intensify co-operation for insurance market growth in Nigeria

The two leading associations in the Nigerian insurance sector – the Nigerian Insurers Association (NIA) and the Nigerian Council of Registered Insuran [...]
Digitalisation, insurance awareness, infrastructure lead focus of new CII Nigeria president

Digitalisation, insurance awareness, infrastructure lead focus of new CII Nigeria president

Digitalisation, insurance awareness, infrastructure will be the major strategic aims for the new Chartered Insurance Institute of Nigeria (CIIN) presi [...]
Is Naicom’s hammer on Niger, Standard Alliance another season of liquidation?

Is Naicom’s hammer on Niger, Standard Alliance another season of liquidation?

Regulators are corporate undertakers. When the numbers no longer look positive and favourable on the books of operators under their jurisdiction over [...]
NAICOM portal: digitalising regulatory processes for insurance growth

NAICOM portal: digitalising regulatory processes for insurance growth

As digitalisation takes root across the world in the wake of the Covid-19 pandemic era and the need for seamless operations, the insurance regulator i [...]
After Covid-19: the state of the insurance industry in Africa

After Covid-19: the state of the insurance industry in Africa

In its report, Covid-19: Financial reporting and Business Implications for Insurers in Nigeria, KPMG in Nigeria states: “The Covid-19 pandemic has cre [...]
Will College of Insurance Supervisors strengthen regulation in west Africa?

Will College of Insurance Supervisors strengthen regulation in west Africa?

The effort to tackle challenge of regulation and supervision in the insurance industry in west Africa received a boost recently with the establishment [...]
Buying motor cover via mobile phone set to change Nigerian insurance landscape?

Buying motor cover via mobile phone set to change Nigerian insurance landscape?

ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5m in pre-seed funding to grow its team and drive the adopt [...]
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