Sunday, November 24, 2024
33.6 C
Lagos

Consolidated Hallmark Insurance Plans Micro-Life Firm in 2020

Consolidated Hallmark Insurance Plc plans to float a micro-life insurance subsidiary in early 2020 once it receives the operating licence it is expecting from the National Insurance Commission (NAICOM).

Mr. Obinna Ekezie, the Chairman of Consolidated Hallmark Insurance Plc said at the company’s Extra-Ordinary General Meeting (EGM) that the underwriter is eagerly awaiting the green light on the project from the industry regulator.

L-R: Layi Fatona, Director, Consolidated Hallmark Insurance Plc; Mary Adeyanju, Executive Director- Operations; Mr. Babatunde Daramola, Executive Director; Mr. Eddie Efekoha, Managing Director/CEO; Mr. Obinna Ekezie, Chairman, and Company Secretary, Mrs. Rukevwe Falana, during Consolidated Hallmark Insurance Extra-Ordinary General Meeting in Lagos.

Ekezie told shareholders at the EGM: “I am also delighted to inform you that we are on the verge of being granted an operational license by the National Insurance Commission to operate a micro-life insurance subsidiary. Statutory deposit and licence application fee have been paid to the Central bank of Nigeria and NAICOM respectively. The anticipated commencement date of full operations by this subsidiary is early in the new year.”

spot_img
spot_img
spot_img

Hot this week

NASENI Holds Retreat to Align Goals of its Development Institutes

In order to achieve greater cohesion amongst its Development...

Roland Okoro Unveils AM JOURNAL at WAICA Confab in Accra, Ghana

From Left: Eddie Efekoha, Past President of WAICA; Roland...

Fidelity Bank Earmarks N159m for Customers in GAIM 6 Promo

L – R: Mr. Osita Ede, Divisional Head, Product...

NAICOM: ‘Insurance Sector Facing Challenge of Corporate Governance, Low Compliance Culture’

REMARKS BY THE COMMISSIONER FOR INSURANCE, MR. OLUSEGUN AYO...

Topics

INEC Ready for Election as Yakubu Arrives Awka, Meets Anambra Police Chief

L-R: Commssioner of Police, Anambra State, Mr. Echeng E....

Local Content: How Nigeria Lost $380bn, 2m Jobs in 50 Years

Engineer Simbi Kesiye Wabote Executive Secretary Nigerian Content Development & Monitoring...

Insurance Industry Consultative Council Media Retreat 2019

L: Mr. Richard Borokini, DG, Chartered Insurance Institute of...

Hallmark HMO Collaborates to Discount Cervical Cancer Screening Kits

  Mrs. Oladotun Adeogun Managing Director/CEO Hallmark HMO Hallmark Health Services Limited (Hallmark...

Forex MasterClass Course Opens in Lagos Sept 9

For Participation: Contact: Lagos Capital Group: Phone: 234(0)8035180508 or...

Global Retirement Funds Rise to $18.1tr in 2017

Costa Rica: The No. 1 place to retire! The world's...

Sovereign Trust Insurance Holds 2025 Budget & Strategy Session in Lagos

L-R: Lead Consultant, Quick Projects, Dr. Victor Dike, Kayode...
spot_img

Related Articles

Popular Categories

spot_imgspot_img