CIIN Certificate CF7 case studies
CIIN Certificate CF7 · Put your knowledge to work in context.
The CIIN Certificate CF7 is a professional-level certificate awarded through the Chartered Insurance Institute of Nigeria (CIIN). It is aimed at practitioners who already hold a foundational insurance qualification and want to deepen their technical competence across the Nigerian market, as well as at staff in underwriting, claims, broking, pensions and compliance roles who need a structured, examinable grounding in both life and general business. The CIIN Certificate CF7 case studies are 5 cases and about 3,177 words.
1The Warehouse Fire and the Undisclosed Fuel Depot
At 02:40 on 14 March, fire destroyed the Apapa warehouse of Tidal Foods Ltd. The fire began in an office electrical distribution board; the warehouse stored bagged rice.
527 words, about 3 min2Group Life, Late Premium and a Contested Death Benefit
Mr Okafor, a 47-year-old logistics manager, died in a road accident on 12 February. His employer, Kano-based Sahel Agro Ltd, maintains a group life scheme for its 240 staff at three times annual emolument.
592 words, about 3 min3The Dispatch Van That Was Insured as a Private Car
Kunle Ade owns a Toyota Hiace registered as a private vehicle and insured comprehensively with a sum insured of ₦12m, a ₦3m third-party property damage limit and a ₦150,000 excess. The proposal describes use as 'private/social'.
737 words, about 4 min4The Broker Who Banked the Premium
On 5 December, Lagos Foods Ltd paid ₦42m to its long-standing broker, Coastal Risk Brokers, for renewal of its fire and business interruption cover from 1 January. Coastal issued a broker's cover note and a certificate showing the insurer's name.
707 words, about 4 min5Solvency Under Strain at Niger Delta Assurance
At 31 December, Niger Delta Assurance plc reports gross written premium of ₦8.4bn, reinsurance premium ceded of ₦2.3bn, paid claims of ₦3.1bn, outstanding claims of ₦1.6bn (previous year ₦1.2bn), and an IBNR reserve of ₦0.4bn. The actuary's latest estimate puts IBNR at ₦1.5bn because of late-reported motor claims.
614 words, about 3 min