Central Bank of Liberia Places Five Insurance Companies Placed Under Provisional Administration

The Central Bank of Liberia (CBL), has placed five insurance companies under Provisional Administration (PA). Companies affected by the CBL action on Friday, June 15, 2018, are the African Insurance Corporation of Liberia (AICOL); Capital Express Assurance Company (CEAC); Continental General & Life Insurance Corporation (CGLIC); Family Dollar Universal Insurance Services Inc. (FDUIS); and the […]

Babington-Ashaye to chair Women Ignite Power seminar

Babington-Ashaye Leave a comment and share Funmi Babington-Ashaye, the 48th President of the Chartered Insurance Institute of Nigeria (CIIN) and also the Chief Executive Officer (CEO) of Risk Analyst Insurance Brokers will chair ‘Women Ignite Power’ seminar organised by EtiNardConsulting Ltd (ECL) The main objective of this seminar is to ‘Enhance awareness and create a […]

World Cup: Lagos Provides Insurance Cover At Viewing Centres

Ambode Governor Akinwunmi Ambode of Lagos State has opened six viewing centres for Lagos residents to watch live football actions from the ongoing Russia 2018 FIFA World Cup. The sports-loving governor also provided security, traffic control and general sanitation at the viewing centres. The News Agency of Nigeria reports that Ambode equally provided a public […]

Islamic clergy charges insurance operators on transparency, accountability

From left: Chief Imam, Magodo Central Mosque, Alhaji Abdul Semi’ Olatunji Alkhelany; Managing Director, Equity Assurance Plc, Soji Apampa and Former Director General, Chartered Insurance Institute of Nigeria, Kola Ahmed at the event. Leave a comment and share Chuks Udo Okonta Operators in insurance industry have been charged to imbibe transparency and accountability in the […]

Infrastructural development aids insurance growth – Tope Smart

From left: Prof. Akpan Ekpo, Director-General, West African Institute for Financial and Economic Management; Engr. Edoyemi Ogoh, Head, Interconnect and Network Monitoring/Quality of Service Unit, Nigerian Communications Commission (NCC); Engr. Ernest Ndukwe, Chairman, Open Media Group/former Executive Vice-Chairman, NCC; Prince Cookey, Publisher/CEO of Business Journal; Mr. Tope Smart, Group Managing Director/CEO, NEM Insurance Plc and […]

Babington-Ashaye bequeaths world class e-library to Chartered Insurance Institute of Nigeria

From left: Funmi Babington-Ashaye, President and Chairman of Council, Chartered Insurance Institute of Nigeria (CIIN) and Elder A K Oniwinde, past president of the CIIN during the unveiling of the Institute’s electronic-library at the CIIN Secretariat in Lagos. Leave a comment and share Chuks Udo Okonta Mrs Funmi Babington-Ashaye, the 48th President and Chairman of […]

FBNInsurance celebrates Sanlam at 100

Leave a comment and share Press release The Sanlam Group celebrates its 100th birthday, and we at FBNInsurance are proud of our association with this financial services giant, which first opened its doors in Cape Town, South Africa. Founded in 1918, Sanlam has a rich history. The Group has evolved over the years from a […]

Law Union & Rock Insurance launches travel insurance product

Leave a comment and share Chuks Udo Okonta Law Union & Rock Insurance Plc has released more retail products to meet the need of its customers. The new products are travel insurance card and Teen Personal Accidents (TPA). The Executive Director, Technical/Operations, Olasupo Sogelola, said the introduction of the two products was part of the […]

Sovereign Trust Insurance promotes academic excellence in schools

Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc recently demonstrated another noble gesture in line with its Corporate Social Responsibility (CSR) by giving out school bags and other educational items to aprimary school within the locality of its corporate Head Office in Victoria Island, Lagos. This initiative was to commemorate the […]

Cyber Insurance Market Sees Steady Growth but Still Awaiting a Real Growth Spurt

LONDON, UK – JUNE 2018 – The U.S. market for cyber insurance grew significantly in 2017, as direct premiums written rose nearly 32% year over year to $1.8 billion, and policies in force jumped 24% to 2.6 million, according to a new A.M. Best special report. However, despite the growth, the cyber insurance take-up rate […]
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