Ebose THE ROLE OF INSURANCE JOURNALISTS IN EMERGING REALITIES BEING A PAPER DELIVERED BY MR. EBOSE AUGUSTINE, MD/CEO, ANCHOR INSURANCE COMPANY LIMITED, AT THE INAUGURATION CEREMONY OF NAIPCO NEW EXECUTIVES HELD AT SHERATON HOTEL, IKEJA LAGOS ON 26TH AUGUST, 2020 Stakeholders in the insurance industry Gentlemen of the Press, Ladies […]
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Anchor Insurance boss implores media practitioners to sustain insurance awareness
Executive Director, Technical, Anchor Insurance, Adebisi Ikuomola Leave a comment and share Chuks Udo Okonta The Managing Director/Chief Executive Officer (CEO) Anchor Insurance Limited, Ebose Augustine has appealed to media practitioners to sustain the promotion of insurance awareness, which will help to deepen insurance penetration in the country. Ebose said […]
Ecobank Group wins African Banker magazine Award
The leading pan-African banking group, Ecobank, is delighted to announce that it has won the Award for Innovation in Financial Services at the 2020 edition of the prestigious African Banker magazine Awards. The Awards, which reward banking excellence in Africa, were announced at a virtual ceremony held on 26th August. […]
PenCom recovers N16.37bn outstanding pension contributions from defaulting employers
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said total recoveries of outstanding pension contributions and penalty from defaulting employers from inception of the Contributory Pension Scheme (CPS) to September 2019, amounted to N16.37 billion, comprising principal contributions of N8.37 billion and penalty of N8.00 […]
Over 80% of consumers cited positive claims experience during COVID-19 outbreak
By Ahmad Zaki Despite the spike in travel insurance claims during the initial COVID-19 outbreak in December 2019 to February 2020, over 80% of Singapore policyholders had a positive claims experience, revealed GoBear’s 2020 Singapore Travel Claims Survey. “Even when faced with an uptick in claims activity brought about by […]
S&P affirms Africa-Re rating with stable outlook
African Reinsurance Corporation African Reinsurance Corporation (Africa Re) Group Managing Director and Chief Executive Officer Corneille Karekezi. FILE PHOTO | NMG BY BRIAN NGUGI Global ratings agency Standard & Poor’s has affirmed the African Reinsurance Corporation (Africa Re) financial strength rating at A-, with a stable outlook. The Lagos-based Pan-African […]
Africa’s insurance giant sales decline due to COVID-19
The financial services company Old Mutual said on Monday that their sales volumes took a nosedive because of the difficult macroeconomic environment and COVID-19 in the first six months. “Although lockdown restrictions have been eased and economic activity has somewhat resumed, sales levels remain lower than last year’s levels. Although […]
South African Insurers Agree to Pay for COVID-19 Losses
Over the past couple of months, we have written on decisions by various European insurers to pay policyholders for their COVID-19 related losses. That positive trend is now moving across continents. In response to COVID-19, South Africa’s government imposed restrictions allowing only essential services to operate under a lockdown imposed […]
331,003 temporary disengaged RSA holders get N116.88bn benefits
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said 331,003 Retirement Saving Account (RSA) holders who temporary loss their jobs were paid N116.88 billion as at third quarter of 2019. PenCom stated this in its third quarter report of 2019, adding that within the third […]
Guinea Insurance grows investment income by 50.5% in 2019
Leave a comment and share Chuks Udo Okonta Guinea Insurance Plc., recently held its 62nd Annual General Meeting (AGM) virtually in strict compliance with guidelines and directives issued by the Federal Government of Nigeria, State Government, Health Authorities and Regulatory Agencies, as part of efforts aimed at stemming the spread […]
