Our analysts monitoring the situation around the Globe explain that after COVID-19 crisis the market will generate remunerative prospects for producers. The goal of the report is to provide a further illustration of the current scenario, economic slowdown and effect of COVID-19 on the industry as a whole. In a […]
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Tourism industry faces collapse as insurance companies refuse to pay Covid-19 claims
CEO of the Tourism Business Council of South Africa Tshifhiwa Tshivhengwa. Picture: Bongani Shilubane/African News Agency (ANA) By Marvin Charles Time of article published 8h ago Cape Town – The South African tourism and hospitality sector is facing collapse because insurance companies refuse to pay them for losses related to […]
Malawi names former insurance firm director as finance minister
Mlusu Leave a comment and share Chuks Udo Okonta Former insurance company director Felix Mlusu was named Malawi’s new finance minister on Monday, a government statement said, a day after President Lazarus Chakwera was sworn in following last week’s re-run election in which he unseated Peter Mutharika. Reuters reported that […]
Farmers can use insurance to source finance, farm inputs – Royal Exchange
Group Managing Director of the organisation, Wale Banmore Leave a comment and share Chuks Udo Okonta Royal Exchange General Insurance Company (REGIC), one of Nigeria’s leading insurance companies offering general and special risks protection policies recently held a series of Agriculture Insurance webinars, aimed at increasing the general awareness and […]
Tough future for life insurers in South Korea, Thailand and China
By Ranamita Chakraborty Considering the impact of the coronavirus pandemic on the insurance market, Fitch Ratings expects life insurers in three major Asian markets – South Korea, China and Thailand – to report significant losses and muted growth. According to individual market reports published by the credit ratings agency recently, […]
COVID-19 gives pace to life and health insurance awareness
By AIR team The fear of COVID-19 has motivated one in three Indians to buy a health insurance policy. More than 60% of Indians are thinking about buying health insurance cover either after having personally suffered from COVID-19 and been left with a hefty hospital bill or learning of such […]
Meet NIA Vice Chairman Ebelechukwu Nwachukwu
Mrs. Nwachukwu Mrs Ebelechukwu Nwachukwu is the Managing Director/Chief Executive Officer, NSIA Insurance Company Limited. The Delta State born, is a graduate of University of Benin, Edo State, She is an Alumni of London Business School (Executive Education); London; Alumni and The Columbia Business School, New York. She started her […]
Guinea Insurance congratulates newly appointed NIA Chairman
Musa Leave a comment and share Chuks Udo Okonta The Managing Director, Guinea Insurance Plc., Ademola Abidogun has on behalf of its Board of Directors, Management and Staff, joined the entire insurance business community and professionals of repute in saluting the man of the hour and a great achiever – […]
NIA names Ganiyu Musa new Chairman
Musa Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has elected the Group Managing Director, Cornerstone Insurance Plc, Ganiyu Musa as its new Chairman. He emerged Chairman at the association’s virtual 49th Annual General Meeting (AGM). Musa is a highly experienced management professional with diversified […]
AIICO Insurance donates reusable face masks to curtail spread of COVID-19
Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc., said it has donated reusable face masks to the Nigerian Red Cross, We Stand Foundation and the African Clean Up Initiative (ACI). Non-Governmental Organisations which are actively leading initiatives for public health and humanitarian causes in battling COVID-19. A […]
