ZAKA KHALIQ Operators in Nigeria’s insurance industry have expressed their support for the ongoing plans to quadruple the country’s third party motor insurance policy from the current N5,000 premium per annum to N20,000. According to LEADERSHIP findings, a bill to increase the insurance premium from N5,000 to N20,000 sponsored by […]
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Insurance companies fared well compared to other sectors – Adeduro
Adeduro Mr. Mayowa Adeduro, Managing Director, Anchor Insurance Limited, in this interview with Vanguard Insurance, bares his mind on the operating environment in 2016, expectations in the current year and other issues affecting insurance business in Nigeria. Excerpts: LOOKING back at the business environment in 2016, what are the hopes […]
Lecturers’ pension fund enrols with Macquarie’s green bank bid
By Mark Kleinman, City Editor One of Britain’s biggest pension funds has signed up to an Australian-led bid for the UK’s Green Investment Bank (GIB) as it seeks to burnish its credentials amid growing political rancour. Sky News has learnt that the Universities Superannuation Scheme (USS), which manages the retirement […]
China regulator warns insurers over investment risks
China’s insurance firms face possible risks from “irrational” stock investments and large-scale overseas mergers and acquisitions, the state-run People’s Daily on Sunday quoted a top regulatory official as saying. In a shift away from low-yielding corporate bonds, Chinese insurers, led by privately owned Anbang Insurance Group and Ping An Insurance […]
‘Media owners should provide insurance cover for investigative journalists’
By Risikat Ramoni Fisayo Soyombo, editor of The Cable, an online newspaper, was adjudged the best investigative reporter in 2016. Soyombo studied Animal Science in the university but his love and passion for journalism has led him to become an investigative reporter. In this interview, Soyombo discusses the challenges of […]
Arik Aircraft Fleet Insurance Cover Expires Today
The entire insurance cover on the fleet of the distressed Arik Air will expire on Sunday, SaharaReporters can reveal. This implies that it will be impossible for the carrier to operate on Monday. SaharaReporters gathered that out of the 28 aircraft in the airline’s fleet, only 10 are airworthy, with […]
First Guarantee v. Nze Chidi Duru: One Week, One Trouble?
In a space of a few weeks, the former Vice Chairman of First Guarantee Pension Limited, Hon Nze Chidi Duru, has been arraigned twice in two different courts at two different locations, on criminal charges allegedly committed in the pension industry. Olaoluwakitan Babatunde who has been following developments around the […]
In a space of a few weeks, the former Vice Chairman of First Guarantee Pension Limited, Hon Nze Chidi Duru, has been arraigned twice in two different courts at two different locations, on criminal charges allegedly committed in the pension industry. Olaoluwakitan Babatunde who has been following developments around the […]
Insurers ramp up lobbying for favorable Obamacare fixes
BY TONY PUGH tpugh@mcclatchydc.com Facing an uncertain future as the Affordable Care Act teeters, health insurers have stepped up lobbying efforts to make sure their wish list of policy changes comes true. From Washington’s K Street to Capitol Hill, demand is high for industry operatives who can educate lawmakers, administration […]
Pay-as-you-go car insurance – perfect for the low-mileage driver?
Do you drive just a few miles a year but still end up paying lots for motor cover? Two start-up firms offering pay-as-you-go policies could be the answer Millions of people buy their mobile phone service on a pay-as-you-go contract – and now we are being offered car insurance in […]
