Efekoha Leave a comment and share Chuks Udo Okonta The knowledge of marine insurance is fast eroding in the industry, a group of underwriters have said. This assertion was made by the Marine Offices Committee in a report presented to the the Nigerian Insurers Association (NIA). The committee attributed the […]
Author: admin
Great Nigeria Insurance drums need for insurance
Mrs Osipitan Leave a comment and share Chuks Udo Okonta Runs GNIONGO on Radio Great Nigeria Insurance Plc has called on Nigerians to adopt the culture of insurance now more than ever before. This advice is coming at the heels of the various incessant cases of road accidents across the […]
Kenyan Insurers Face New Capital Rules Which Could Lead to Market Shakeout
By Bella Genga A push by Kenyan regulators to clean up the East African country’s insurance industry is poised to trigger stake sales or exits by underwriters unable to meet the new capital requirements, according to an industry group. Most companies missed a June deadline to start building capital levels […]
Supporting Pensions With Taxpayer Dollars Is A Slippery Slope
Thousands of pension plans currently sit underfunded and many people are already looking to Congress to shore up the funds. U.S. Senator Mike Enzi, R-Wyo., is worried that government support for any one pension fund could set a dangerous precedent that could cost lots of taxpayer dollars. Enzi spoke specifically […]
Theresa May’s cabinet: Who’s in and who’s out?
FBN General Insurance guns for retail business
From left: Chinyere Elue, Head, Business Development, Lagos Mainland, FBNGI; Bode Opadokun, MD/CEO, FBNGI; Olumide Ibidapo, Head, Technical and Branch Operations, FBNGI; Shola Osho, Head, Business Development, Lagos Island, FBNGI at the Media Parley held to announce the appointment of the new MD/CEO of FBN General Insurance. Leave a comment […]
UK IFA launches new life cover service for British expats
By Monira Matin Unusual Risks, a UK-based mortgage and insurance advice firm has launched a new service aimed at providing life insurance to British expat living abroad. The firm said the new fee-based offering was created off the back of its Expatriate Life Insurance Survey 2016, which found that just […]
Establish an insurance company, commercial drivers urged
By Felicia Yeboah-Akpoh Jacob Allotey-Jacobs, a member of the National Petroleum Authority (NPA), has called on commercial drivers to established an insurance company to generate additional income to boost their resources. He said as practiced in other countries, drivers could form a company, pay their premium and invest the proceeds […]
UK motor insurance premiums increase – survey
The cost of British car insurance rose 6.5 percent in the second quarter compared with the previous three months, website Confused.com said, with the increase blamed on higher prices for repairing more complex vehicles. The cost of an average comprehensive motor premium rose to 715 pounds ($928) in the three […]
FBN General Insurance appoints Opadokun MD/CEO
Opadokun Leave a comment and share Chuks Udo Okonta FBN General Insurance Limited has announced the appointment of Olabode Opadokun as its Managing Director/Chief Executive Officer. The firm in a statement said Opadokun is a consummate financial services professional with over 27 years’ experience spanning underwriting, risk assessment, operations and […]