South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said it had chosen a BlackRock Inc unit and Grosvenor Capital Management to manage investments in funds of hedge funds in 2016. NPS, which plans to begin investing in hedge funds this year, plans to entrust BlackRock Financial Management […]
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African Risk Capacity Insurance Company Limited appoints former IFC Director Dolika Banda as CEO
She will take the reins from Dr Simon Young, who was appointed CEO in 2014 after playing a leading role in the development of the ARC programme The African Risk Capacity Insurance Company Limited (ARC Ltd) (http://ltd.ARC.int) has announced the appointment of former IFC Director Ms Dolika Banda as Chief […]
ADDRESS DELIVERED BY LADY ISIOMA CHUKWUMA, CHAIRMAN, INSURANCE INDUSTRY CONSULTATIVE COUNCIL (IICC) AT THE OPENING CEREMONY OF THE NATIONAL INSURANCE CONFERENCE
ADDRESS DELIVERED BY LADY ISIOMA CHUKWUMA, CHAIRMAN, INSURANCE INDUSTRY CONSULTATIVE COUNCIL (IICC) AT THE OPENING CEREMONY OF THE NATIONAL INSURANCE CONFERENCE ON MONDAY 11TH JULY, 2016 AT THE CONGRESS HALL, TRANSCORP HILTON, ABUJA. PROTOCOLS Today marks another significant day in annals of the Nigerian Insurance Industry with the commencement of […]
Less than 23 insurance firms advertise products – Adeosun
From left: Chairman Nigerian Insurers Assocation (NIA), Eddie Efekoha, Chairman Insurance Industry Consultative Council (IICC) and President Chartered Insurance Institute of Nigeria (CIIN) Lady Isioma Chukwuma, Deputy Chairman House Committee on Insurance and Actuarial Matters National Assembly, Olufemi Fakeye, Minister of Finance, Mrs Kemi Adeosun, Commissioner for Insurance, Mohammed Kari, […]
NCRIB boss wins national award
The President, Nigerian Council of Registered Insurance Brokers (NCRIB), Kayode Okunoren receiving National Outstanding Leadership Award 2016 from the Vice President, National Association of Nigerian Student (NANS), Comrade Lawal A’Pounds at the NCRIB Secretariat recently. National Association of Nigerian Student (NANS) has conferred on the President, Nigerian Council of Registered […]
French insurance lobbies merge
The two lobby groups of French mutual and traditional insurers officially merged on Friday into the French Insurance Federation (FFA), as the sector faces a wave of consolidation and new regulations. The newly created association covers 280 insurance companies, or 99 percent of the market. “Insurers will benefit from an […]
Three African states to join pan-African trade insurer
Zimbabwe, Ethiopia and Ivory Coast are expected to join the Africa Trade Insurance Agency (ATI) by the end of September, officials said on Wednesday. ATI CEO George Otieno told a media briefing in the Kenyan capital Nairobi that Zimbabwe, Ethiopia and Ivory Coast were all at advanced stages of joining […]
Insurers propose changes to Obama health law
Insurers want to change President Barack Obama’s health care law to provide financial assistance for people buying bare-bones coverage. That would entice the healthy and the young, the industry says, holding down premiums. So-called catastrophic plans are currently not eligible for the law’s subsidies, and only 2 percent of the […]
NIID: NIA loses about N82.44m to fake insurance
Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) in 2015 made N20.61 million from the Nigerian Insurance Industry Database (NIID), an indication that about N82.44 million was loss as a result of the 12 million uninsured vehicles on the nation’s roads. The NIA in its […]
Insurance Institute eyes global partnerships to boost human resource dev’t
The Institute plans to sign partnership agreements with the national Insurance Institute of India. IIU’s Chairman governing council Ronald Zaake (Right) talks to Mark Twinamukye and Michael Bartlett of Bartlett Africa Ltd as IIU’s Chief Executive Officer Elvis Khisa (Left) looks on.(Picture by Benjamin Ssebaggala) The Insurance Institute of Uganda […]
