By Carolyn Cohn Underwriters at Lloyd’s of London lost money in 2016, driving the 90-plus syndicates in the insurance market to be more selective in the risks they take on and forcing Lloyd’s to cut its subscription rates. To tackle the downturn in premium rates, insurers would need to review […]
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Full speech of President Buhari at 2017 Budget presentation
Buhari SPEECH OF H.E. PRESIDENT MUHAMMADU BUHARI ON THE 2017 BUDGET OF RECOVERY AND GROWTH AT JOINT SESSION OF THE NATIONAL ASSEMBLY 14TH DECEMBER 2016 Protocols It is my pleasure to present the 2017 Budget Proposals to this distinguished Joint Assembly: the Budget of Recovery and Growth. We propose that […]
Photos: Faces at FBNInsurance end of year party
From left: Chairperson, FBNInsurance Limited, Mrs Adenrele Kehinde; Dr Umekwe Odinakachi and Managing Director, FBNInsurance Limited, Val Ojumah at the event in Lagos. Chairperson, FBNInsurance Limited, Mrs Adenrele Kehinde Presenting an award to a member of staff at the event in Lagos. Managing Director of FBNInsurance General, Bode Opadokun Presenting […]
Photos: Faces at FBNInsurance end of year party
From left: Managing Director of FBNInsurance General, Bode Opadokun and Managing Director, FBNInsurance Limited, Val Ojumah at the event in Lagos. Head, Marketing and Corporate Communications, FBNInsurance, Elizabeth Agugoh (3rd right) and other member of staff at the event in Lagos. Ojumah addressing dignitaries at the event.
Photos: Faces at NCRIB members’s evening
From left: Managing Director, Mutual Benefits Assurance Plc, Segun Omosehin and President, Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren at the event.
NCRIB boss unveils survival strategy for brokers amid recession
From left: Managing Director, Mutual Benefits Assurance Plc, Segun Omosehin and President, Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren at the event. Leave a comment and share Chuks Udo Okonta The President, Nigerian Council of Registered Insurance Brokers (NCRIB) Kayode Okunoren, has said insurance brokers need to be […]
Insurers want Trump to retain some parts of Obamacare Insurers want Trump to retain some parts of Obamacare
The proverbial clock is ticking. Once Donald Trump becomes president in January, it seems a matter of when, not if, the Affordable Care Act, America’s health law of the land, will be repealed or significantly amended. One of the key talking points of Trump’s campaign, and of the Republican Party […]
UK insurance body launches flood insurance for businesses
The British Insurance Brokers’ Association (BIBA) said it had launched an insurance scheme that provided flood cover for businesses, after the government backed a similar scheme for homeowners earlier this year. BIBA said the scheme, available only to its members and backed by Lloyd’s underwriting, will provide insurance for commercial […]
Insurance: Disquiet over Lloyds’ threat to withdraw services for airlines
Hadi Sirika, Minister of State for Aviation By Abdullateef Aliyu There is unease among domestic airlines in Nigeria following threat by Lloyd’s of London, the world’s leading insurance market, to blacklist them over irregular payment of premiums. It was learnt that representatives of Lloyd’s of London market were in Nigeria […]
17 Insurance Firms Battle Regulatory, Financial Issues, Unable To Hold AGM
By ZAKA KHALIQ As public and private companies across the country close their financial books for 2016, about 17 insurance companies, some of who were publicly quoted on the floor of Nigerian Stock Exchange(NSE), were unable to conduct their 2015 Annual General Meeting(AGM), LEADERSHIP exclusively learnt. Investigation shows that the […]
