Continental Reinsurance Plc, a pan-African reinsurance company and the largest private reinsurance player outside of South Africa, is celebrating the success of its strategic growth plans to establish fully licensed subsidiaries across the African continent. Lawrence Nazare, executive director of Continental Reinsurance, explains that the establishment of the subsidiary in […]
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African Risk Capacity (ARC) gets $150m in support from COP21 countries
The African Risk Capacity (ARC), Africa’s first sovereign catastrophe insurance pool, is set to receive $150 million in support pledged by countries attending the Paris COP21 climate change talks over the last fortnight. The African Risk Capacity (ARC) has received a significant amount of coverage and support over the last […]
How Hollard is leveraging retailers and telcos to sell insurance in Africa
South African-owned short term and life insurer, Hollard Insurance Group, was established in 1980, and has since expanded its operations to other markets – including China, Australia, Zambia, Botswana, Namibia, Mozambique and Ghana. The company has an annual turnover of more than R15bn (about $1bn), which it has grown with […]
Chelsea Fire Coach Jose Mourinho
Mourinho Chelsea have finally sacked manager, Jose Mourinho, seven months after he led them to the Premier League title. The 52-year-old Portuguese had been in his second spell at the club as the Blues are currently 16th on the EPL table. Chelsea finished eight points clear last season and also […]
China issues guidance for internal control of insurance funds
China’s insurance regulator on Tuesday issued a guidance for internal control of insurance funds partly to raise the sector’s risk management capability. The China Insurance Regulatory Commission (CIRC) said in a statement on its website that the guidance will improve internal control for the use of insurance funds, enhance the […]
Lloyd’s of London to launch insurance-based index
By Sarah Veysey Lloyd’s of London will launch an insurance-based index in mid-2016, the market announced Wednesday. Lloyd’s said in a statement that the index would give managing agents, brokers and other insurers “new options for managing risk and form the basis of index-related products of interest to the wider […]
Fitch Downgrades 2 South African Insurance Groups’ IFS Ratings
(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: South Africa Insurance Review (Six Groups) – Rating Action Report here LONDON, December 14 (Fitch) Fitch Ratings has completed a review covering six insurance groups within South Africa focused exclusively on the impact of Fitch’s downgrade […]
159 professionals join insurance workforce
From left: Immediate Past President, Chartered Insurance Institute of Nigeria(CIIN), Past Mr. Bola Temowo; President, CIIN, Lady Isioma Chukwuma and Deputy President, CIIN, Mrs. Funmi Babington-Ashaye at the 2015 Graduation Ceremony of the institute in Ikeja, Lagos. Leave a comment Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) […]
ADDRESS BY LADY ISIOMA CHUKWUMA, PRESIDENT/CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA, DURING THE INSTITUTE’S 2015 GRADUATION AND AWARDS CEREMONY
ADDRESS BY LADY ISIOMA CHUKWUMA, PRESIDENT/CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA, DURING THE INSTITUTE’S 2015 GRADUATION AND AWARDS CEREMONY HELD ON TUESDAY 15TH DECEMBER, 2015 AT 10 DEGREES EVENTS CENTRE, IKEJA, LAGOS STATE OF NIGERIA. PROTOCOLS It is my pleasure to welcome you most heartily on the occasion […]
Retirees in Lagos State get N1.9 billion cash
Leave a comment Chuks Udo Okonta The Lagos State Government has paid another batch of retirees numbering 298 from the State Public Service for the month of December.This, Dr. Akintola Benson Oke, the Commissioner for Establishments, Training and Pensions says demonstrates government’s commitment to the welfare of its workers that […]
