Leave a comment Chuks Udo Okonta Lasaco Assurance Plc has entered into negotiations with the Lagos State Government over insurance of the recently procured security apparatus worth about N4.76 billion, secured to combat crime in the state. Inspen gathered that the underwriter had had meetings with agencies responsible for insurances […]
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UK pension funds urge firms to disregard certain regulator guidance
A group of British local government pension schemes has escalated its effort to change the way companies report by asking boards of the biggest 350 listed firms to disregard certain guidance from the accounting regulator. The move is the latest attempt by the Local Authority Pension Fund Forum to fix […]
New York pension fund launches $2 billion low-carbon index
A truck engine is tested for pollution exiting its exhaust pipe as California Air Resources field representatives (unseen) work a checkpoint set up to inspect heavy-duty trucks traveling near the Mexican-U.S. border in Otay Mesa, California September 10, 2013. REUTERS/Mike Blake A truck engine is tested for pollution exiting its […]
CIIN calls for tact over tenures for managing directors
Ahmed Leave a comment Chuks Udo Okonta The Director-General Chartered Insurance Institute of Nigeria (CIIN) Kola Ahmed, has called on proponents of tenure for managing directors to be careful in the handling of the initiative to forestall problems in the future. He told Inspen that the initiative is delicate, hence […]
Insurance agents plan black book for errant members
Mrs Omobola Tolu-Kushiro of the Nation Newspaper receiving Journalist of the year award from Gbadebo, while members of the ARIAN watch. Leave a comment Chuks Udo Okonta The Association of Registered Insurance Agents of Nigeria (ARIAN) has said it will launch an initiative tagged: ARIAN Black Book by first quarter […]
What to expect when the Draft Insurance Bill becomes and act in early 2016
The South African insurance industry has been undergoing significant changes this year, with more to be enacted early next year. On 17 April 2015, the National Treasury and the Financial Services Board issued a request for public comment on the Draft Insurance Bill, 2015 (“the Bill”). The Bill is in […]
ADDRESS BY LADY ISIOMA CHUKWUMA, PRESIDENT AND CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA DURING A COURTESY VISIT TO THE NIGERIA INSURERS ASSOCIATION
ADDRESS BY LADY ISIOMA CHUKWUMA, PRESIDENT AND CHAIRMAN OF COUNCIL, CHARTERED INSURANCE INSTITUTE OF NIGERIA DURING A COURTESY VISIT TO THE NIGERIA INSURERS ASSOCIATION ON THURSDAY 26TH NOVEMBER, 2015. PROTOCOLS It is a great delight to be here today on the occasion of yet another opportunity to reinforce the bonds […]
Insurance: FCA plan to make firms show former premiums
By Kevin Peachey Personal finance reporter Households receiving insurance renewal quotes will be told how much they paid the previous year to compare prices, under new proposals. A trial by the Financial Conduct Authority (FCA), found that including the previous year’s premium on renewal notices prompted people to shop around. […]
1 in 10 insurance claims turns out to be a fraud
By Mayur Shetty Insurance claim frauds – which are growing in number and getting more innovative – have put insurers in a dilemma. Companies want to simplify the claims process and wipe out the trust deficit faced by insurers. But this is turning out to be tough when frauds are […]
Face at the 2015 ARIAN Annual National Conference , Election, AGM and 6th Award Ceremony
Panel of discousants From left: Gbadebo and Faruna
