Kari It is always an honour to address my professional colleagues. It is my pleasure to yet again welcome you to this significant Insurance Professional Forum which also doubles as the first since the advent of the government of President Muhammed Buhari the thrust of whose administration is “Change”. For […]
Author: admin
African insurers beware
ALB African insurers buying reinsurance from the London insurance market will have to take into account the Insurance Act 2015, new legislation which comes into effect in August 2016. Garbhan Shanks, a partner with UK law firm Michelmores, investigates the changes. The new Insurance Act 2015 will come into […]
Hannah Awolowo is dead
HID and Awolowo The matriarch of the Awolowo family, Chief Hannah Idowu Dideolu Awolowo, is dead. Mama, as fondly called by many, died on Saturday at age 99. HID, would have turned 100 on November 25 this year. She reportedly died shortly after a meeting on Saturday with her family […]
Underwriters intensify efforts to settle outstanding claims
Kari Chuks Udo Okonta Just 11 days to the deadline given to insurance operators by the National Insurance Commission (NAICOM) to settle all outstanding claims, many of them are jostling to comply with the directives, Inspen can report. Investigations revealed that many of the underwriting firms which used to drag […]
UK insurance sector shakeup puts spotlight on Association of British Insurers
By Caitlin Morrison Britain’s insurance market has undergone massive changes over the past year, and a series of megadeals recently taking place in the sector is just one sign of how companies are scrambling to protect themselves against new policies impacting the industry. Chancellor George Osborne famously shook up […]
FG seeks warrant to arrest Saraki
Saraki The Federal Ministry of Justice has asked the Code of Conduct Tribunal, CCT, sitting in Abuja to issue bench warrant for the arrest of the Senate President, Dr. Bukola Saraki. Vanguard reported that a deputy director in the office of the Attorney General of the Federation, Mr. M.S. Hassan, applied […]
Faces at the 2015 insurance professionals’ forum
Former Presidents of the Chartered Insurance Institute of Nigeria been honoured at the event in Abeokuta, Ogun State.
The Risks of Buying Cheap Insurance
US News By Geoff Williams You’ve seen the ads. Some insurers promise coverage for extremely low insurance rates, making a big fuss over the great price but saying little about what you’ll get for that price. There’s nothing wrong with wanting a deal, but it’s important to remember that if […]
N3.25tr pension funds invested in govt securities, says PenOp
PENOP CHAIRMAN, MISBAHU YOLA AND EXECUTIVE SECRETARY MS SUSAN ORANYE AT THE EVENT The Nation By: Nduka Chiejina About N3.25 trillion out of the almost N5trillion of the Pension Funds so far collected have been invested in Federal Government securities, the managers of the fund, have said. The Chairman, Pension […]
Faces at the PenOp’s media Briefing in Abuja
PENOP CHAIRMAN, MISBAHU YOLA (3RD LEFT) ADDRESSING MEMBERS OF PRESS AT MEDIA BRIEFING IN ABUJA