The Affordable Care Act, also known as Obamacare, has reduced racial disparities in health insurance coverage rates between whites and people of color. I and others have discussed the historic increase in health insurance coverage for Latinos, African Americans, and Asian Americans. These findings should not obscure the fact that […]
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PRA 2014: Private sector pushes compliance to 60%
Longe Leave a comment and share Chuks Udo Okonta Pension contributions by the private sector have shore up implementation of the Pension Reform Act (PRA) 2014 to 60 per cent, Inspen can report. The President Pension Fund Operators Association of Nigeria (PenOp) Eguarekhide Longe, said this in an interview with […]
Metropolitan Insurance now Hollard Insurance Ghana
The Metropolitan Insurance Company (MET) has re-branded to Hollard Insurance Ghana Limited following its acquisition by the South African Insurer. “Today, just as a young lady might get married and voluntarily take on the name of her chosen life partner, we at MET have decided to take on a new […]
NAICOM to implement code of corporate governance by April 1st
From left: Head Corporate Communications, National Insurance Commission (NAICOM), Rasaaq Salami; Managing Director Consolidated Hallmark Insurance Plc and Chairman Sub Committee Technical, Eddie Efekoha; Group Managing Director Continental Reinsurance and Chairman Sub Committee on prudential , Femi Oyetunji ; Managing Director FBN and Chairman Sub Committee on Corporate governance Relation, […]
Jumia, AXA partner to provide insurance products, services to African customers
Press Release Africa Internet Group (“AIG”) (http://AfricaInternetGroup.com), a leading e-commerce group in Africa, and AXA (www.AXA.com), a worldwide leader in insurance and asset management, today announced a partnership whereby AXA will become the exclusive provider of insurance products and services through Jumia and other AIG online and mobile platforms in […]
Entrenching Best Practices in Insurance
The absence of a strong legislative framework is one of the factors militating against the adoption of global best practices in the insurance industry, writes Ebere Nwoji In the words of the immediate past Commissioner for Insurance, Mr. Fola Daniel: “By its nature, role and position, insurance, is a veritable […]
Deloitte targets insurance with ConVista buy
Deloitte (Africa) has acquired the business assets and now directly employees the 30-person team of ConVista Consulting, the South African subsidiary of the German consulting firm ConVista AG, as it continues to expand its financial services capabilities, with a particular focus on the insurance industry. The acquisition of the ConVista […]
2010 accounts of some insurers still undisclosed – NAICOM
Leave a comment and share Chuks Udo Okonta In spite that they transact businesses, three insurance firms have resolved to keep their financial status in secrecy, flouting the law which mandates them to submit their accounts at the end of each financial year to the industry regulator for approval. According […]
Custodian, Hogg Robinson secure NNPC’s multi-billion oil insurance
Leave a comment, share Chuks Udo Okonta Custodian and Allied Insurance and Hogg Robinson have been appointed as lead insurer and broker by the Nigerian National Petroleum Corporation (NNPC) for its 2016 oil insurance business, Inspen has leant. It was gathered that while the duo where chosen for the oil […]
Age UK found to be making millions from insurance and funeral deals
Age UK has made millions of pounds by providing insurance and funeral services to elderly people, amid criticism of its commercial arrangements with a leading energy supplier. The charity’s commercial arm, Age UK Enterprises Limited, provided almost half a million home, travel and car insurance policies in collaboration with Ageas […]
