Calls are growing for Republican Ben Carson to quit the 2016 race after he said a Muslim should not be president. BBC reported that Muslim-American groups, among others, have said these views make him unqualified to run himself. Mr Carson, a Christian, made the comments on Sunday, adding that Islam […]
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Olu Falae kidnapped in Ondo
A former secretary to the government of the federation, Chief Olu Falae, has been kidnapped in his farm in Ondo State. This was reported by Channels Television.
ARIAN inaugurates Imo chapter
The Association of Registered Insurance Agents of Nigeria (ARIAN) has inaugurated a new chapter in Owerri, the Imo State capital, its President, Gbadebo Olameru has said. According to him, the new chapter will enable the national secretariat to conduct the needed assessment to address some of its strategies towards the […]
A.M. Best to Speak at the 20th Annual African Reinsurance Forum
A.M. Best will present at the African Insurance Organisation’s (AIO) 20th Annual African Reinsurance Forum on “The Importance and Relevance of Credit Ratings in an Emerging Market.” Greg Carter, managing director of analytics—EMEA, will give the presentation on Tuesday, 6 October. The AIO-organised event will be held 4-6 October in […]
Okonjo-Iweala gets two international appointments
Chuks Udo Okonta *Elected Chair of the Board of Gavi, a $12 Billion Multilateral Public-Private Partnership on Vaccines *Appointed Senior Advisor, Lazard Investment Bank *Ex Minister Thanks Nigerians and International Community for Support Former Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala has accepted two key […]
Insurance broker, 50, acquitted of biting policeman’s hand is convicted after Hong Kong magistrate overturns verdict
Mark Kirkham given suspended jail sentence after court rules that he was not subject to excessive force An insurance broker previously acquitted of biting a policeman’s hand was yesterday convicted of assaulting the officer, as a magistrate overturned his previous verdict and ruled that the broker was by no means […]
Growing interest in cybercrime insurance
MORE South African businesses have been inquiring about and purchasing cybercrime insurance, according to independent insurance and risk specialist Risk Benefit Solutions. Internationally there have been a handful of high-profile instances of cybercrime, most notably the recent hacking of Ashley Madison and Sony Pictures that put millions of users’ confidential […]
Zurich Insurance abandons plans for RSA bid
Zurich Insurance has announced that it has finished its discussions with RSA and does not plan to make a bid. The Swiss insurer announced in July that it was considering buying its British counterpart for £5.6bn. RSA said that the approach had been unsolicited but that Zurich’s decision not to […]
Most actions of our professionals are criminal, says Kari
Chuks Udo Okonta Most of the actions of our professionals today are actually criminal, the Commissioner for Insurance Mohammed Kari, has said. He said this at the just concluded 2015 Insurance Professionals’ Forum in Abeokuta, Ogun State, stressing that if the Industry fails to implement its code of conduct, the […]
PFAs get N26.63bn monthly from RSA holders
Chuks Udo Okonta About N26.63 billion is contributed monthly by Retirement Saving Account (RSA), the National Pension Commission (PenCom) has said. The commission said in a report that the average monthly contributions by the private and public sectors were N17.46 billion and N9.17 billion respectively during the first quarter in […]
