Prosecutors on Wednesday painted a former high-ranking Detroit cop convicted in a Kwame Kilpatrick-era corruption scandal as a greedy liar and remorseless, entitled bribe-taker who should spend at least eight years in prison. In a blistering filing, federal prosecutors made the request two days after Paul Stewart’s co-defendant, ex-Detroit Treasurer […]
Author: admin
Less than 20% of population under health insurance cover: Report
Despite liberalization of the insurance sector, only around 21.6 crore people – less than one-fifth of India’s population – are covered under health insurance. Even among those who have some form of coverage, 67% are covered by public insurance companies, according to National Health Profile 2015, compiled by the Central […]
2015 African Legends Night Gets Insurance Cover
Event organizers Global Media Alliance (GMA) has secured an insurance cover for this year’s African Legends Night slated for September 26, 2015 at the State House Banquet Hall, Accra. GMA announced that insurance firm Phoenix Insurance, a subsidiary of the CDH Group, is the official insurance company for the much-anticipated […]
WHO welcomes appointment of Chair-elect of Gavi Board Dr Ngozi Okonjo-Iweala
Statement by WHO Director-General, Dr Margaret Chan 22 September 2015 WHO welcomes the appointment of the Chair-elect of the Board of Gavi, the Vaccine Alliance, Dr Ngozi Okonjo-Iweala. She will take up the position of Chair from January 2016. Dr Okonjo-Iweala is a renowned development economist and former Nigerian Finance […]
Emerging Capital exits Continental Reinsurance
Emerging Capital Partners, along with its investment partners, has sold C-Re Holding Ltd. to Saham Finances S.A, the insurance arm of Saham Group. Financial terms weren’t announced. C-Re owns 53.6 percent of Continental Reinsurance, a private reinsurance company in Africa, excluding South Africa. PRESS RELEASE 22 September 2015: Emerging Capital […]
Buhari approves N70m for Independence celebrations
Worried by the dwindling revenues of the country, President Muhammadu Buhari approved only N70million for this year’s Independence celebrations. Addressing journalists on Tuesday, the Secretary to the Government of the Federation, Babachir Lawal who was represented by the Permanent Secretary in the Office of the Secretary to the Government of […]
Soludo, Fayemi visit Buhari’s CoS ahead of ministerial appointments
Former Governor of the Central Bank of Nigeria, CBN, Professor Charles Soludo, and former Governor of Ekiti State, Kayode Fayemi, were yesterday sighted at the Presidential Villa, Abuja, filling visitors’ forms on their way to the office of Alhaji Abba Kyari, Chief of Staff to President Muhammadu Buhari. The Vanguard […]
Saraki succumbs, says I am not guilty
The Code of Conduct Tribunal, CCT, has compelled the Senate President, Dr. Olubukola Saraki, to mount the dock to answer to corruption charges preferred against him by the federal government. The Vanguard reported that Saraki who initially refused to enter inside the accused box to enter his plea to the […]
UK government to take forward new insurance ‘prompt payment’ requirement
Insurers would be under a legal requirement to settle claims within a “reasonable time” if new laws introduced to the UK parliament are passed in their current form. Out-Law.Com reported that the new requirement is included in the Enterprise Bill, which is currently before the UK parliament. Although it would […]
Kari to insurers practice what you preach
Leave a comment Chuks Udo Okonta The Commissioner for Insurance Mohammed Kari has urged insurance operators to reflect professionalism in their words and deeds by upholding the tenets, ethics and principles of their profession. His disclosed this in Abeokuta, the Ogun State Capital, stressing that operators should imbibe the spirit […]
