Kindly leave a comment and share Chuks Udo Okonta African Export-Import Bank (“Afreximbank” ) is participating in the inaugural Africa Climate Summit, at which leading decisionmakers – from Africa and the wider international community – are gathering to discuss Africa’s exposure to climate change and its associated costs, with solutions […]
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WAICA applauds regulatory approval of SanlamAllianz
Kindly leave a comment and share Chuks Udo Okonta The West African Insurance Companies Association (WAICA) has applauded the regulatory approval for formation of SanlamAllianz – a joint venture that is expected to create leading Pan-African non-banking financial services company with a presence in 27 countries in Africa. The Secretary […]
Newly launched SanlamAllianz to provide insurance and financial services in 27 African markets
Kindly leave a comment and share Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s leading insurers and financial services providers are pleased to announce that they have received regulatory approvals for the joint venture that will create the leading Pan-African non-banking financial services company with […]
How to save money by sharing your good insurance experience
Kindly leave a comment and share Chuks Udo Okonta The school alumni of Joe Osaro was burdened by regular financial contributions for burial of deceased members. Having spent much on contributing for families of deceased members, Osaro, who had formerly worked in an insurance company, introduced life insurance policy to […]
Stanbic IBTC Asset Management surpasses N1tn asset under management
Kindly leave a comment and Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, is pleased to announce that it has reached a monumental milestone by successfully crossing the ₦1 trillion asset under management threshold. This accomplishment serves as a testament to Stanbic IBTC Asset Management’s dedication to innovation, […]
Afreximbank signs land acquisition agreement for African Trade Centre in Egypt’s new administrative capital
Kindly leave a comment and share African Export-Import Bank (Afreximbank) has signed a formal agreement for the acquisition of land for the New Administrative Capital African Trade Centre (NAC-ATC), which will house the Bank’s headquarters, along with other trade-supporting facilities and entities, in Egypt’s new administrative capital in Cairo. The […]
Number of uninsured vehicles increases in South Africa
Kindly leave a comment and share An increase in the number of uninsured vehicles on South African roads diminishes the likelihood of recoveries from third parties, says global insurance broker Aon in its “Insurance State of the Market 2023” report. In a section of the report commenting on market trends […]
Heirs Insurance Group bags N20bn gross written premium in 2022, pays N2.6bn claims
Kindly leave a comment and share Chuks Udo Okonta Heirs Insurance Group, comprising Heirs General Insurance (HGI) and Heirs Life Assurance (HLA), announced a record-high 226 per cent jump in Gross Written Premium (GWP), from N6.1bn in 2021 to N19.9 billion for the financial year ended December 31, 2022. With […]
Sanlam drives uptake of motor insurance with new sales outlet in Lagos
Kindly leave a comment and share Sanlam General Insurance, a subsidiary of Sanlam Life Insurance and member of the Sanlam Pan African group, has opened a new Sales Outlet at 2, Wemco Road, Agidingbi, Ikeja, Lagos to particularly aid ease of access to her motor insurance plans. A statement by […]
Premium Pension pays 14 RSA holders N216.863m for residential mortgage
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, said it has successfully paid N216.863 million to 14 Retirement Savings Account (RSA) holders who have applied to access 25 per cent of their pension savings as equity contributions for residential mortgage A statement by the firm’s Head, […]
