Tope Adaramola Since the beginning of this year, a gale of tragedies has hit the re-evolving Nigerian Soccer league, starting with the alleged gruesome killing of the young and talented player of Remo Stars in Ogun State, Tiamiyu Kazeem, by exuberant operatives of SARS. While still smarting from the tragedy, […]
Insurance
FBN General Insurance wins 2019 Most Innovative Insurance Company Award
From left: Bolaji Ayanlaja; Executive Assistant to the Managing Director, FBN General Insurance; Ayowale Eseyin, Information Technology, FBN General Insurance; John Agbai, Head, Information Technology, FBN General Insurance; Oluwaseun Ogunlade, Head, Strategy, FBN General Insurance at the Information Technology Association of Nigeria (ITAN) Award presentation held recently. Leave a comment […]
COVID-19:AIO moves 47th Conference to October 3-7, 2020
Leave a comment and share Chuks Udo Okonta The Executive Council of African Insurance Organisation (AIO) has moved the 47th general assembly of AIO scheduled to hold in Lagos, Nigeria in May to October 3-7, 2020. A statement signed by the President Delphine Traore and the Secretary General, Jean Baptiste […]
COVID-19:Half a million Canadians file for employment insurance
By Zuhara Yusoff Half a million Canadians, or about 2.5% of the labour force, have filed for employment insurance last week following layoffs due to the economic impact of the coronavirus pandemic. The number of applications received was 20 times the number recorded in the same week a year ago, […]
India:Insurer launches cheapest COVID-19 cover
By Jimmy John With the number of positive cases rising every day in India, private non-life player ICICI Lombard has launched what it says is the cheapest COVID-19 cover in the market. The ‘COVID-19 Protection Cover’ provides cover to individuals between 18 and 75 for a sum insured of $330 […]
Linkage Assurance Women eye greater opportunities for more relevance
From left: Mrs. Temitope Abolaji, Marketer, Linkage Assurance Plc; Ms. Floy Ukadike, Marketer, Linkage Assurance Plc; Mrs. Olubukola Olaniyan, Marketer, Linkage Assurance Plc; Mrs. Joyce Ojemudia, GM, Marketing, Linkage Assurance Plc; Mrs. Chioma Ogugua, Underwriter, Linkage Assurance Plc); Ms. Mercy Osunde, Marketer, Linkage Assurance Plc during the celebration of International […]
FCA sets out expectations from general insurers during coronavirus pandemic
By Anoop Khanna The UK’s Financial Conduct Authority (FCA) has set out its expectations from general insurers and has also provided information for consumers about what they should seek from their insurance provider during the coronavirus pandemic. The FCA release provides information on travel, motor and home, and private medical […]
RIMSON postpones 2020 executive risk management seminar, induction of new members
President of RIMSON, Raymond Akalonu Leave a comment and share Chuks Udo Okonta The President and Executive Committee of Risk Managers Society of Nigeria ( RIMSON ) has regrettably postponed the 2020 Executive Risk Management Seminar and Induction of new Members, Associates and Fellows, originally slated for Tuesday, March 24, […]
NAICOM to bar insurers from foreign expansion post recapitalisation
Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has forewarned insurance companies not to consider foreign expansion post recapitalisation, as funds raised in the ongoing recapitalisation will be deployed locally to underwrite big businesses, pay claims and support the economy. The Acting Commissioner for […]
COVID-19: Indian traders’ body demands insurance cover for disrupted business and loss of income
By Anoop Khanna The Confederation of All India Traders (CAIT) has sought a mandatory insurance cover for business disruptions and loss of income from pandemics like COVID-19. In a letter addressed to Indian finance minister Nirmala Sitharaman, CAIT said, “It is pertinent to note that (non-damage) business interruption insurance available […]
