A total of seven people were killed while eight passengers were in critical condition in an accident that involved Dangote truck at Sango-Ota in Ogun state, on Saturday, February 15, 2020. Leave a comment and share Chuks Udo Okonta Over N450 million was paid as motor accident claims by insurance […]
Insurance
Funmi Babington-Ashaye launches mentorship programme
From Left: Mentees , Oatha Theresa, Margret Moore, Teniola Stuffman, The Founder, Funmi Babington-Ashaye Foundation, Mrs Funmi Babington-Ashaye, Tola Makinde and Patience Omoigiade at the launch of Mentors Program recently. Insurance expert, Managing Director/CEO, Risks Analysts Insurance Brokers Limited and founder of Funmi Babington-Ashaye foundation, Mrs. Funmi Babington-Ashaye, has launched […]
NIA lauds FG on Finance Act 2020
Mrs. Ilori Leave a comment and share Chuks Udo Okonta The Director-General, Nigerian Insurers Association (NIA) Mrs. Yetunde Ilori has lauded President Muhammadu Buhari for the speedy assent to the Finance Act 2020, describing the move as a welcome development which will usher in a new lease of life for […]
Royal Exchange General Insurance targets 40,000 farmers in 2020
From left: Group Executive Director, Operations, Royal Exchange Plc, John Iwuajoku; Benjamin Agili, Managing Director, Royal Exchange General Insurance Company Limited; Group Managing Director, Royal Exchange Plc, Wale Banmore; Executive Director, Nelson Akerele and Group Head, Corporate Communications, Wilson Okoh-Esene at the event in Lagos. * First-ever insurer to launch […]
Royal Exchange General Insurance Company Agric Insurance Initiative 2020 & beyond
Agili A lot of firsts were recorded by Royal Exchange General Insurance Company (REGIC) in the year 2019. Starting off with the spill over of investment talks with the InsuResilience Investment Fund (IIF) of the German Development Bank (KfW) in 2018 which culminated in thefull and final closure of an […]
African Alliance Insurance to support Headfort Foundation
From left: Hairat Suleiman, Legal Practititioner, Headfort Foundation; Bankole Banjo, Brand, Media and Communications Manager, African Alliance; Itunuoluwa Awolu, Legal Practitioner, Headfort Foundation; Funmi Omo, MD/CEO, African Alliance; Yemi Orija, Convener, Headfort Foundation and Deshola Adenowo, Executive Assistant to the MD/CE, African Alliance during Headfort Foundation’s courtesy visit to African […]
Royal Exchange eyes June 30 to finalise recapitalisation plan
From left: Group Executive Director, Operations, Royal Exchange Plc, John Iwuajoku; Benjamin Agili, Managing Director, Royal Exchange General Insurance Company Limited; Group Managing Director, Royal Exchange Plc, Wale Banmore; Executive Director, Nelson Akerele and Group Head, Corporate Communications, Wilson Okoh-Esene at the event in Lagos. Leave a comment and share […]
AIICO Insurance seeks shareholders’ nod to raise additional N3.5bn via rights issue
Fajemirokun, Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc. is positioning to go above and beyond, leaving no stone unturned in its continued effort to creating and protecting for its customers wealth and deliver value to its stakeholders. This has reflected in its year-on-year upward trajectory in […]
Efekoha implores government to activate initiative on insurance compliance certificate
Efekoha Leave a comment and share Chuks Udo Okonta Six years after the former Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, raised the need for enforcement of insurance through issuance of compliance certificates to policyholders, nothing has been done to activate the initiative. Worried about the […]
Share capital: African Alliance, Leadway, Universal insurance top industry’s chart
Leave a comment and share Chuks Udo Okonta As insurance companies scramble to raise the required paid-up share capital that would enable them remain afloat beyond the December 31, 2020, recapitalisation deadline set by the National Insurance Commission (NAICOM), available data has revealed the top rated firms in terms of […]
