Guwahati: Understanding the endless difficulties and financial limitations faced by the media persons, voices have been raised for a group life & health insurance coverage for the media employees including working & freelance journalists engaged with various media outlets of the city. The members of Guwahati Press Club emphasize on […]
Insurance
Digital Economy Forcing U.S. Insurers to Modernize
Syntel names automation, flexible technology systems among top requirements for innovations in insurance sector (GLOBE NEWSWIRE) — Syntel, Inc. (Nasdaq:SYNT), a global provider of digital modernization, information technology and knowledge process services, finds that U.S. insurance companies are increasingly joining the digital revolution in response to a growing number of […]
No plans to sack insurance workers – NIA
From left: Director Technical, Legal and Admin, Nigerian Insurers Association, Mrs Olawunmi Idowu; Chairman, Godwin Wiggle and Director-General, Sunday Thomas at the event. Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) has said insurers would not sack workers in spite the present economic impasse. Its […]
Allianz agrees to acquire Moroccan subsidiary of Zurich
Leave a comment and share Chuks Udo Okonta • Acquisition a major milestone for Allianz in Africa • Pending regulatory approvals, transaction expected to close end of 2016 Allianz Group announced today a binding agreement for Allianz to acquire Zurich Assurances Maroc, a subsidiary of Zurich Insurance Company in Morocco. […]
Rwandan experts push for growth of insurance sector in Africa
From left: Representative of the Minister of Finance, Nigeria Auwal Ahmed Maidabino, CFI Mohammed Kari and Oye Hassan Odukale, Managing Director of Leadway Insurance Company Limited at the plenary session of Africa Re in Kigali, Rwanda. Africa needs favourable insurance regulation to enable the growth of insurance market on the […]
Royal Exchange confirms Auwalu Muktari as Group Managing Director
Muktari Leave a comment and share Chuks Udo Okonta The Board of Directors of Royal Exchange Plc, Nigeria’s leading Insurance and Asset Management Group has announced the appointment of Auwalu Muktari, as the substantive Group Managing Director, with effect from June 15, 2016. This indication was made known at the […]
Islamic cleric urges Muslims to embrace insurance
From left: Director-General Chartered Insurance Institute of Nigeria, Richard Borokini; Managing Director Staco Insurance Plc, Sakiru Oyefeso; Chief Imam, Oluyole Estate Extension Ibadan, M.A. Bada; Group Managing Director AIICO Insurance Plc, Edwin Igbiti and former Director-General CIIN, Kola Ahmed at the event. Leave a comment and share Chuks Udo Okonta […]
MTN Nigeria unveils automation service for insurers
MTN Nigeria has brought out Insurance Automation Service to enable insurance companies to eliminate the manual processes involved in capturing field data and get live visibility of field activities, spur faster decision-making and planning. MTN said that the new service will increase efficiency and cut costs by providing access to […]
One million fishermen to benefit from insurance policy
By Godwill Arthur-Mensah More than one million fishermen would benefit from the insurance policy instituted by the Government to safeguard the safety of their canoes, outboard motors, nets and other fishing inputs. Madam Sherry Ayittey, the Minister of Fisheries and Aquaculture Development, made this known at a meeting with some […]
A.M. Best Upgrades Ratings of African Reinsurance Corporation
A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of African Reinsurance Corporation (Africa Re) (Nigeria). The outlook for each rating has been revised to stable from positive. The upgrade reflects Africa Re’s excellent risk-adjusted capitalisation, […]
