By Jimmy John Future Generali, a private non-life player in India has launched a group medical insurance policy that also covers COVID-19. The insurance policy will provide a lump-sum benefit in case the insured is diagnosed or quarantined for a suspected sign, symptom or infection of COVID-19. Past medical history […]
Insurance
South Africa:Sanlam well-capitalised with pandemic reserve of $42m
By Zuhara Yusoff Africa’s largest insurer Sanlam and its subsidiary Santam have issued shareholder notices on the impact of the COVID-19 outbreak on their operations. The pandemic will negatively impact the growth prospects of the group, but both businesses said that they are well-capitalised to ride out the storm. “Sanlam […]
COVID-19: India insurance regulator makes things more convenient for insureds
By Anoop Khanna Insurance Regulatory and Development Authority of India (IRDAI) has issued detailed instructions for Indian insurers to meet the challenges emerging from the developing COVID-19 pandemic. In a press release issued on 30 March 2020, IRDAI member (life) K Ganesh said, “Insurance, being a critical requirement of the […]
Allianz Global Corporate & Specialty appoints first Chief Data Officer
*Chief Data Officer Ali Shahkarami will align global data initiatives, tools and investments and further drive AGCS’s data and analytics strategy *With this newly created role Allianz Global Corporate & Specialty (AGCS) aims to create a ‘data first’ decision making culture *AGCS Chief Operation Officer Bettina Dietsche: “Data and analytics […]
Royal Exchange contributes to NIA COVID-19 support fund
Banmore Leave a comment and share Chuks Udo Okonta Royal Exchange Plc, through her insurance subsidiaries, Royal Exchange General Insurance Company (REGIC) and Royal Exchange Prudential Life Plc (REPL) has made a financial commitment to The Nigeria Insurers Association (NIA) COVID-19 Support Fund. This Fund, set up by the umbrella […]
Coronavirus in Nigeria – Implications for Royal Exchange Plc and her clients
Banmore As the Corona Virus ravages many countries and is also wreaking havoc in Nigeria, it is important that as an organisation, Royal Exchange Plc is at the forefront of implementing policies and actions that guarantees the health and safety of all our employees nationwide and our numerous clients how […]
Insurance brokers laud FG, States for halting spread of COVID-19
Onigbogi Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has applauded the decisive steps taken by the Federal and State Governments toward halting the spread of COVID-19 in Nigeria. A statement by the President of the Council, Dr. (Mrs.) Bola Onigbogi, noted […]
COVID-19: Linkage Assurance activates online platforms to serve customers
Managing Director/CEO of the Company, Daniel Braie Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has activated its online platforms to serve customers and ensure continuity of operations during the period of lockdown over COVID-19 pandemic. President Mohammadu Buhari had on Sunday announced a 14-day lockdown in […]
COVID-19: Insurers to provide free N1m life cover each for health personnel, donate over N100m testing kits
From left: Managing Director, Sterling Assurance Limited, Fatai Lawal and Chairman, Nigerian Insurers Association, Tope Smart at the event. Leave a comment and share Chuks Udo Okonta Insurers under the umbrella of Nigerian Insurers Association (NIA) have pledged to provide free N1 million life insurance cover for each health personnel […]
COVID-19: Anchor Insurance cares
Ebose Leave a comment and share Our dear valued Customers, Since the outbreak of the Corona Virus (COVID-19), we have closely been monitoring developments, especially as it concerns its spread to and in Nigeria. We are conscious of the complexities and challenges the pandemic virus poses. As the World Health […]
