Insurance

Insurance

Swiss Re expects to cover majority of COVID-19 losses

Swiss Re group CEO Christian Mumenthaler By Ranamita Chakraborty Even though Swiss Re reported a net loss of $1.1bn for the first half of 2020 after booking $2.5bn of coronavirus-related claims and reserves, its group CEO Christian Mumenthaler noted that the reinsurer expects the claims and reserves it booked in […]

Insurance

NCRIB to take insurance awareness to Presidency

From left: Tope Adaramola, Assistant Executive Secretary, Nigerian Council of Registered Insurance Brokers; Tunde Oguntade Vice President/representative of President, and Fatai Adegbenro, Executive Secretary/CEO during the annual general meeting of the NationalAssociation of Insurance and Pension Correspondents in Lagos. Leave a comment and share Chuks Udo Okonta The Nigerian Council […]

Insurance

NCRIB lauds FG for payment of 2020 group life insurance premium

From left: Tunde Oguntade Vice President/representative of President, Nigerian Council of Registered Insurance Brokers, Fatai Adegbenro, Executive Secretary/CEO and Tope Adaramola, Assistant Executive Secretary, during the annual general meeting of the NationalAssociation of Insurance and Pension Correspondents in Lagos. Leave a comment and share Chuks Udo Okonta The Nigerian Council […]

Insurance

AIICO Insurance posts N31.9bn gross written premium

Fajemirokun Leave a comment and share Chuks Udo Okonta AIICO Insurance Plc reported Gross Written Premiums of ₦31.9bn, up 26 per cent from the same period in 2019 (Q2 2019: N25.4bn). The growth was driven by sustained positive performance across the major lines of business of the Group. The Group’s […]

Insurance

Mutual Benefits Assurance posts N18.7bn gross written premium

From left:Executive Director, Operations, Mutual Benefits Assurance Plc, Biyi Ashiru-Mobolaji; Managing Director, Mutual Benefits Assurance Plc, Femi Asenuga and the Chairman, Mutual Benefits Assurance Plc, Dr. Akin Ogunbiyi at Mutual Benefits Assurance Plc’s Annual General Meeting held in Lagos. Leave a comment and share Chuks Udo Okonta Mutual Benefits Assurance […]

Insurance

ARIAN General Secretary, Moses marks birthday today

Itoya *Inspenonline wishes him well Leave a comment and share Chuks Udo Okonta The General Secretary, Association of Registered Insurance Agents of Nigeria (ARIAN) Itoya Moses Obigho, has expressed gratitude to God for the privilege to celebrate another birthday today, Tuesday, July 28, 2020. Itoya, who his passion for knowledge […]

Insurance

RIMSON implores government to stem perennial flooding

Akalonu Leave a comment and share Chuks Udo Okonta Risk Managers Society of Nigeria (RIMSON) has called on all tiers of Government in the Federation to take more proactive and decisive steps against the avoidable fatalities and catastrophic loss of properties in the perrenial flood zones in Nigeria. The release […]

Insurance

Is this the insurance industry’s new normal?

Leave a comment and share * Many insurance businesses have been forced to speed up their digital transformation efforts but could a hybrid business model be the industry’s future? By Travys Wilkins, Executive Director at SureStart (www.SureStart.co.za) When government first announced a national lockdown back in March, countless businesses were […]

Insurance

NAICOM gets new Deputy Commissioners

Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari has approved the appointments of Alhaji Sabiu Bello Abubakar and Oba Olufemi Oluniyi fca as Deputy Commissioners for Insurance, National Insurance Commission (NAICOM). A statement by Head, Commissioner for Insurance Directorate, NAICOM, Rasaaq Salami, said Abubakar is the Deputy […]