By Cynthia Ang The Tunisian Federation of Insurance Companies (FTUSA) said it will contribute TND2m ($681,000) to the COVID-19 Solidarity Fund 1818, adding strength to the collective fight against the spread of coronavirus FTUSA has also urged the insurance sector to react positively in order to increase the fund’s resources […]
Insurance
NAICOM extends submission of first quarter returns, other palliatives to insurance operators
Thomas Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) today announced some palliatives granted to insurance operators as they battle challenges brought about by the deadly coronavirus (COVID-19). The Commission in a circular signed by its Director, Policy & Regulation, Pius Agboola, for the Acting […]
NIA suspends all monthly technical committee meetings
Mrs. Ilori Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) suspended all its monthly technical committee meetings until further notice. A statement by its Controller/Head, Human Resource, Administration and Corporate Communications, Davis Iyasere, said the association would encourage members to hold virtual meetings where necessary. […]
Recent soccer tragedies in Nigeria: Insurance not lamentations should be response
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, […]
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 […]