From left: Ekudayo and Hon Minister of Finance, The Gambia, Hon Njie. Leave a comment and share Chuks Udo Okonta The Group Managing Director, West African Reinsurance Corporation (WAICA Re), Abiola Ekundayo, has been inducted as a Fellow of the West African Insurance Institute. The investiture, which took place at […]
Insurance
Niger Insurance pays over N1.4bn claims in 9 months
* pledges to settle all outstanding claims soon. From left Head, Information and Communication Technology, Niger Insurance Plc, Kuponiyi Kunle; Managing Director, Edwin Igbiti and Chief Finance Officer, Salami Ademola at the event. Leave a comment and share Chuks Udo Okonta Niger Insurance Plc has in the past nine months […]
Allianz: Five risk trends company directors and officers need to watch in 2020
“Bad news” events, impact of climate change, bankruptcies and political challenges have increasing risk implications for directors and officers (D&Os) Growth of securities class actions and third party funding globally means litigation against companies and their D&Os is on the rise. US, Canada and Australia see highest activity but these […]
Africa Re, IFC fuel insurers for uptake of multi-billion agric business
From left: Deputy Managing Director/Chief Operating Officer, African Reinsurance Corporation, Ken Aghoghovbia and Senior Financial Sector Specialist, International Finance Corporation (IFC), Mr. Shadreck Makumo at the event. Leave a comment and share Chuks Udo Okonta Determined to harness the immense potentials of the nation’s agriculture sector, African Reinsurance Corporation and […]
Farmers decry withholding of insurance premium by bankers
Atho Leave a comment and share Chuks Udo Okonta Farmers in the country have expressed concern over the withholding of insurance premiums by some banks, a development they considered inimical to the growth of the agriculture business. The National Deputy President, Rice Farmers Association of Nigeria (RIFAN), Segun Atho, who […]
CIIN opens entries for April 2020 examination
Leave a comment and share Chuks Udo Okonta The Chartered Insurance Institute of Nigeria (CIIN) said entries are invited online from interested persons within and outside the insurance industry for its April 2020 professional examination from December 2, 2019 to January 31, 2020. A document signed by the Director-General of […]
Agric underwriters target five million farmers
Aghoghovbia Leave a comment and share Chuks Udo Okonta Insurance companies underwriting agriculture insurance hope to provide cover for five million farmers in the next two years, Inspenonline can report. The Deputy Managing Director/Chief Operating Officer, African Reinsurance Corporation, Ken Aghoghovbia, said this today at the ongoing Africa Re and […]
Nurturing multi-billion Naira insurance sector on robust data
Ascertaining the real growth and contributions by the insurance sector to the nation’s Gross Domestic Product (GDP) has remained a puzzle, as pundits have continued to juggle different figures due to dearth of data. Chuks Udo Okonta, in this report examines the importance of data and effects of insufficient data […]
NAICOM to host African Insurance regulators on Dec. 9 in Abuja
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) is set to host the 3rd General Assembly of the Association of African Insurance Supervisory Authorities (AAISA) on December 9 – 10, 2019 at the Transcorp Hilton, Abuja. AAISA is the umbrella body set up to bring […]
Guinea Insurance to raise N8bn capital
Abidogun Leave a comment and share Press release Consequent to the June 30th, 2020 deadline given by National Insurance Commission (NAICOM) for firms to comply with its new capital regime; it was hats off to Guinea Insurance PLC at its 61st Annual General Meeting held recently in Uyo, Akwa Ibom […]
