PRESS RELEASE The move reflects Uganda’s commitment to ensuring the viability of small and medium-scale renewable energy projects KAMPALA, Uganda, July 27, 2018/ — Uganda becomes the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), a joint initiative of the African Trade Insurance Agency […]
Insurance
FBNInsurance earns ‘A+’ Agusto Rating
Leave a comment and share Chuks Udo okonta Fast-growing life insurer, FBNInsurance limited, has confirmed its continuous growth amongst the comity of insurers by bagging the prestigious ‘A+’ credit rating from the foremost research and credit ratings company, Agusto & Co. In the final rating report, the credit ratings company […]
FG pegs capital base of mega insurance firms at N15bn
Leave a comment and share Chuks Udo Okonta The Federal Government through the National Insurance Commission (NAICOM) has introduced a 3-tier recapitalisation exercise for the insurance industry which will see new composite insurance firms jack their capital from N5 billion to N15 billion comes January 1, 2019. To this end, […]
Shareholders approve voluntary delisting of Great Nigeria Insurance On Exchange
* Firm grows profit by 202% in 2017 Shareholders Leave a comment and share Chuks Udo Okonta Shareholders of Great Nigeria Insurance Plc today unanimously approved the delisting of all the ordinary issued shares of the company from the Daily Official List and from trading on the main board of […]
Insurance CEOs fret over emergency meeting
Omobola Tolu-Kusimo Panic has gripped the Chief Executive Officers of insurance firms following the invitation extended to them by the Federal Government to attend and emergency meeting tomorrow, The Nation learnt yesterday. The invitation to attend the Insurers Committee Meeting was extended to them via a memo dispatched to the […]
Guinea Insurance assures shareholders better return on investment
From left: Chairman Board of Directors, Barr. Godson Ugochukwu; Executive Director, Corporate & Legal Services, Mrs. Isioma Omoshie-Okokuku, Non-Executive Director, Alhaji Hassan Dantata at the event. Leave a comment and share Chuks Udo Okonta Guinea Insurance Plc has assured shareholders of improved Return On Investment (ROI) even as the investors […]
Niger Insurance posts N8.59bn gross premium
From left: Executive Director, Technical & Marketing, Niger Insurance Plc, Lawal Mijinyawa; Managing Dire tor, Dauda Adedeji and Chairman, Yusuf Abubakar at the event. Leave a comment and share Chuks Udo Okonta Niger Insurance Plc posted a gross premium amounting to N8.59 billion in 2017 as against N5.96 billion recorded […]
Insurers eye BVN to tackle fraudulent claims
Mrs Ilori Leave a comment and share Chuks Udo Okonta The Insurance Industry in a bid to curtail incidences of fraudulent insurances, is considering the utilisation of Bank Verification Number (BVN) validation service for validating identity of prospective clients and beneficiaries of claims, Inspenonline can report. The Director-Genral, Nigerian Insurers […]
CIIN to host Efekoha’s investiture next week Tuesday
From left: Head, Exams, Chartered Insurance Institute of Nigeria (CIIN), Abimbola Tiamiyu; Assistant Director/Head of Admin, Norbert Enonye; Deputy Director General, CIIN, Uju Ndubuisi Chukwu; Chairman, Investiture Planning Committee, Sunny Adeda; Vice Chairman of the Committee, Bola Temowo; Mrs Dotun Adeogun, Group Head, HR & Communications,Consolidated Hallmark Insurance Plc, and […]
Royal Exchange Plc posts N12.8bn gross written premium in 2017
Muktari Leave a comment and share Chuks Udo Okonta Royal Exchange Plc, Nigeria’s premier insurance and financial services group, has announced its results for the 2017 financial year. The company generated a Gross Written Premium (GWP) of N12.8 billion from its business activities as at ended December 31, 2017, representing […]
