car crash The average car insurance premium rose by 8% in the past year to £462, says the Association of British Insurers. The ABI said the £34 rise had pushed average premiums to their highest level since its records started in 2012. The main reasons were higher repair bills, increases […]
Insurance
Stanbic IBTC Insurance Brokers leverages retail to deepen insurance penetration
From left: Chief Operating Officer, Sakeenat Bakare; Chief Executive, Anselem Igbo; Head, Business Development, Ibiyemi Mezu; and Head, Technical Operations, Wale Bello; all of Stanbic IBTC Insurance Brokers Limited, at the event. Leave a comment and share Chuks Udo Okonta Stanbic IBTC Insurance Brokers Limited has pledged to deepen insurance […]
Almond Productions floats free pidgin newspaper
Faith Leave a comment and share Almond Productions Limited, ever so concerned about making Nigerians across different class divides know much about insurance and it’s important place in their lives and businesses , has picked up the challenge once again of publishing a Free Pidgin English Newspaper which is geared […]
Insurers to pay N3m licensing fee for Bancassurance
From left:Associate Lecturer, Centre for Insurance and Financial Management Studies, Paul Olayinka; Director-General Chartered Insurance Institute of Nigeria, Richard Borokini Director, Authourisation and Policy, National Insurance Commission, Pius Agboola; Rector, Mrs. Yeside Abiodun Oyetayo at the event. By: Omobola Tolu-Kusimo Insurance firms have been authorised to sell insurance products in […]
NAICOM empowers CIFM with bancassurance mandatory course
From left: Director, Authourisation and Policy, National Insurance Commission, Pius Agboola; Rector, College of Insurance and Financial Management, Mrs. Yeside Abiodun Oyetayo and Director-General Chartered Insurance Institute of Nigeria, Richard Borokini at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) has empowered the […]
AIICO Insurance storms Tejuosho Market
AIICO staff AIICO Insurance Plc, in a bid to create insurance market awareness and deepen market penetration, have considered among other strategies the need to embark on market sensitization and awareness program tagged ‘Market Storm’ of some of the major markets in Lagos. This initiative is intended to educate the […]
Car insurance premiums ‘jump by £110’
Drivers saw their car insurance premiums rise by an average of £110 in the last year, a comparison site says. More expensive repairs and recent government changes to injury payouts pushed up annual insurance costs by 16%, according to Confused.com. It found drivers paid on average £781 on comparison sites […]
UNIC Insurance now UNIC Diversified Holdings
UNIC Insurance Plc was yesterday delisted and replaced by UNIC Diversified Holdings (UDH) Plc at the Nigerian Stock Exchange (NSE) as the insurance company completed its transformation into a financial services holding group. The Exchange conducted a simultaneous delisting of UNIC Insurance and the listing of the shares of UNIC […]
2017 Pan-African Re/Insurance Journalism Awards winners announced
Photo of the 2017 Pan-African Reinsurance Journalism Awards winners attached (Isaac Khisa – Gareth Stokes – Josiane Kouagheu) The 2017 Pan-African Reinsurance Journalism Awards winners were announced at a gala dinner in Dakar, Senegal, shining a spotlight on the excellent work of African media in the industry. In its second […]
Commit Suicide, Lose Life Assurance, Insurers Warn Those Planning Suicide
By ZAKA KHALIQ As the rate of suicide continues to grow, insurers warn that those contemplating suicide who may first go and take out life insurance policy and then go home and commit suicide hoping to earn death benefits are thinking amiss as suicide is not an accident. If a […]