Immediate past Chairman NIA, Godwin Wiggle; Chairman, Eddie Efekoha and Director-General, Sunday Thomas at the event. Leave a comment and share Chuks Udo Okonta The new Chairman of the Nigerian Insurers Association (NIA) Eddie Efekoha, has identified four key programmes his administration would focus to take insurance operations to lofty […]
Insurance
Royal Exchange grosses N10.7bn in 2015
Muktari Leave a comment and share Chuks Udo Okonta Royal Exchange Plc has said it generated a gross written premium of N10.7 billion from business activities for the financial year ended December 31, 2015, representing an increase of 14 per cent over the figure of 2014, which stood at N9.4 […]
Insurers post about N350bn gross premium income in 2015
Immediate past Chairman Godwin Wiggle; Chairman Eddie Efekoha and Director-General Sunday Thomas at the event. Leave a comment and share The estimated volume of business underwritten by the insurance industry in 2015 was N350 billion as against N294 billion written in 2014. The immediate past President of the Nigerian Insurers […]
NIA holds AGM, Efekoha becomes Chairman
Efekoha Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association (NIA) is holding its 45th Annual General Meeting (AGM) today, Thursday, June 30, 2016 at the Metropolitan Club, kofo Abayomi Street, Victoria Island Lagos. Time is 11.am. The association’s Deputy Chairman and Managing Director Consolidated Hallmark Insurance […]
Brexit vote prompts fears over UK insurers’ capital strength
BY CAROLYN COHN Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their ability to pay dividends or hand cash back to investors. New European capital Solvency II rules introduced in January require insurers to account for investment risk, and […]
SMEs urged to sign on to insurance policies
The Chief Executive Officer (CEO) of GN Life insurance, Mr Andrew Fiifi Simpson, has urged Small and Medium Enterprise (SMEs) not to shy away from taking up insurance policies. Instead, he advised them to sign onto such policies to cushion their businesses against eventualities. According to him, many SMEs in […]
Old Mutual to retain ‘strategic minority stake’ in Nedbank
BY ROBERT LAING OLD Mutual will retain “an appropriate strategic minority stake” in Nedbank after distributing “a significant proportion” of the bank’s shares to its shareholders, CEO Bruce Hemphill said at the insurance group’s annual general meeting on Tuesday. The group is in the process of stripping itself down to […]
Sovereign Trust Insurance promotes youth mentorship
Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc has extended its Corporate Social Responsibility (CSR) initiative to a Lagos-based Non-Governmental Organisation , Teenage Life on partnership aimed at strengthening youth development in the country. The Coordinator of Teenage Life, Mrs. Jessica John Braimah, commended the commitment […]
Insurance shares hit after Brexit vote
Marion Dakers, Financial services editor Shares in London-listed insurance firms have taken another tumble today as analysts try to judge the damage that Brexit could inflict on their customer base and investment portfolios. Insurance firms, while suffering less than the British banks in the aftermath of the referendum, are exposed […]
China’s biggest online marketplace is selling ‘breakup insurance’ for Taylor Swift’s love life
By Alicia Tan When it comes to Tay-Tay’s love life, one day you’re in and the next you’re out, so you can never be too sure. Cashing in on Taylor Swift’s latest unconfirmed relationship with actor Tom Hiddleston are several Taobao retailers who have started to sell “insurance” to the […]
