Opara been decorated with the chain of office Leave a comment and share Chuks Udo Okonta The President Institute of Loss Adjusters of Nigeria (ILAN) Ralph Opara, has identified training of loss adjusters; establishment of the institute by an Act of the National Assembly; improving on the relationship with other […]
Insurance
China’s first hospital founded by insurance company opens
China’s first hospital founded by an insurance firm, in cooperation with local government, opened on Sunday, creating a new model for health care. Approved by the China Insurance Regulatory Commission, the Sunshine Union Hospital opened in Weifang City in east China’s Shandong Province. The Sunshine Insurance Group invested 3 billion […]
Govt mulls pilot insurance policies to cover natural disasters
China plans to launch pilot insurance policies that will cover natural disasters and establish an insurance system for catastrophes, according to a work plan jointly released by China Insurance Regulation Commission and Ministry of Finance on Tuesday. By the end of 2017, rules on earthquake insurance and an insurance fund […]
ILAN holds investiture for 10th president
Leave a comment and share Chuks Udo okonta The Governing Council of the Institute of Loss Adjusters of Nigeria (ILAN) said it has concluded plans for the formal investiture of its 10th President Ralph N. Opara. According to the Chairman, Organising Committee and Vice President of the Institute, Femi Hassan, […]
Smart cars: how technology is putting the brakes on insurance premiums
Fully automated vehicles are only five to 15 years from being introduced, but the public and regulators are nervous. Photograph: Eric Risberg/Associated Press Many drivers looked at their car insurance with an air of resignation last year. After years of declines, the average premium was on the way back up, […]
SIC Insurance repositions for improved service
SIC Insurance Company Limited has set in motion its Enterprise Risk Management (ERM) programme to meet regulatory requirements from the National Insurance Commission (NIC). Ghana’s insurance regulator, the NIC has been immersed in an ongoing updating of polices, processes and directives aimed at fostering the changes needed to adapt both […]
FBNInsurance grosses N12.1bn premium income, pays 19k dividend
From left: Ayokunle Ayoko, Company Secretary, FBNInsurance; Val Ojumah, MD/CEO, FBNInsurance Ltd.; Mrs Adenrele Kehinde, Chairman, Board of Directors, FBNInsurance Ltd.; Oyewale Ariyibi, Shareholder, FBNHoldings and Hendrik Nel, Shareholder, Sanlam Group SA, at the company’s 5th Annual General Meeting in LagosI Leave a comment and share Chuks Udo Okonta FBNInsurance […]
NCRIB condoles with Ogun govt. over collapsed building
Leave a comment and share Chuks Udo Okonta The Nigerian Council of Registered Insurance Brokers (NCRIB) has commiserated with the Ogun State Government over the collapse of one of the market buildings under construction in Abeokuta, reportedly killing one person. The Council in a release signed by the President/Chairman of […]
RIMSON to institute awards for outstanding students
Leave a comment and share Chuks Udo Okonta Risk Managers Society of Nigeria (RIMSON) will from next year institute awards for best post graduating students in Risk Management at the University of Lagos, its President Jacob Adeosun, has said. He disclosed this at the closing dinner that climaxed the 2016 […]
2 Charged with Insurance Fraud in Oklahoma Buried Truck Case
Two Oklahoma men accused of burying a pickup truck that was later reported stolen are now charged with insurance fraud. Arrest warrants have been issued for Robert Campbell II, 49, of Langley and Larry Ezell, 25, of Vinita, the Oklahoma Insurance Department announced. The charges are the result of a […]
