By Oliver Suess @OliverSuess Hurricane Matthew, which devastated parts of the Caribbean before battering the U.S. East Coast, may cost insurers as much as $8.8 billion, according to AIR Worldwide. The catastrophe-modeling firm estimates insured losses range from $2.2 billion to $6.8 billion for the U.S. and from $600 million […]
Insurance
Almost half of people believe there are few downsides to making false insurance claims – new research
A small number of people believe that there are sufficient legal deterrents to tackle insurance fraud. And almost half of those surveyed believe that there are few downsides to making a false or exaggerated claim. Just 13pc of those in the 45 to 55 age group, and 7pc in the […]
Francophones Disregard ECOWAS Brown Card Issued In Ghana
The Ghana Haulage Transport Association has accused some Francophone countries in the West Africa sub-region of constantly harassing and showing very little respect for the ECOWAS Brown Card Insurance issued by insurance companies in Ghana. The President of the association, Alhaji Abdulai Baba, told the Daily Graphic that many Ghanaian […]
FBNInsurance, General redefine underwriting with array of products
From Left: Olumide Ibidapo, Head Technical, FBNGI; Adeola Adekunle, Head ERM & Annuity Services, FBNI; Bode Opadokun, MD/CEO, FBNGI; Val Ojumah, MD/CEO, FBNInsurance Limited; Olasupo Sogelola, Head, Brokers Market & Public Sector; Kelvis Eikponobhoa, Retail Distribution, FBNI; Elizabeth Agugoh, Head Marketing & Corporate Communications, FBNI; Babafemi Ayotunde, Retail Distribution, FBNI […]
Photo: Faces at the FBNI Media Product fair for FBNInsurance, FBN General Insurance
From Left: Olumide Ibidapo, Head Technical, FBNGI; Adeola Adekunle, Head ERM & Annuity Services, FBNI; Bode Opadokun, MD/CEO, FBNGI; Val Ojumah, MD/CEO, FBNInsurance Limited; Olasupo Sogelola, Head, Brokers Market & Public Sector; Kelvis Eikponobhoa, Retail Distribution, FBNI; Elizabeth Agugoh, Head Marketing & Corporate Communications, FBNI; Babafemi Ayotunde, Retail Distribution, FBNI […]
Embroker Launches First Digital Brokerage for Business Insurance
/PRNewswire/ — Embroker, the first modern business insurance platform designed to improve how companies of all sizes buy and manage insurance coverage, today announced the public launch of its technology platform. The system allows businesses to digitize existing policies and data, analyze, compare, buy new coverages, and file and manage […]
Old Mutual tipped to sell UK operations for £4 billion
By Paul Lucas In what could be a further sign of consolidation in the life insurance and wealth management industries, South African insurance giant Old Mutual is being tipped to sell its UK operations, Old Mutual Wealth for a possible £3 billion to £4 billion. According to a Financial Times […]
Old Mutual tipped to sell UK operations for £4 billion
By Paul Lucas Old Mutual tipped to sell UK operations for £4 billion In what could be a further sign of consolidation in the life insurance and wealth management industries, South African insurance giant Old Mutual is being tipped to sell its UK operations, Old Mutual Wealth for a possible […]
NAICOM sends directors of insurance firms to school
Leave a comment and share Chuks Udo Okonta The national Insurance Commission (NAICOM) has put in place a training program for directors of insurance firms that would enable them understand their roles. According to the Commissioner for Insurance, Mohammed Kari, the training would bring the directors to speed in understanding […]
Photo: Faces at the offices representatives committee of the CIIN 2016 workshop
The offices representatives committee of the chartered insurance institute of Nigeria held 2016 workshop at Legacy resort Abeokuta.
