By Kevin Mwanza Only 10 African countries contributed 92 percent of the total premiums that insurance firms enjoyed across the continent in 2014, with six of them surpassing the $1 billion threshold in non-life premiums. The nations are South Africa, Morocco, Egypt, Nigeria, Kenya, Algeria, Angola, Namibia, Tunisia and Mauritius. […]
Insurance
Old Mutual completes £183 million investment
By Louie Bacani Old Mutual completes £183 million investment British insurer Old Mutual has completed its previously announced multimillion transaction with leading US investment firm Landmark Partners. The company revealed in June that it had signed an agreement to acquire 60% of Landmark Partners, a global private equity, real estate […]
CIIN holds 2016 professionals’ forum
Leave a comment and share Chuks Udo Okonta Insurance professionals would from Wednesday, August 31 to Saturday, September 3, 2016, gather in Abeokuta to brainstorm on how to promote their businesses amidst the present economic challenges. The annual Professionals’ Forum organised by the Chartered Insurance Institute of Nigeria (CIIN) has […]
Royal Exchange grosses N8.43bn half year
Muktari Leave a comment and share Chuks Udo Okonta Royal Exchange Plc, Nigeria’s premier insurance and financial services group, said it generated a Gross Written Premium of N8.43 billion from its business activities in the first half of the 2016 financial year, representing an increase of 34 percent over the […]
Expert recommends survival strategy for insurance amidst growing economic uncertainties
Tinubu, second from right. An Insurance expert has suggested soft landing for insurance firms wishing to survive the future amidst growing economic uncertainties caused by dwindling oil prices, fluctuations in exchange rate, insurgency among others. The current economic situation, the expert noted has affected the general economy with the insurance […]
FBNInsurance wins Insurance Company of the Year Award.
…Val Ojumah is Insurance Man of the Year Leave a comment and share Chuks Udo Okonta Inspenonline Media, organisers of the 2015 Nigerian Insurance & Pension Awards, has announced fast-rising insurance company, FBNInsurance Limited, as the winner of its Insurance Company of the Year award while the company’s Managing Director, […]
FBNInsurance gets ‘A+’ (Agusto) rating
Ojumah …up from ‘A‘ in 2015 Leave a comment and share Chuks Udo Okonta One of Nigeria’s fastest growing Insurance companies, FBNInsurance Limited, has once again demonstrated its rising profile in the insurance industry by bagging the prestigious ‘A+’ credit rating from the foremost research and credit ratings company, Agusto […]
NAICOM bars banks, airlines, telecoms from selling insurance products
From right: Kari and the Managing Director Leadway Assurance Limited Hassan Oye Odukale at the event. Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM), has promised to sanction Henceforth, any insurance company in the country that uses banks, telecommunication companies and airlines, that are not […]
Standard Alliance Insurance grosses N5.43bn income
From left: Chief Executive Officer Standard Alliance Insurance Plc, Bode Akinboye; Chairman, Johnson Chukwu and Company Secretary, Uruemuesiri Oghen at the event. Leave a comment and share Chuks Udo Okonta Standard Alliance Insurance Group posted a Gross Premium Income (GPI) of N5.43 billion last year, its Chairman, Johnson Chukwu has […]
Insurers to use radio, social media on rebranding campaign
From left: The Head Corporate Affairs NAICOM, ‘Rasaaq ‘Salami; Vice Chairman Sub Committee Publicity of the Insurers Committee, Ebelechukwu Nwachukwu and the Chairman, Hassan Oye Odukale at the event. Leave a comment and share Chuks Udo Okonta Insurers multi-million rebranding campaign which would soon takeoff is to be driven through […]
