Many insurance companies in Liberia continue to come under criticisms for failing to pay claims timely and also addressing the concerns of customers but the Managing Director of the Activa International Insurance Company has blamed such practice on the many challenges facing the insurance industry. “Some of the disadvantages we […]
Insurance
Millions of Britons paying ‘ethnic minority penalty’ for car insurance
Drivers in areas with high density of minority ethnic households are each charged up to £450 a year more, says study Millions of people living in areas with a high density of minority ethnic households are paying an “ethnic penalty” of up to £450 a year each in higher car […]
UK insurer esure’s H1 profit hurt by adverse weather events
British insurer esure Group Plc reported a fall in first-half underlying pretax profit, hurt by adverse weather events and said Britain’s vote to leave the EU is expected to have limited impact on its operations. esure, which provides insurance products to drivers, home owners, pet owners and holiday makers across […]
LASPEC, FBNInsurance others win Inspenonline awards
From left: Managing Director Plum Insurance Brokers Limited, Mrs Laide Osijo; Director, Centre for Pension Right Advocacy, Mr Ivor Takor; Director General Lagos State Pension Commission, Mrs Folashade Onanuga and the Director General Ondo State Pension Commission, Mr Jaiyeola Olowosuko at the 2015 Nigerian Insurance and Pension Awards in Lagos. […]
List of winners of 2015 Nigerian Insurance & Pension awards
From left: Director General Lagos State Pension Commission, Mrs Folashade Onanuga; Managing Director Plum Insurance Brokers Limited, Mrs Laide Osijo; Director, Centre for Pension Right Advocacy Mr Ivor Takor and Former Director General Chartered Insurance Institute of Nigeria Adegboyega Adepegba at the event. Insurance company of the year: FBNInsurance limited […]
Insurers move to cut overheads
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 The Insurance Industry is presently working out measures to reduce their cost burden, […]
NIA chairman’s investiture holds August 16
Leave a comment and share Chuks Udo Okonta The Nigerian Insurers Association will hold an investiture luncheon in honour of its 22nd Chairman, Eddie Efekoha, on Tuesday, August 16, 2016 at the Grand Ball Room, Eko Hotel & Suites, Victoria Island, Lagos, at 11.30 am prompt. According to a statement […]
Sovereign Trust Insurance posts N582.21m profit
Leave a comment and share Chuks Udo Okonta Sovereign Trust Insurance Plc posted a profit after tax of N582.21 million in 2015, its Chairman, Oluseun Ajayi, has said. He disclosed this today at the firm’s Annual General Meeting in Lagos, adding that in spite the tough operating terrain the firm […]
Staco Insurance nets N84.32m profit
From left: Mr. Dere Otubu, former Chairman; Mr. Samuel Turoti, newly appointed Chairman and Dr. Sakiru Oyefeso, Managing Director/CEO all of Staco Insurance Plc at the 20th AGM of the Company held in Lagos. Leave a comment and share Chuks Udo Okonta Staco Insurance Plc recorded a profit after tax […]
Old Mutual to sell Italian stake
Sandile Mchunu Old Mutual is set to offload its Italian stake following its announcement on Friday that it has entered into a short period of exclusive negotiations with Cinven, the owner of Ergo Italia, regarding the sale of Old Mutual Wealth Italy. Although the company said there was certainty at […]
