Reinsurance Solutions Group announced the launch of its London subsidiary, Reinsurance Solutions London Ltd. Reinsurance Solutions is a Mauritius-based reinsurance broking group trading across Africa with subsidiaries in Kenya, Cote d’Ivoire, and now London. The group, established 20 years ago, has grown to become the largest African-owned specialist reinsurance broker, […]
Insurance
Why some applications for broking licence were rejected – NAICOM
Leave a comment and share Chuks Udo Okonta The National Insurance Commission (NAICOM) said some applications for insurance broking licence were rejected because it observed that some of the applicants have been operating illegally without its permission. The Commissioner for Insurance, Mohammed Kari, who disclosed this to journalists in Abeokuta, […]
FBNInsurance rewards outstanding salesmen, women at annual retail awards
Leave a comment and share Chuks Udo Okonta FBNInsurance Limited, an FBN Holdings company associated with the Sanlam Group South Africa, as part of her corporate strategy and in appreciation of a job well done, recently rewarded, her outstanding Financial Advisors, Sales Managers and Senior Sales Managers at an annual […]
China regulator tightens rules on life insurance products
Xiang Junbo, chairman of China Insurance Regulatory Commission (CIRC), answers a question at a news conference on the sidelines of the National People’s Congress (NPC), China’s parliament, in Beijing, China, March 12, 2016. REUTERS/Jason Lee China’s insurance regulator is tightening its control over short and mid-term life insurance products, in […]
Insurance boss declares that new Solvency II safety rules were a waste of £5bn
Michael Bow Billions spent by the insurance industry to comply with new EU-wide capital rules have been a waste of money, the chief executive of Legal & General has said. Nigel Wilson said most of the sums spent complying with the Solvency II regime would have been better spent on […]
Insurer AXA’s CEO Castries to leave group on Sept. 1
Insurer AXA’s Chairman and Chief Executive Henri de Castries will step down on Sept. 1 after nearly 17 years as CEO to bring in a new management team to implement the French company’s new strategic plan, he said on Monday. AXA Germany head Thomas Buberl, 42, will become deputy CEO […]
Tap micro-insurance to deepen financial inclusion – Minister tells brokers
Deputy Finance Minister, Helen Mona Quartey Deputy Finance Minister, Helen Mona Quartey, has tasked insurance brokers and other insurance stakeholders to pay more attention to emerging insurance portfolios—specifically micro-insurance—as a means of deepening market penetration and financial inclusion. Speaking at the third annual educational conference and exhibition of the Ghana […]
Would insured cops make better cops?
Michelle Thomas Reedus In the weeks since a video was released showing a white Chicago cop shooting black teen Laquan McDonald 16 times, the city has understandably been in chaos. Chicago activists, and civic and religious leaders protested the delayed release of the dashcam footage. Others have been outraged over […]
NAICOM eyes June for takeoff of policy identification number
From left: The Director Research Strategy and Information Technology, Adamu Balanti; Ogun State Commissioner of Commerce and Industry, Otunba Bimbola Ashiru and Commissioner for Insurance, Mohammed Kari at the event. Leave a comment and share Chuks Udo Okonta If things worked as planned, the National Insurance Commission (NAICOM) would before […]
Sovereign Trust Insurance unveils Soyinka as MD/CEO
Soyinka Leave a comment and share Chuks Udo Okonta The Management of Sovereign Trust Insurance (STI) Plc has announced the elevation of its erstwhile Executive Director and Divisional Head,Technical, Olaotan Soyinka, to the position of Managing Director/Chief Executive Officer following the retirement of the hitherto Managing Director/CEO, Wale Onaolapo in […]
